The Düsseldorf based investment firm, Kai Capital Management GmbH & Co. KGaA has acquired a majority stake in ELOTECH Industrieelektronik GmbH retroactively to the 1st of July 2010. ELOTECH, founded in 1994, is headquartered in Hilden, Germany.
ELOTECH develops and produces innovative, flexible high-capacity temperature measuring and controling instruments and multi-zone temperature regulators for machine construction. ELOTECH Industrieelektronik GmbH is specialized in custom made products designed to meet specific customer needs. Currently, ELOTECH focuses its business on the German market.
The company’s founding shareholders will retain their management positions.
Kai Capital Management acquires medium-sized companies, which are in distressed circumstances as well as successor situations. Holdings in which Kai Capital Management acquires a majority stake are managed together with the target company’s existing management according to corporate principles. The focus of the holding is on the middle and long-term success of the company.
Contact:
Kai Capital Management GmbH & Co. KGaA
Neuer Zollhof 2
40221 Düsseldorf
Tel: +49 211 38 54 64 3
Fax: +49 211 38 54 64 59
info@kaicap.de