Private equity firm HQ Equita completed its acquisition of a majority stake in WOLF Verpackungsmaschinen Group, a manufacturer of vertical form, fill and seal machines for food, industrial goods and chemicals. Financial terms were not disclosed. “The packaging industry is a growth market. WOLF is optimally positioned with its innovative and high-quality products and services and the state-of-the-art assembly site in China. It will enable us to strengthen our packaging platform and drive the growth and internationalisation of our three packaging specialists through promising synergies,” Florian Wiemken, HQ Equita Partner.