Advent to buy Ammeraal Beltech

Advent International said Tuesday it has agreed to buy Ammeraal Beltech from Gamma Holding, a holding company owned by Gilde Buy Out Partners and Parcom Capital Management. Financial terms weren’t announced. Ammeraal Beltech, of the Netherlands, makes, distributes and services conveyor belts for use in light industries, including food processing, automotive, logistics and textiles. William Blair advised Gamma while Jefferies provided financial advice to Advent.

DealsNorth AmericaUSBriefs