Inflexion has led the buyout of Astrak Group, a European specialist distributor of parts for construction equipment, with the founding family continuing to be involved with the business.
The investment is being made from the Inflexion Buyout Fund VI, which recently closed at GBP2.5 billion.
Fife-based Astrak was founded in 2003 in Denmark and has grown to become a market leader in undercarriage and wear parts for construction equipment, employing over 100 people across its seven locations across Europe.
Read more: Private Equity Wire
