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Brookfield agreed to acquire Fosber, an Italy-based supplier of corrugating machinery to the packaging industry, for approximately $900 million. The carve-out from Guangdong Dongfang Precision is expected to close in 2026.
Brookfield reached an agreement with DongFang Precision to acquire the shareholdings in Fosber Group, the Italian corrugated machinery maker, including Fosber Italia, Fosber America, Fosber Asia, Tiruña and Quantum Corrugated. Completion is expected in the first half of 2026.