July 25, 2016
Astorg Acquires Majority Stake in AutoForm
Astorg, one of the most successful independent private equity companies in Europe, has acquired a majority of AutoForm. With its strong focus on European growth-oriented technology companies, Astorg has an impressive track-record in the area of structuring and performing succession arrangements of mid-sized companies similar to AutoForm.
Dr. Waldemar Kubli, CEO of AutoForm Engineering GmbH, stated: “AutoForm is convinced that with Astorg on board, long-term development for the company, its employees as well as its customers and partners is ensured. AutoForm’s strategy, management and goals will remain the same and the company will continue to operate independently in the market, maintaining a strong focus on further growth. AutoForm remains a reliable, long-term partner for sustained customer success.”