Atle Industri, which is 50% owned by 3i and Ratos, has sold Nordhydralic, a hydraulic business, to German company Hydac for an undisclosed sum. The deal generates an exit gain of approximately SEK 100m for both Ratos and 3i.
Fund invests in renewable chemistry, regenerative medicine and agri-food across the Netherlands, Belgium and parts of Germany
Company will operate with the GP's existing test and measurement companies in the US and Denmark
Numerous Italian GPs with a generalist approach have reshaped their activity towards the tech sector
GP plans to merge Atlantic with portfolio company Maced, in which it acquired a majority stake last year