Mergers & Antitrust Law News

BC Partners Nears Investment in $3 Billion Machinery Maker IMA

July 28, 2020, 6:41 PM

BC Partners is nearing an agreement to invest in Italy’s IMA Industria Macchine Automatiche SpA, in what could be one of the country’s biggest private equity deals this year, according to people familiar with the matter.

The buyout firm is in advanced discussions to acquire as much as a 45% stake in IMA, according to the people, who asked not to be identified because the information is private. A deal could be announced as soon as this week, the people said.

IMA has a market value of about 2.6 billion euros ($3 billion) in Milan. The company makes machinery...

To read the full article log in. To learn more about a subscription click here.