In July 2002, Doughty Hanson acquired a majority stake in A.T.U from its founder.
A.T.U is the leading independent niche vehicle parts and service auto centre in Germany. The company was founded in 1985 and at the time of divestment operated 600 branches in Germany, Austria, the Czech Republic, the Netherlands and Switzerland.
A.T.U’s unique business model is based on the retail sale and fitting of car parts and accessories for all brands of cars. The company operates its own logistics services and supports its branch network through state-of-the-art distribution centres.
In August 2004, Doughty Hanson sold its stake in A.T.U to KKR and subsequently became a minority investor. In February 2010, Doughty Hanson sold its remaining shares in A.T.U to KKR.