DBAG sells Romaco Group to Chinese strategic
German PE firm Deutsche Beteiligungs AG (DBAG) has agree to sell its entire stake in packaging and processing technology specialist Romaco Group to China-based mechanical engineering company Truking Group.
The GP will initially sell 75.1% of the company for EUR100 million ($109 million). The remaining 24.9% will transfer to the Chinese company over the next three years as part of a measured transition to...
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