AUCTUS is one of the most active Germany-based private equity firms with over 300 successful investments since 2001 and over 750 MEUR assets under management. With the acquisition of Kentek, AUCTUS' Buy&Build platform "Industrial Aftermarket Group" continues its growth by expanding into a new strategic aftermarket segment and extending its geographical presence.

Carner Corporate Finance advised Diploma PLC throughout the international auction process. Diploma PLC is an UK-listed international group of businesses supplying specialized technical products and services. The transaction continues Carner’s unmatched record of advising market-leading companies in Business Service sector.

Steve Sargeant, Corporate Development Director of Diploma PLC, comments: “The disposal of Kentek was an important part of Diploma’s portfolio management goals, and Carner has been instrumental in the success of this disposal, leading the process from start to finish and providing excellent technical assistance. We would like to thank Carner, led by Anssi Sampo, for their hard work, guidance and patience during this process.”