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Carlyle to acquire AutoForm from Astorg
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Astorg has offices in London, Paris, New York, Frankfurt, Milan and Luxembourg
Global Investment firm Carlyle (NASDAQ: CG) today announced that it has agreed to acquire AutoForm AG (“AutoForm”), the global leader in engineering software for sheet metal forming simulation, primarily used in the automotive industry, from global private equity firm Astorg. Details of the transaction, which is subject to regulatory approvals, are not being disclosed.
Founded in 1995 and headquartered in Pfäffikon, Switzerland, AutoForm provides software solutions for sheet metal forming simulation and Body in White (BiW) assembly simulation, mainly for the automotive industry. With its innovations for rapid and reliable validation of the BiW design, engineering,...
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