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EURO-DIESEL SA / 3I GROUP PLC / GLIDE BUY OUT PARTNERS / Acquisition / Private / £49m

Financials

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Sources

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Private

Machinery: Industrial

Friendly

diesel engines

Acquisition

standby generating sets

manufacturing

Private Equity

Belgium

Single Bidder

Synopsis

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3i Group's, the listed UK private equity and venture capital firm, EUR68m acquisition of an undisclosed majority stake in Euro-Diesel, the Belgian supplier of diesel rotary uninterruptible power supply systems and generator-sets, from Buy Out Fund, the Belgian private equity and venture capital firm.

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