One Equity-backed Walterscheid completed the merger with Comer Industries.

One Equity Partners-backed Walterscheid Powertrain Group, a global provider of connected and smart powertrain solutions, completed the merger with Comer Industries, a designer and manufacturer of advanced engineering systems and solutions for power transmissions. Comer Industries will own 100% of Walterscheid. Financial terms were not disclosed. The operation is unique in the international scene and creates the first global player in the field of mechanics applied to the agriculture sector.