AGIC Capital, a European-Asian private equity fund focused on investments in high quality industrial and medical companies has acquired a majority stake in Grafotronic AB and its subsidiaries (Grafotronic), a manufacturer of roll-to-roll automated manufacturing solutions, from its current shareholders, for an undisclosed amount.
Established in 2004, Grafotronic develops highly distinctive modular solutions for the digital label finishing and EV battery markets. It has achieved substantial growth over the last five years since focusing on the digital finishing segment, and is building its position into manufacturing technologies for a range of products in the EV battery market in partnerships with major players in the field.