One Equity Partners to buy Walterscheid Powertrain Group

One Equity Partners said March 6 that it agreed to buy Walterscheid Powertrain Group from GKN Ltd. Financial terms weren’t announced. Walterscheid Powertrain, of Lohmar, Germany, makes, distributes and services shafts, gearboxes, attachment systems, clutches and other parts for off-highway applications.

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