Afinum invests in Movecat strengthening LIFTKET’s footprint in the growing field of stage technology
Movecat GmbH, Nufringen, (www.movecat.de) is one of the world’s most successful suppliers of stage kinetics and a long-term customer of Afinum portfolio company LIFTKET. Movecat’s kinetic equipment, such as chain hoists, winches, drives, controllers, cable systems and custom solutions, is synonymous with maximum safety and
functionality “Made in Germany”. The reorganization among the shareholders lays the foundation for further growth of the company. Focus will be given to the development of innovative products and the expansion of production and sales at the headquarters in Nufringen.
After the acquisition of ChainMaster Bühnentechnik GmbH in summer 2018, LIFTKET and Movecat now plan to further grow the attractive entertainment segment. With combined competencies, the group will continue to develop and manufacture hoists for precise and safe positioning of lighting and sound equipment as well as other loads.
LIFTKET Hoffmann GmbH is a platform investment of Afinum Siebte Beteiligungsgesellschaft mbH & Co. KG. LIFTKET, a leading manufacturer of electric chain hoists, was acquired by Afinum in late 2016 as part of a succession plan. Employing more than 260 employees in Wurzen the company manufactures high quality, customised
hoists for industrial, custom and stage applications.