Deal Details
Cimbria Is Acquired by AGCO
Summary
Silverfleet Capital recently announced the sale of its portfolio company, Cimbria Holdings Limited (“Cimbria” or the “Company”), to AGCO, (NYSE:AGCO).
Baird served as the exclusive financial advisor to Silverfleet Capital and Cimbria Holdings Limited on this transaction.
About
Cimbria is a leading manufacturer of products and solutions for the processing, handling and storage of seed and grain. The Company has four production facilities in Denmark, Austria, the Czech Republic and Italy, and employs approximately 900 people globally. Cimbria’s products include equipment for cleaning, drying and storing grain and seed, as well as conveyors linking equipment in a handling or processing line. Cimbria's products range from standalone equipment pieces to large custom built project installations. The Company has an international customer base and has installed over 60,000 units in over 100 countries. Cimbria is headquartered in Thisted, Denmark.Silverfleet Capital is a leading, independent, European private equity firm with global reach specializing in mid-market buyouts.
AGCO is a global leader in the design, manufacture and distribution of agricultural solutions and supports more productive farming through its full line of equipment and related services. AGCO products are distributed globally through a combination of approximately 3,000 independent dealers and distributors in more than 140 countries. Founded in 1990, AGCO is headquartered in Duluth, Georgia.
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- Date
- September 2016
- Company
- Cimbria Holdings Limited
- Transaction
- M&A - Sellside
- Sectors
- Industrial
- Verticals
-
Machinery & Equipment
- Target Geography
- Europe
- Acquiror Geography
- North America
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