AG Capital completed a majority stake in Weber Burstensysteme, Weber Cleaning Parts, and JPU Reinigungsprodukte.

AG Capital, a discretionary global macro hedge fund, agreed to acquire a minority stake in Weber Burstensysteme, a developer and manufacturer of technical brush systems, Weber Cleaning Parts, a company that specializes in providing high-quality wear parts for cleaning equipment, and JPU Reinigungsprodukte, specializing in providing a wide range of pads for various machine types and models. Financial terms were not disclosed. “This decision was not easy for us and is the result of a very careful process spanning over two years. After more than a century in family hands, it was important for us to find a succession solution that guarantees stability and future viability – while simultaneously preserving the values ​​of our company,” Stefanie and Ulrich Menken, Weber Cleaning Technologies Managing Directors and Co-owners.