Apollo Funds to Transition MAFTEC Ownership to Advantage Partners
Apollo, a renowned alternative asset manager, has made headlines with its announcement regarding its partnership with MAFTEC Group Co., Ltd. This strategic move signifies the transfer of MAFTEC to Advantage Partners, a development that the investment community has been keenly following.
What is MAFTEC?
Founded from the division of Mitsubishi Chemical’s Thermal and Emission Control Materials business, MAFTEC has carved a niche for itself in the ultra-high temperature heat insulating solutions sector. This sector serves an essential role within various industries, including automotive and industrial markets. Apollo's journey with MAFTEC began when it acquired the company in early 2022, and since then, Apollo has strategically positioned MAFTEC to thrive independently.
Strengthening MAFTEC's Market Position
The Apollo Funds have been instrumental in supporting MAFTEC’s growth. Through a collaborative approach, Apollo provided essential insights that facilitated the design and launch of the MAFTEC™ product suite. This suite has not only anchored MAFTEC’s presence in the market but has also significantly contributed to its EBITDA growth over a substantial period.
Leadership Insights
Tetsuji Okamoto, Lead Partner at Apollo, expressed pride in the supportive role his team has played during MAFTEC's evolution. He highlighted MAFTEC's innovation in material processing technology, which has empowered the company to create advanced products and achieve considerable profitability in a competitive global arena. With optimism, Okamoto believes MAFTEC is poised for continued growth and success in its future endeavors.
Statements from MAFTEC's Leadership
Kosuke Matsuzaki, Representative Director and CEO of MAFTEC, expressed gratitude for Apollo's mentorship, recognizing their expertise as crucial in successfully executing the company's separation from Mitsubishi Chemical. Matsuzaki is excited about the collaboration with Advantage Partners, aiming to further MAFTEC's business objectives while enhancing service offerings for customers, employees, and investors alike.
Apollo's Strategic Investments
The transaction involving MAFTEC underlines Apollo’s reputation as a trusted strategic partner for Japan's leading conglomerates. Apart from MAFTEC, Apollo’s portfolio in the region also includes notable investments in Panasonic Automotive Systems and Altemira, the holding company associated with Resonac and Mitsubishi Materials’ aluminum beverage can operations.
Future Prospects
This transaction is anticipated to close in the latter part of 2025, once the necessary closing conditions are fulfilled. As the investment community watches closely, MAFTEC is expected to leverage its new partnership to foster innovation and maintain its leadership in heat insulating solutions.
About Apollo
Apollo operates as a significant player in the field of alternative asset management, with a strategic focus on delivering exceptional returns across various investment classes, from investment-grade credit to private equity. With over three decades of expertise, Apollo is committed to fulfilling its clients' financial needs while providing businesses with innovative capital solutions for their growth. As of mid-2025, Apollo manages approximately $785 billion in assets, reflecting its strong reputation and robust investment strategies.
Contact Information
For further inquiries, you can reach out to:
Noah Gunn
Global Head of Investor Relations
Apollo Global Management, Inc.
(212) 822-0540
IR@apollo.com
Joanna Rose
Global Head of Corporate Communications
Apollo Global Management, Inc.
(212) 822-0491
Communications@apollo.com
Frequently Asked Questions
What is the purpose of the agreement between Apollo Funds and Advantage Partners?
The agreement is aimed at transitioning ownership of MAFTEC to Advantage Partners, enhancing its market position and growth potential.
How did Apollo Funds contribute to MAFTEC's success?
Apollo Funds supported MAFTEC through strategic guidance and resources, which helped in innovation, product development, and market positioning.
What is MAFTEC's primary industry focus?
MAFTEC specializes in providing ultra-high temperature heat insulating solutions, primarily serving automotive and industrial markets.
When is the transaction expected to close?
The transaction is anticipated to complete in the second half of 2025, pending meeting closing conditions.
Who should be contacted for further information on Apollo?
For inquiries, Noah Gunn and Joanna Rose are available in the Investor Relations and Corporate Communications departments, respectively.
