Ardian, a private investment company, completed the acquisition of a majority stake in LIFTKET, an electric chain hoists manufacturer, from Afinum, a German investment firm. Financial terms were not disclosed. “LIFTKET has become a leading player in the European market through the absolute reliability, durability and safety of our products. Based on our strong competitive position and innovative products, as well as the fundamental growth of our customer markets, we continue to see significant growth potential for our company. In Ardian, we have found a partner that will actively support us in realizing this potential. We look forward to working with Ardian and would like to thank Afinum, who will continue to accompany us as a minority investor, for their continued trust,“ Jürgen Dlugi, LIFTKET CEO.