On 24 March 2017 Advanced Safety Technologies B.V. acquired all issued shares of Alt Technologies Holding B.V. from the sellers Standard Investment and management. The Alt Technologies group is engaged in the business of supplying covers, wraps and seals for airbag systems, as well as labels for the automotive and durable goods industries. BarentsKrans acted as legal counsel to the Smart Industries team of Gimv (Gewestelijke Investeringsmaatschappij voor Vlaanderen), the investment company behind Advanced Safety Technologies B.V.
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