# Blackstone to acquire Schenck Process from IK Investment Partners

IK Investment Partners agreed to sell Schenck Process, a global market leader in measuring and process technology, to private equity funds managed by Blackstone. The deal was announced on September 21, 2017.

- Type: Acquisition
- Announced: 2017-09-21
- Where: Darmstadt, Germany, Germany
- Status: announced
- Products: measuring and process technology, weighing, feeding, conveying and filtration equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Schenck Process](https://endata.com/companies/1894.md) (target)
- [Blackstone Group](https://endata.com/companies/2364.md) (acquirer)
- [IK Investment Partners](https://endata.com/companies/6575.md) (partner)

## Sources

- [blackstone.com](https://www.blackstone.com/news/press/ik-investment-partners-to-sell-schenck-process-to-blackstone/), 2017-09-21: "IK Investment Partners has reached an agreement with private equity funds managed by Blackstone to sell Schenck Process."

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