Januray 16 2023
PINOVA Capital invests in VTI Ventil Technik GmbH
Funds advised by PINOVA Capital GmbH (“PINOVA”) together with NRW.BANK, acquired the shares in VTI Ventil Technik GmbH (“VTI”) from Dutch Aalberts N.V. (“Aalberts”), an AMX-listed industrial technology company.
Headquartered in Menden, Germany, VTI is a globally leading manufacturer of valves and regulators in the high-pressure segment. Complying with highest certification standards, VTI is one of the few suppliers worldwide that offers deep application expertise in mission-critical environments with the ability to tailor specific customer needs. Over the past years, VTI developed new state-of-the-art products and continued to expand its geographical footprint.
“We are very pleased to have found in PINOVA an experienced partner that fully supports our ambitious growth plans within and outside Europe” emphasizes Lutz Lohmann, managing director of VTI, who will invest together with his management team alongside PINOVA.
Martin Olbort, partner at PINOVA, highlights: “On the back of the carve-out, together with Mr. Lohmann and his team, we will further accelerate VIT’s growth path in new regions and application areas.“
Founded in 1853, VTI is a globally operating company in high-pressure valve technology based in Menden, Germany with currently ~130 employees. VTI develops and produces high pressure valves and regulators to control various gases in order to ultimately protect and save lives. VTI is characterized by best-in-class quality and offers custom made solutions for most challenging applications in the field of breathing protection, fire control, alternative fuels, medical and technical gases. For more information, please visit: vti.de
About PINOVA Capital
PINOVA Capital is an independent private equity firm investing in high-growth technology companies in German-speaking regions. PINOVA Capital focuses on “Mittelstand” companies with sales between €10 million and €75 million in the sectors industrial technology and information technology, characterized by significant growth potential, sustainable competitive advantages, and a strong market position in their niche. For more information, please visit: pinovacapital.com
In its capacity as the promotional bank of North Rhine-Westphalia, NRW.BANK support the federal state in the completion of its structural and economic policy tasks. The bank acts on behalf of the public sector in a competition-neutral manner and uses a wide range of promotional tools – from low-interest promotion loans to equity financing to advisory services. For more information, please visit: nrwbank.de
About Aalberts N.V.
Headquartered in Utrecht, Netherlands, Aalberts N.V. is a stock listed, technology driven company with an annual turnover exceeding €2.9bn and more than 14,000 employees worldwide. For more information, please visit: aalberts.com