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Ardian, a global private investment firm, has acquired a majority stake in LIFTKET Hoffmann Group, a manufacturer of electric chain hoists. The management team led by CEO Jürgen Dlugi will take a substantial stake, and Afinum will remain a minority shareholder.
LIFTKET Hoffmann GmbH acquired all shares of ChainMaster Bühnentechnik GmbH, a specialist in automated hoisting technology for event and stage technology. ChainMaster will continue as an independent brand.