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Deutsche Beteiligungs AG (DBAG) agreed to sell its stake in ProXES Group to funds advised by Capvis Equity Partners AG. The transaction is subject to antitrust approval and expected to close within three months.
Capvis agreed to acquire a majority stake in ProXES Group, a global leader in process technology for the food industry, from Deutsche Beteiligungs AG. ProXES unites four process technology suppliers and employs over 500 people.