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.
Danish venture capital firm exits the business after having invested in it in 2016
Restructuring agreement will reduce the company's current debt, amounting to €575m, to €242m
Former partner at IBM Ventures Christoph Auer-Welsbach joins Kaizo as a co-founder
GP has taken a significant minority stake in the Germany-based data privacy software provider