HQ Equita acquires majority stake in WOLF Verpackungsmaschinen

HQ Equita has acquired a majority stake in WOLF Verpackungsmaschinen GmbH, a manufacturer of vertical form fill seal packaging machines. The transaction closed on 6 November 2019. WOLF will join FAWEMA and HDG under The Packaging Group platform.

“We have found an ideal partner for the company in HQ Equita, to successfully implement the next phase of expansion and internationalisation.”nexx-capital.com

• 3 sources
• nexx-capital.comInvestmentsDaniela DiehlNov 18, 2019
• alantra.comAlantra advises HQ Equita on the acquisition of Wolf Verpackungsmaschinen | AlantraNov 19, 2019
• world-grain.comHQ Equita expands packaging offerings with acquisition | 2019-12-18 | World GrainSusan ReidyDec 18, 2019

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