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Southeast Asia-focused private equity firm Dymon Asia is acquiring RAM SMAG Lifting Technologies Pte Ltd, the Singapore unit of German lifting equipment maker Salzgitter Maschinenbau Group, for an undisclosed sum.
Southeast Asia-focused private equity firm Dymon Asia is acquiring RAM SMAG Lifting Technologies Pte Ltd, the Singapore-based spreader manufacturer and unit of German lifting equipment maker Salzgitter Maschinenbau Group. The deal is expected to close by end of September 2022; financial terms were not disclosed.