Chinese private equity firm AGIC Capital, an European-Asian private equity firm focused on investments in the industrial and medical technology sectors, today announced the sale of Gimatic Srl to Barnes Group Inc. for €370 million (US$433 million) in cash. The price is still subject to closing and post-closing adjustments. The deal is expected to close in the fourth quarter of 2018. Gimatic, headquartered in Roncadelle, Italy, is a global solution supplier for industrial automation and robotic applications in various end …

Chinese PE Firm AGIC Sells Italian Industrial Automation Firm Gimatic For $433M appeared first on China Money Network.