# Gimv acquires 67% stake in ALT Technologies

Gimv acquired a 67% majority stake in ALT Technologies, a Dutch supplier of airbag components, from Standard Investment. The management team holds the remaining stake.

- Type: Acquisition
- Announced: 2017-03-28
- Where: Utrecht, Netherlands
- Status: completed
- Products: airbag components, covers, wraps, seals, labels
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Gimv](https://endata.com/companies/4203.md) (acquirer)
- [Standard Investment](https://endata.com/companies/8499.md) (partner)
- [ALT Technologies](https://endata.com/companies/23150.md) (target)

## Sources

- [gimv.com](https://www.gimv.com/en/news/gimv-acquiring-majority-stake-alt-technologies-leading-supplier-airbag-components), 2017-03-28: "Gimv is acquiring a 67% stake, while the balance will be held by the company's management team under the leadership of CEO Jean-Luc Verstraeten."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.