PSP Investments acquired a 32% stake in Wittur from Bain Capital.

The Canada’s Public Sector Pension Investment Board acquired a 32% stake in Wittur from Bain Capital Private Equity. Financial terms were not disclosed. “Urbanisation and the ageing population drive the global demand for elevators with ever increasing reliability and safety standards. Wittur benefits from those trends as the OEMs’ partner of choice, providing critical systems and components worldwide.” Przemek Obloj, PSP Managing Director.