# Warburg Pincus sells stake in Duravant to Carlyle Group

Warburg Pincus has agreed to sell a stake in food processing and packaging equipment maker Duravant to Carlyle Group, valuing the company at over $5 billion.

- Type: Acquisition
- Announced: 2021-10-29
- Where: Downers Grove, Illinois, United States
- Value: $5.00B
- Status: announced
- Products: food processing equipment, packaging equipment, material handling automation
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md), [Packaging](https://endata.com/sectors/packaging.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Carlyle Group](https://endata.com/companies/458.md) (acquirer)
- [Warburg Pincus](https://endata.com/companies/609.md) (partner)
- [Duravant](https://endata.com/companies/1604.md) (target)

## Sources

- [bloomberg.com](https://www.bloomberg.com/news/articles/2021-10-29/warburg-carlyle-stake-deal-said-to-value-duravant-at-5-billion), 2021-10-29: "The deal values the Downers Grove, Illinois-based company at more than $5 billion, according to people familiar with the matter."

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