AXA PE secures majority stake in Novotema from 3i
AXA Private Equity has acquired a stake of 82.4% in Novotema Group, one of Europe’s leading rubber component manufacturers, from 3i. Novotema’s management team also invested, acquiring the remaining 17.6% of the business. Novotema is headquartered in Villongo, situated 60 km northeast of Milan. The company designs and produces rubber

