Metmin plans exit as Tecpro goes IPO
Indian private equity investor Metmin Investments is planning a partial exit on a five-year investment in Tecpro Systems Ltd., the Indian bulk solids handling company also invested by Avigo Capital, Credit Suisse, Kotak Mahindra Capital and the Macquarie Asia Pacific Co-Investment Fund, which is seeking a domestic IPO.
Tecpro specializes in conveyer belts, elevators, crushers and other heavy machinery used to transport materials in the mining, power, commodities and industrials spaces. The company first planned to list...
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