PINOVA Capital completed the acquisition of a majority stake in IREMA-Filter.

PINOVA Capital, a private equity firm, completed the acquisition of a majority stake in IREMA-Filter, a filter solutions provider. Financial terms were not disclosed. "PINOVA is the ideal partner for us. PINOVA is a financial investor with a lot of experience in internationalization of medium-sized companies – especially in the USA. Together with PINOVA, we can now expand production in North Carolina, further digitize our manufacturing processes and strengthen the organizational integration" Andreas Seeberger, IREMA Managing Director.