Deutsche Beteiligungs to acquire a 62% stake in MTW Holding from Bravo Capital.

Deutsche Beteiligungs, a publicly-traded holding company, agreed to acquire a 62% stake in MTW Holding, a group of Italian manufacturers of metal and plastic accessories serving the luxury goods industry, from Bravo Capital, a private equity firm. Financial terms were not disclosed. “The Group is well-positioned in a resilient market that is outpacing GDP growth. With our experience in realising development potential, we want to contribute to the management team's ability to continue its buy-and-build strategy in order to add competences and geographical presence," Tom Alzin, DBAG Member of the Board of Management.