Carlyle completed the acquisition of a majority stake in Ocmis.

Carlyle Group, a private equity firm, completed the acquisition of a majority stake in Ocmis, an agricultural equipment manufacturer. Financial terms were not disclosed. “I am proud of our growth and believe that Ocmis Group has a bright future in this industry, especially with the commitment and professionalism of our employees, which has been so key to our success to date. We believe Carlyle is the perfect partner given its global presence, deep understanding of our sector, its extensive experience in supporting growth companies such as ours on international expansion, and the values it shares with us on corporate responsibility and sustainability. We are excited by the prospect of working together to professionalise our approach in these areas, to further improve our operations and production footprint, and to unlock more growth through acquisitions. In doing so, Ocmis can capture a greater share of the global market by creating a truly integrated and diversified irrigation platform," Adriano Montorsi, Ocmis Founder.