# Genesis Capital acquires majority stake in GAF

Genesis Private Equity Fund IV (GPEF IV), from the private equity group Genesis Capital, acquired a majority stake in GAF, a Czech manufacturer of specialized metal products. The founder Luděk Fofoňka retains a significant stake.

- Type: Acquisition
- Announced: 2024-03-26
- Where: Czechia
- Status: completed
- Products: specialized metal products, steel, stainless steel, aluminium
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [GAF](https://endata.com/companies/25231.md) (target)
- [Genesis Private Equity Fund IV](https://endata.com/companies/67889.md) (acquirer)

## Sources

- [mondaq.com](https://www.mondaq.com/pressrelease/135428/kinstellar-advises-genesis-capital-on-the-acquisition-of-a-majority-stake-in-gaf), 2024-03-26: "Kinstellar’s Prague office has successfully advised Genesis Private Equity Fund IV (GPEF IV), from the established private equity group Genesis Capital, on the acquisition of a majority stake in GAF, a Czech manufacturer of specialised metal products."

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