Doughty Hanson has appointed Credit Suisse First Boston (CSFB) and HSBC Trinkhaus & Burkhardt to underwrite the €1.5bn ($1.85bn) flotation of Auto-Teile-Unger (ATU), the car parts supplier, breathing further life into the German IPO market.

The global buy-out firm is preparing to sell ATU less than two years after acquiring a majority stake.