GERMANY - EQUITA exits AKT Altmärker Kunststofftechnik

Equita Management GmbH’s Equita Fonds 2 has sold its minority stake in plastic components manufacturer AKT Altmärker Kunststofftechnik GmbH back to the founding management, which is the majority shareholder of the company. The company is headquartered in Gardelegen, Germany, and also has production facilities in the Czech Republic. The company employs 1,300 staff. During the investor’s engagement, the company showed strong organic growth, and increased its turnover from EUR 87m in 2001 to EUR 159m in 2007.