Altor increases ownership of Åkers Holding

The Åkers Group is the world´s leading producer of high quality cast and forged rolls for the steel and aluminium industries. Altor acquired Åkers in July 2008. The previous owner, STC Interfinans, retained a minority stake.

Due to the sustained weak state of the steel industry worldwide, Åkers performance has not been up to plan and Altor has decided to make an equity injection of up to 210 MSEK, which has been earlier communicated.

In conjunction with the equity injection Altor has also decided to gain full ownership of Åkers by purchasing all shares and the vendor loan from STC Interfinans.

January 2013 

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