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Thermal Solutions Manufacturing (TSM), a portfolio company of Altus Capital Partners, acquired Alfa Laval Champ, a specialty provider of tubular heat exchangers for marine and industrial markets. The acquisition adds production capacity and engineering support.
St. Paul-based MGC Diagnostics, a manufacturer of breathing and heart rate measurement equipment, agreed to be acquired by Altus Capital Partners for $50.3 million, or $11.03 per share.