EQT Expansion Capital I provides mezzanine financing for the acquisition of Kühnle, Kopp & Kausch. The company was acquired by funds advised by ECM Equity Capital.
The company manufactures and distributes turbines, blowers, compressors and fans for a wide variety of industrial applications, including power stations, waste incineration plants, energy production (particularly renewable energy), as well as chemical/petrochemical and steel plants. Fans are used especially for ventilation or smoke extraction. The group manufactures its products in Germany, Denmark and the USA with sales and marketing of most of its products on a global basis. The company had approximately 1,300 employees and sales of € 227 million in 2004.