CFI advised Witte Automotive on the sale of Witte Stromberg to Endurance Capital and AL-KO Kober
Munich – Witte Automotive is an automotive supplier for vehicle access systems. As the core business lies in mechatronic vehicle access systems, Witte Automotive had decided to sell its hinge business, WItte Stromberg. Witte Stromberg manufactures hinges for the automotive industry which are used in vehicle doors, hoods and tailgates
Endurance Capital and AL-KO-Kober SE acquired the hinge business (Witte Stromberg GmbH) from Witte Automotive. Endurance Capital is a corporate holding company specializing in investments in mid-sized companies. AL-KO is an international technology group.
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