Announced
Financials
Tags
Finland
Majority
Machinery: Industrial
Acquisition
Friendly
Cross Border
heavy equipment
Single Bidder
Private
Private Equity
Pending
Synopsis
One Equity Partners, a private equity firm, agreed to acquire Fortaco Group, a brand-independent strategic partner to the heavy off-highway equipment and marine industries, from CapMan Buyout, a private assets manager and investor. Financial terms were not disclosed. “We look forward to partnering with Fortaco CEO Lars Hellberg and his team, applying our industrial sector expertise to support Fortaco in broadening and deepening its offerings in current markets and expanding into new end markets where we believe the Company is well-positioned for success,” said Johann-Melchior von Peter, Senior Managing Director at One Equity Partners. “We see ample opportunity for Fortaco to leverage its global manufacturing and sourcing footprint and extend its value to clients by helping them improve their operational efficiency,” Marc Lindhorst, One Equity Partners Principal.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.