British engineering company Rolls-Royce has agreed to divest ITP Aero, a Spanish aero engine and gas turbine manufacturer, to a consortium of investors led by Bain Capital Private Equity for nearly €1.7 billion. Apart from Bain Capital, the consortium includes interests to be held by Spanish co-investors JB Capital and SAPA. ITP Aero is an […]
Packaging acquisition news : Private equity firm Bain Capital Private Equity through its subsidiary Fedrigoni, a specialty papers manufacturer and self-adhesive labels has agreed to acquire Italian paper mill Gruppo Cordenons for an undisclosed price. Gruppo Cordenons manufactures high-end specialty papers for luxury packaging and premium publishing applications. The Italian paper mill, which is into […]