3i to sell Hyva in €500m deal

first_img Show Comments ▼ whatsapp whatsapp Share PRIVATE equity firm 3i is preparing to sell hydraulic pump maker Hyva for up to nine times its original investment.The company has appointed Credit Suisse to run the auction for Dutch firm Hyva which is valued at around €500m (£411.3m). 3i bought Hyva for just €125m six years ago, investing €30.7m of equity and raising debt from ABN Amro.The sale is the latest in a series for 3i, which earlier this year sold Nordic health group, Ambea, as well as commodity testing buisness Inspectorate and chemicals firm Panreac. 3i to sell Hyva in €500m deal KCS-content Thursday 9 September 2010 8:40 pm Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Tags: NULLlast_img

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