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.
US-based parent company Omnimax International sold the business to the Netherlands-based GP
Fund will target companies with revenues of at least €5m, operating in a wide range of innovative sectors
GP intends to support Sicura by boosting its growth both organically and via strategic acquisitions
WFSC joins a group of existing investors that committed to the round in September 2019