Wesel, Germany, 3 December 2019 –  Clyde Bergemann Power Group (CBPG), a globally operating developer of components and systems for the optimization of processes in power and energy plants has sold its paper & pulp segment to Wynnchurch Capital, a US-based private equity firm with a focus on small and mid-sized businesses. The parties have agreed to not disclose any details about the transaction, which marks a milestone for CBPG’s strategy – to focus increasingly on the core business in the power industry. The funds from the sale are to be used primarily for important future investments.

 

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