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Brookfield To Acquire Fosber

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

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.

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