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Partners Group has agreed to acquire Ammeraal Beltech, a global leader in lightweight conveyor belting, from Advent International. The combined enterprise value of the Megadyne and Ammeraal acquisitions is EUR 2 billion.
“Once the acquisitions of Megadyne and Ammeraal have closed later this year, Partners Group would in a next step plan to support a merger of the two companies.”eqs-news.com
Summarized from public sources; check the original articles before acting on it.