PRINT THIS PAGE Industri Kapital reduces Alfa Laval stake to generate E110m30/10/2003. Source: AltAssets. 
 Industri Kapital, the Swedish-based pan-European buy-out firm, has generated proceeds of around E110m with the reduction of its stake in portfolio company Alfa Laval.
The partial exit should help lift the firm's ongoing fundraising efforts.
IK sold 10 million shares in Alfa on Wednesday at Skr100 each, representing a small discount to the previous day's close. It reduced the firm's shareholding to 17.9 per cent from 26.9 per cent.
Industri Kapital launched its current fund towards the middle of 2002 with a target of E2.5 billion. It announced a first close in October on E500 million.
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