◂ Announcements

Nov 19, 2018ACQUISITIONSwitzerland

Novares completes acquisition of 20% stake in APAG Holding

Novares Venture Capital Fund completed the acquisition of a 20% equity stake in APAG Holding through a new share issue. The transaction closed on 26 October 2018.

Status

Completed

Productsautomotive parts

CompaniesNovares acquirer APAG Holding target

Sectors#Automotive Components

“APAG will use the proceeds from the strategic investment to boost innovation and finance capacity expansion”autotechinsight.ihsmarkit.com

1 source
autotechinsight.ihsmarkit.comNovares completes acquisition of 20% equity stake in APAG - Automotive Technology Insight | Forecasts | Industry News | Supply ChainNov 20, 2018

Summarized from public sources; check the original articles before acting on it.

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Novares completes acquisition of 20% stake in APAG Holding · Endata