Riello Investmenti has sold C Blade, an Italian manufacturer of turbine blades for power generation, to US trade buyer Sifco Industries.
EQT IX is expected to be 70-75% invested following the deal
Previous fund held a final close in 2012 with capital commitments of USD 840m
MoU marks LBO France's first foray into the Chinese market, with plans to open a local office
ECI bought the asset from Phoenix less than three years ago