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Completed
Synopsis
VE Partners, a private equity firm, completed the acquisition of EQIN, a professional equipment rental business, from Stork, a Dutch manufacturing and service providing company. Financial terms were not disclosed. "The intended sale is a positive step for both Stork and EQIN. It will allow both companies to focus on their core businesses while continuing to collaborate and work together to serve our mutual clients, and at the same time, providing Stork with greater operational efficiency going forward,” Taco de Haan, Stork President.
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