
GERMANY - EQT Partners sells remaining stake in Togum
EQT Partners has sold its remaining 22.3 percent stake Tognum AG to strategic investor Daimler AG.
Friedrichshafen-based Tognum AG is a supplier of high-speed, powerful diesel engines and complete propulsion systems for ships, heavy agricultural and rail vehicles, industrial drive systems and onsite power generators (off-highway applications). Its products include diesel engines, electronics systems, gas engines and turbines, fuel injection systems and drive shafts, as well as onsite power generators based on diesel and gas engines or fuel cells. Tognum sales amounted to more than EUR 2.8bn in 2007. At the end of 2007, the group employed approximately 8,200 people worldwide.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater
Back to Top