Datwyler has signed a contract to acquire QSR, a US supplier of silicone seals and components for electrical connectors, from Q Holding and its private equity owner 3i. Closing is expected in Q2 2022.
Private equity investor 3i has agreed to back Dutch food and drink container brand Mepal as it looks to grow the business across Europe. No deal value was disclosed in the article.
Inflexion has agreed to acquire Aspen Pumps, a specialist condensate pump manufacturer, from 3i Group in a deal announced in December 2019. Aspen has over 200 employees and exports to more than 100 countries.
3i agreed to sell its investment in Aspen Pumps, a global condensate removal pump maker, to Inflexion Private Equity for proceeds of about GBP 208 million. The announcement was made on December 18, 2019.