Announced
Synopsis
TowerBrook Capital Partners, a private equity firm, to acquire rail division of Consolis, an industrial group, for $245. “I believe this transaction would be a ‘win-win-win’ for our customers, co-workers and partners. The underlying industrial logic is to focus resources and talent to create substantial value for all stakeholders. Consolis will strengthen its focus on building solutions across Europe, along our side solutions for drainage and utilities, while the Rail division will be able to develop even further on its own merits," Mikael Stöhr, Consolis Chief Executive Officer.
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