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Press 2019
Industrial Supplier Clyde Bergemann to Sell Successfully Pulp & Paper Segment While Focusing on Core Business of Emission Reduction for the Power Industry
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 agreed to sell its paper & pulp segment on November 27, 2019, 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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