# Capvis acquires majority stake in Thermamax Group

Capvis Equity IV LP acquires a majority shareholding in Thermamax Group, a global technology leader in thermal and acoustic insulation systems for engines.

- Type: Acquisition
- Announced: 2017-08-23
- Where: Mannheim, Germany, Germany
- Status: announced
- Products: thermal insulation systems, acoustic insulation systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Capvis AG](https://endata.com/companies/10803.md) (acquirer)
- [Thermamax Inc.](https://endata.com/companies/26381.md) (target)

## Sources

- [capvis.com](https://www.capvis.com/en/news/capvis-acquires-majority-shareholding-in-high-temperature-insulation-system-specialist-thermamax.html), 2017-08-23: "Capvis becomes the new majority owner of Thermamax Group, a global technology leader in the design and manufacture of thermal and acoustic insulation systems for engines of all types."

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