Aequita, a Munich-based family office, completed the acquisition of the trusteeship of IFA Group, a automotive supplier. Financial terms are not disclosed. "I am very pleased that we have succeeded in securing the future of the IFA Group. In the course of the transformation process, we have made substantial progress over the past years, which now allows the company to continue on its growth path under new ownership. I would like to thank all employees, customers and business partners for their close cooperation during this intensive period. With AEQUITA as its new owner, the IFA Group will further strengthen its market position," Arno Haselhorst, IFA Group CEO and CRO.