ChrysCapital completed the acquisition of a minority stake in GMM Pfaudler from Deutsche Beteiligungs.

ChrysCapital, a private equity firm, completed the acquisition of a minority stake in GMM Pfaudler, an Indian manufacturer of engineering equipment and glass-lined equipment, from Deutsche Beteiligungs, a public investment firm specializing in management buyout and late stage transactions of middle market companies. Financial terms were not disclosed. “I want to express my gratitude to DBAG for their support and guidance over the years. The end of one journey also marks the beginning of another exciting journey for GMM Pfaudler. The investment by a marquee investor like ChrysCapital represents a powerful endorsement of GMM Pfaudler’s track record and our commitment to building a world class institution,” Tarak Patel, GMM Pfaudler Managing Director.