ATESTEO is a German-based global leader in outsourced automotive testing, with a focus on testing drivetrains for electric and conventional propulsion systems in the lab and on the road. ATESTEO’s services ensure that the vehicles of their customers, including some of the world’s pre-eminent automotive manufacturers and suppliers, are safe, reliable and fit-for-purpose.
ATESTEO differentiates itself through testing technology, engineering expertise, flexibility, and economies of scale. We acquired a majority stake in ATESTEO in October 2013 and achieved a 4.4x return on exit in December 2017.
"The 3i team has been a huge support in helping us to advance our international expansion and expand our footprint into growth markets such as China.” Wolfgang Schmitz, CEO, ATESTEO
This transaction involved a recommendation of 3i Investments plc, advised by 3i Germany.