Ardenton Capital invests in Shaftec Automotive Components
Canadian private equity firm Ardenton Capital Corp has invested in Shaftec Automotive Components Ltd, a U.K. supplier of remanufactured and new parts to the automotive industry. Terms weren't disclosed. Established in 1995, Birmingham, West Midlands-based Shaftec distributes its products across the United Kingdom and Europe. Allan Dunn, an Ardenton director of strategic development, will work with the company to implement the investor’s operating system and support growth. Ardenton has backed several U.K. businesses, including PP Control and Automation, which secured an investment earlier in 2018.
12 December 2018•3 mins read
