Loading…

Spanish private equity firm PHI Industrial has acquired ALJO, a German manufacturer of complex aluminium structures for aerospace, space, automotive, and naval industries. The deal is the first investment from PHI Fund IV, targeting €150 million, and represents under 10% of the fund's planned size.
“The deal marks the first investment from PHI Fund IV, a new vehicle targeting €150 million at final close, and lets the Jonuscheit family exit the business it has owned.”dealroom.co
Summarized from public sources; check the original articles before acting on it.