Deals
Capvis Sells German Switchmaker Bartec to Charterhouse
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Capvis Equity Partners AG agreed to sell Bartec Holding GmbH, the German maker of explosion-resistant switching and signaling gear, to Charterhouse Capital Partners LLP of Britain.
Charterhouse bought the company for an undisclosed amount, according to a statement from Bartec. The transaction may value the company at more than 600 million euros ($737 million), said a person familiar with the process, who asked not to be identified because talks were confidential.