RTTNews | Mar 1, 2021 09:25PM EST

21:24 Monday, March 1, 2021 (RTTNews.com) - EQT said that EQT Private Equity, through the EQT Mid Market US fund, has agreed to sell Dorner to Columbus McKinnon Corp. (CMCO) for an Enterprise Value of $485 million.

Founded in 1966 and headquartered in Hartland, WI, Dorner is a provider of high precision conveyor solutions for high growth and resilient end markets including e-commerce, life sciences, food & beverage, industrial automation, packaging, and CPG.

The transaction is subject to customary conditions and approvals and is expected to close in the second-quarter of 2021.

Read the original article on RTTNews ( https://www.rttnews.com/3173974/eqt-private-equity-to-sell-dorner-to-columbus-mckinnon-for-485-mln.aspx)

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