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Comer Industries agreed to acquire a majority of Nabtesco's hydraulic equipment unit through a newco it will hold 70% of, for around EUR 85 million. Closing is expected by the end of Q4 2025, subject to approvals.
One Equity Partners agreed to merge its portfolio company Walterscheid Powertrain Group into Italian listed firm Comer Industries, with OEP keeping a significant minority stake in the combined company. Together the two companies generated EUR 792.3 million revenue in 2020.
