04:37 AM EDT, 06/26/2025 (MT Newswires) -- Apollo Global Management ( APO ) said Thursday that certain funds managed by its affiliates have agreed to sell their stakes in MAFTEC Group to funds managed by Advantage Partners.
MAFTEC provides heat insulating solutions for automotive and industrial markets in Japan, according to the statement.
No financial details were disclosed. Apollo said it expects to close the transaction in the second half of the year.