HPE Holland backs Cotesa with €20m

The GP acquired a minority stake in the company following the investment. The venture capital firm typically invests growth capital in Western European mid-sized technology companies.

Cotesa plans to use the investment to strengthen its position in the aviation market and accelerate growth as an automotive supplier.

Company
Cotesa manufactures components out of fibre-reinforced composite materials for the aviation and automotive industries. The company is headquartered in Mittweida.

Advisers
Company – CMS Hasche Sigle, Stefan-Ulrich Müller (Legal).

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• DACH
• Expansion
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• Germany