As well as the required approval from the German Federal Cartel Authority, all of the additional closing conditions for its acquisition have now been fulfilled. The AEQUITA family office will actively support the growth strategy of this automotive supplier seated in Haldensleben, Saxony-Anhalt, and thus further strengthen the market position of this drive shaft and joint specialist.

The completion of the IFA Group’s acquisition also marks the end of Dr. Arno Haselhorst’s term of office. The founder and owner of the management consulting firm Haselhorst Associates has successfully assisted with the process of the IFA Group’s transformation in his capacity as its CEO and CRO. “I am delighted that we have been able to secure the future of the IFA Group. We have made substantial progress through the transformation process over the past few years. This will enable the company to continue to pursue its current growth strategy under new ownership. I would like to thank all of the IFA Group’s employees, customers and business partners for their close support during this intense period. With AEQUITA as its new owner, the IFA Group will further strengthen its market position,” says Dr. Arno Haselhorst.

The automotive supplier’s new CEO is Robert Roiger, a highly experienced managing director of technology-driven businesses with a particular focus on the automotive supplier industry. Jan C. Maser (CFO) and Stefan Bultmann (COO) are further additions to the management team.