Brookfield Buying Industrial Technology Company Fosber for $900 Million

By Robb M. Stewart

Brookfield Asset Management reached a deal to buy Italian manufacturer Fosber for about $900 million, part of its private equity strategy of investing in leading industrial operations headquartered in Europe.

The New York-based asset manager said Monday it agreed to buy Fosber through its private equity strategy, as part of a carve-out of the business from Guangdong Dongfang Precision.

Founded in 1978, Fosber designs and manufactures high-speed corrugating machinery and aftersales parts, maintenance and digital monitoring solutions to box manufacturers worldwide. The company has operations across Italy, the U.S. and China.

The investment through Brookfield Capital Partners is being funded with about $480 million of equity, of which Brookfield Business Partners is expected to invest roughly $170 million.

The transaction is subject to regulatory approvals and is expected to close in 2026.

Write to Robb M. Stewart at [e-mail]

(END) Dow Jones Newswires

12-01-25 0731ET