China's Trustar buys European EV charging specialist
Trustar Capital, formerly known as CITIC Capital Partners, has invested an undisclosed sum in Intramco, a Europe-based manufacturer of components used in electric vehicle (EV) charging.
The private equity firm committed capital from its fourth buyout fund, which closed on $2.8 billion in 2019. Trustar is a relatively frequent participant in deals involving US and European companies where...
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