Teachers Among Second Round PE Bidders of AHT Cooling

Ontario Teachers Pension Plan is among a number of private equity and strategic investors that recently submitted second round bids for AHT Cooling Systems GmbH, an Austrian designer and manufacturer of industrial refrigeration and deep freezing products, reports Reuters. Sources "familiar with the matter" said bids for the company, which is owned by private equity firm Quadriga Capital, exceeded 500 million euros (US$663 million). Other potential buyers include Bridgepoint, EQT and Nordic Capital. Final round bids are due September 20th, one of the sources told Reuters.

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