EQT Exits Cimbria, Selling to Axcel
EQT has sold Cimbria to private equity fund Axcel, exiting the company, a maker of equipment for handling and processing of grain and seed, four years after it bought it. Financial terms of the deal were not released. The acquisition is expected to close in August. EQT Opportunity took a majority stake in Cimbria in 2007.
Bycnolan
3 June 2011•2 mins read
