Unitas Capital to Buy Hyva from PE Firm 3i Group

Private equity firm Unitas Capital will pay an undisclosed amount for Dutch pump maker Hyva, providing an exit for Hyva's current owner, 3i Group, Reuters reported. Though terms of the deal were not released, previous valuations have estimated the deal at roughly $830 million, Reuters said. Hyva makes hydraulic components for industrial machinery, and generates the majority of its sales from China and India. Unitas Capital has offices in Hong Kong, Melbourne, Seoul and Shanghai.

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