AXA Private Equity, the leading European diversified private equity firm, today announces that it is selling its stake in the transport packaging company KTP Kunststoff Palettentechnik (KTP) to Andreas Wintrich and a new investor. AXA Private Equity acquired a majority stake in the company, which is headquartered in Bous, in 2006. Sales have since almost doubled, despite the economic downturn. As a result of the sale, minority shareholder Andreas Wintrich will again become the majority shareholder.

KTP develops and produces reusable transport packaging, including containers, pallets and carrier systems. KTP also offers tailored packaging solutions to its customers. The products are superior to steel rack boxes in terms of their weight and volume reduction. Customers include well-known companies in the automotive, solar, pharmaceuticals and engineering sectors.

“AXA Private Equity’s network, capital and expertise have helped KTP to build the foundations for further development,” said Andreas Wintrich, Managing Partner at KTP. “We are confident that our company has further growth potential and look forward to continuing with the new investor along the route we took with AXA Private Equity.”

Dirk Wittneben, Managing Director at AXA Private Equity, Germany, added, “The success of KTP demonstrates how we always look to support and guide companies on their growth path. We have helped KTP build on its strong position as a niche provider through product innovation and operational improvement.”

About AXA Private Equity

AXA Private Equity is a leading private equity firm with US$28 billion in managed assets and a global reach extending across Europe, North America and Asia. The firm offers investors the full spectrum of private equity services for every market segment: direct funds, infrastructure financing, mid cap and small cap buyouts, venture capital, co-investments, fund of funds as well as mezzanine financing.

With offices in Paris, Frankfurt, London, New York, Singapore, Milan, Zurich and Vienna, AXA Private Equity supports the development and long-term growth of its portfolio companies with sustainable growth strategies and by granting them access to the AXA international network. AXA Private Equity has earned the trust of its investors by regularly supplying them with transparent performance data on its funds and portfolio companies.

AXA Private Equity, Global Investments the European way
www.axaprivateequity.com 

About KTP Kunststoff Palettentechnik

As an innovative family-run company with more than 90 employees, KTP has specialised in manufacturing and developing reusable plastic transport packaging since 1988, and is one of the leading manufacturers of containers of this kind in Germany. The company is based in Bous in Saarland.

With high quality standards, extensive expertise and an ear for the special requirements of its customers, the company develops and manufactures reusable plastic transport containers and inlays for large-volume and sensitive goods as well as plastic pallets and containers in all standard European, US and shipping container sizes for overseas transport.
Creative ideas and continuous innovation processes in collaboration with users permanently give rise to new products or beneficial product improvements, enabling improved handling, cost savings and process optimisation for customers.

Further information about KTP is available online at www.ktp-online.de 

Parties Involved

AXA Private Equity: Dirk Wittneben, Marc Abadir
M&A - Blue Corporate Finance AG: Dr. Lars Veit, Dr. Konstantin Schönborn
Legal – SJBerwin LLP: Dr. Christoph Brenner, Stefan Sebastiani

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AXA Private Equity