Arcline Investment Management completed the acquisition of Altronic from HOERBIGER Group.

Arcline Investment Management, a growth-oriented private equity firm, completed the acquisition of Altronic, a company that specializes in the design, manufacturing, and distribution of ignition and control systems for natural gas-fueled industrial engines and compressors, from HOERBIGER Group, a company that offers performance-critical products and services for various industries, including automotive, energy, and electromobility. Financial terms were not disclosed. "Arcline's financial resources and portfolio synergies will allow us to fully pursue our entrepreneurial goals and growth ambitions. After the Company's more than 15 years of successful development under the HOERBIGER Group, this transition to new ownership marks a natural step in Altronic's long-term success," David Lepley, Altronic President and CTO.