# KAEFER partners with SMS group and Altor as new shareholders

KAEFER SE & Co. KG entered into a partnership with SMS group and Altor Fund V, who together will acquire a 50% stake in KAEFER, with the existing family retaining the other 50%. The investment agreement was signed on 8 December 2021.

- Type: Partnership
- Announced: 2021-12-08
- Where: Bremen, Germany
- Status: announced
- Products: asset integrity services, industrial services
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [KAEFER](https://endata.com/companies/13138.md)
- [KAEFER SE & Co. KG](https://endata.com/companies/59617.md)
- [SMS group](https://endata.com/companies/2366.md) (investor)
- [Altor Fund V](https://endata.com/companies/59618.md) (investor)

## Sources

- [kaefer.com](https://kaefer.com/kaefer-stories/kaefer-enters-new-partnership/), 2021-12-10: "KAEFER will enter into a partnership with the Germany based SMS group and the European PE-fund Altor Fund V domiciled in Sweden, who, together, will become a 50% shareholder in KAEFER"
- [kaefer.com](https://kaefer.com/blog/kaefer-enters-new-partnership/), 2021-12-10: "We are delighted to announce that KAEFER will enter into a partnership with the Germany based SMS group and the European PE-fund Altor Fund V."

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