Technik-Flex completed the acquisition of a 75% stake in their joint venture from ACPS Automotive.

Synopsis

Technik-Flex, a car and machinary part manufacturer, completed the acquisition of a 75% stake in its joint venture from ACPS Automotive, a market and technology provider for towbars for passenger cars, SUVs, and vans. Financial terms were not disclosed.

Principals

target

Acps Automotive Technik Flex Joint Venture

bidder

Technik Flex

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Market Context

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Bidder Team (1)

richárd kővári

Director at TECHNIK FLEX

Manager

bidder

Deal

n/a

Total Value

Vendor Team (3)

janos toth

Partner at Wolf Theiss

Lawyer

vendor

Deals

£ 15.28 B

Total Value

caspar baumhauer

CEO at ACPS AUTOMOTIVE

Manager

vendor

Deal

n/a

Total Value

volker butz

CFO at ACPS AUTOMOTIVE

Manager

vendor

Deal

n/a

Total Value

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