Brookfield to Acquire Fosber for $900 Million

Reuters12-01
<a href="https://laohu8.com/S/BN">Brookfield</a> to Acquire Fosber for $900 Million

Brookfield, through its private equity strategy, has agreed to acquire Fosber, a global leader in the design and production of advanced machinery, parts, and services for the corrugated packaging industry. The deal values Fosber, which is being carved out from Guangdong Dongfang Precision, at approximately $900 million. Brookfield plans to fund the acquisition with about $480 million in equity, including an expected $170 million investment from its affiliate Brookfield Business Partners. Founded in 1978 and headquartered in Lucca, Italy, Fosber operates in Italy, the U.S., and China, and is known for its innovation in high-speed corrugating machinery and aftersales services. The transaction is expected to close in 2026.

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