Announced
Financials
Tags
agriculture equipment
Machinery: Specialty
Acquisition
food products machinery
Private
Netherlands
Majority
Private Equity
Synopsis
Nordian Capital Partners, a private equity firm, acquired a majority stake in Dutch TecSource, a leading international provider of specialized machines and solutions for the food processing industry. Financial terms were not disclosed. CEO of DTS, Marcel van de Pol: "Over the last years we’ve grown the business into a wider range of segments, whilst maintaining our focus on auger technologies. Now is the moment to expand that approach more internationally and to a next level. With Nordian the basis is formed for further growth in new markets and segments.”
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