Brookfield, through its private equity strategy, has agreed to acquire Fosber, specialized in the design and production of advanced machinery, parts, and services for the corrugated packaging industry. The deal, a carve-out from Guangdong Dongfang Precision, values the business at approximately $900 million. Brookfield's investment through its Brookfield Capital Partners strategy is being funded with approximately $480 million of equity, of which its affiliate Brookfield Business Partners is expected to invest approximately $170 million.
Headquartered in Lucca, Italy, Fosber designs and manufactures high-speed corrugating machinery and provides vital aftersales parts, maintenance and digital monitoring solutions to box manufacturers worldwide.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.