Cologne – PLASTECH Beteiligungs GmbH (Plastech), based in Vienna, has acquired a 74.95 % stake in Kautex Maschinenbau group (Kautex Maschinenbau). As part of the transaction Plastech has acquired the entire shareholding of capiton IV GmbH & Co. Beteiligungs KG (capiton). The management shareholders have sold a portion of their shares to Plastech and will retain a significant investment. The parties have agreed to keep the purchase price confidential. The closing of the transaction is still subject to the approval of antitrust authorities.
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