American Industrial Partners to Buy KMT Group

Nordstjernan said Friday that it has agreed to sell KMT Group to American Industrial Partners. The sale is valued at $147.5 million which Nordstjernan says represents a 6.4x multiple of adjusted 2012 EBITDA. Baxter Springs, Kansas-based KMT makes and designs ultrahigh-pressure pump technology.

16 August 2013•2 mins read
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