# 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.

- Type: Acquisition
- Announced: 2023-11-08
- Where: Germany, Germany
- Jobs: 300
- Status: completed
- Products: industrial air compressors, oil-free air compressors
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Oaktree Capital Management](https://endata.com/companies/2339.md) (investor)
- [Fusheng Industrial](https://endata.com/companies/11204.md) (acquirer)
- [ALMiG Kompressoren](https://endata.com/companies/11205.md) (target)

## Sources

- [avcj.com](https://www.avcj.com/avcj/news/61149/oaktree-backed-fusheng-buys-german-air-compressor-maker), 2023-11-08: "Oaktree Capital Management-backed Fusheng Industrial, Greater China's biggest maker of industrial air compressors, has acquired its German rival ALMiG Kompressoren."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.