Astorg Mid‑Cap Acquires 40% Stake in ARMOR‑IIMAK

ARMOR USA Acquires Industrial Segment of International Imaging Materials (IIMAK) from ACON Investments

October 4, 2021

Packaging

ARMOR USA, Inc. has acquired the industrial segment of International Imaging Materials, Inc. (IIMAK) from ACON Investments; financial terms were not disclosed. ACON will retain ownership of IIMAK's medical contract manufacturing business (iiMED Medical Solutions), while ARMOR expands its thermal transfer ribbon and printing consumables footprint.

Astorg Mid-Cap Acquires Majority Stake in Redslim

November 7, 2024

Data & Analytics

Astorg Mid-Cap (Astorg) has signed a binding agreement to acquire a majority stake in Redslim from its founders, who will reinvest significantly. The investment will support Redslim's international expansion, accelerate R&D and platform investments, and scale commercial and service teams to serve CPG and consumer healthcare clients.

Astorg Mid‑Cap Acquires Majority Stake in hg medical

May 5, 2023

Medical Devices

Astorg Mid‑Cap, the German arm of pan‑European private equity firm Astorg, has signed an agreement to acquire a majority stake in hg medical from NORD Holding. The transaction — terms undisclosed — will support management succession (COO Craig Bluett to become CEO, founder Johannes Hagenmeyer to move to an advisory role) and fund organic growth, capacity expansion and external M&A to scale hg medical's orthopaedic implant contract‑manufacturing platform across extremities and spine.

Astorg to Acquire Majority Stake in Lebronze alloys

October 8, 2024

Manufacturing

Astorg has entered exclusive negotiations to acquire a majority stake in Lebronze alloys, a France-headquartered global leader in high-performance copper and nickel alloys. The investment would see Lebronze's Executive Chairman Michel Dumont remain a significant shareholder while Astorg supports growth initiatives including geographic expansion (notably the U.S. and India) and downstream service-center rollouts; financial terms were not disclosed.

Astorg Acquires Majority Stake in Steliau

February 26, 2024

Industrial Services

Astorg, a European private equity firm, has signed an agreement to acquire a majority stake in Steliau, a pan-European value-added distributor (VAD) of electronic solutions, from B&Capital. Steliau, founded in 1992 and headquartered in Montrouge, France, employs more than 200 people across eight countries and will partner with Astorg to accelerate organic growth and execute a buy-and-build strategy.

Astorg Mid‑Cap Acquires 51% Stake in Sofico

November 21, 2023

Software

Astorg Mid‑Cap will invest a 51% stake in Sofico in partnership with Sofico founders Gémar Hompes and Piet Maes and existing investor Apheon, with the founders and Apheon significantly reinvesting and remaining involved. Sofico, headquartered in Ghent, is a leading software provider for the automotive leasing and mobility industry, employs over 500 experts, serves major global leasing customers, and will use the partnership to accelerate product development, services expansion and M&A; financial terms were not disclosed and the deal is expected to close in Q1 2024.