The longstanding German company Masa GmbH in Andernach, an international leader in the production of machines and equipment for the concrete block industry, will in future be majority-owned by the industry participation fund CGS III (Jersey) L.P. (CGS). However, the previous majority shareholder will continue to have a share in Masa GmbH via a newly founded intermediate holding company, Masa Industriebeteiligungen GmbH. Since the end of 2013, CGS is the majority owner of the Top-Werk Group, which operates in the same segment with the brands HESS, Prinzing-Pfeiffer and SR Schindler. The activities of both groups will continue to be managed separately under CGS until further notice.