Advent International, Boston, a private equity group, has acquired Moeller Group, one of Germany’s largest privately owned industrial manufacturers. The value of the acquisition has not been disclosed.
Headquartered in Bonn, Moeller, formerly Kloeckner-Moeller, has approximately 11,000 employees worldwide and generates annual revenues of approximately $1.24 billion from 32 production facilities. Founded in 1899, Moeller distributes products into more than 80 countries around the world
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