PRINT THIS PAGE Electra Partners Europe acquires German Thyssen Krupp Fahrzeugguss09/12/2004. Source: AltAssets. 
 European private equity firm Electra Partners Europe has bought Thyssen Krupp Fahrzeugguss, a German supplier to the automotive industry, for €155m.
TKFG supplies safety-critical and high-specification aluminium parts to major global customers including Volkswagen, DaimlerChrysler, BMW, Ford and Porsche.
Electra director Michael Boltz said: 'This investment plays to our strengths, both geographically and in the industrial sector, and we are looking forward to working with the management to realise the full business potential of TKFG.'
Electra Partners Europe invests in mid-market transactions up to €400m enterprise value, predominantly in the UK and Germany. It is expected to launch formally a new fund in the coming months.
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