# 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.

- Type: Acquisition
- Announced: 2018-11-19
- Where: Switzerland
- Status: completed
- Products: automotive parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Novares](https://endata.com/companies/26886.md) (acquirer)
- [APAG Holding](https://endata.com/companies/34274.md) (target)

## Sources

- [autotechinsight.ihsmarkit.com](https://autotechinsight.ihsmarkit.com/news/5247476/novares-completes-acquisition-of-20-equity-stake-in-apag), 2018-11-20: "APAG will use the proceeds from the strategic investment to boost innovation and finance capacity expansion"

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