Altor Equity completed the acquisition of VTU Group.

Altor Equity, a private equity firm focused on leveraged buyout and growth capital investments, completed the acquisition of VTU Group, a Life Sciences and Green Transition process engineering company. Financial terms were not disclosed. "We were deeply impressed by the Altor partnership approach from the outset: an entrepreneurial mindset, with curiosity, creativity, and sustainability at the core of its DNA. We are convinced that Altor is a perfect match for VTU Group as we embark on the next phase of VTU’s success story. We are very excited to working together with the Altor team and create sustainable value for our customers, employees and allstakeholders," Friedrich Fröschl, VTU Group CEO.