AEQUITA completed the acquisition of Willi Elbe.

AEQUITA, a Munich-based family office investing in special situations including corporate carve-outs, successions, and recovery situations across Europe, completed the acquisition of Willi Elbe, an automotive supplier. Financial terms were not disclosed. "We are looking forward to the cooperation with the employees of Willi Elbe. We were convinced about Willi Elbe's outstanding technological capabilities and its future potential since day one. With our experience and support, we want to further expand Willi Elbe's strong positioning in the field of state-of-the-art steering technology, based on the established global production network,” Axel Geuer, AEQUITA Founder and Chairman.