The Danish grain and seed firm Cimbria has been sold by the British equity fund Silverfleet Capital to AGCO, the US-based global leader in the design, production and distribution of agricultural machinery.
The deal, which is expected to be worth around 2.3 billion kroner, means that Cimbria will get its fourth owner in just ten years.
“Thanks to Silverfleet’s financial support and strategic insight, as well as to our world-class employees, Cimbria has undergone a rapid transformation over the past few years,” said Søren Overgaard, the CEO of Cimbria.
“We are well placed to continue growing our market share under our new owners, …read more
Source: The Copenhagen Post
