Fusheng Industrial acquires German air compressor maker ALMiG Kompressoren

China's Fusheng Industrial, backed by Oaktree Capital, acquired German industrial air compressor maker ALMiG Kompressoren, with ALMiG management reinvesting in the merged group. The deal expands Fusheng's presence in Europe.

“Oaktree Capital Management-backed Fusheng Industrial, Greater China's biggest maker of industrial air compressors, has acquired its German rival ALMiG Kompressoren.”avcj.com

• 1 source
• avcj.comOaktree-backed Fusheng buys German air compressor maker | AVCJNov 8, 2023

Summarized from public sources; check the original articles before acting on it.