Kabra Buys Stake in PE-Backed Gloucester Engineering

Kabra Extrusiontechnik Ltd., a unit of India’s Kolsite Group, has acquired a 15% stake in Gloucester Engineering Co. Kabra will acquire a stake in the company’s equity and debt and provide additional capital resources. Specific terms of the deal were not released. Private equity firm Blue Wolf Capital Partners is the majority owner of Gloucester Engineering.

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