AXA Exits Shipping Container Co. After Turnaround

Law360, New York (December 5, 2011, 1:38 PM EST) -- The buyout arm of French insurer AXA Group is selling German transport packaging company KTP Kunststoff Pallettentechnik GmbH to a minority shareholder and a new investor, making its exit after a successful five-year investment, the seller announced Monday.

AXA Private Equity is cashing in its majority stake in KTP Kunststoff and selling the invigorated company back to its managing partner Andreas Wintrich for an undisclosed sum, Private Equity Wire reported.

“The success of KTP demonstrates how we always look to support and guide companies on their...
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