ACE Group is a leading supplier of braking systems in Europe, specializing in safety parts (44% of European iron anchors and over 25% of aluminum calipers). The story began in February 2005, when Innova acquired a production plant EBCC (Poland) from its parent company Valfond. A year later Innova bought Fuchosa - Spanish based manufacturer of iron castings. These two operating units become the foundation of ACE Group (created in 2006). After a successful IPO on WSE, ACE conducted a Czech add-on acquisition of Feramo (in 2008), now a CEE expansion platform for Spanish operations.
In November 2007 Innova wins “Deal of the Year Award 2007- Emerging Europe” for its investment in ACE Group, granted by European Private Equity and Venture Capital Association (EVCA) and Real Deals magazine.