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One Equity Partners to buy Walterscheid Powertrain Group

Middle market private equity firm One Equity Partners has signed a definitive agreement to acquire Walterscheid Powertrain Group, PE Hub reported. Financial terms of the transaction were not announced. The seller is GKN Ltd. Lohmar, Germany-based Walterscheid Powertrain Group is a provider of original equipment and aftermarket parts and services for off-highway powertrain applications.

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PE Deals,Private Equity Deals, Private Equity