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Oaktree-backed Fusheng Industrial buys ALMiG Kompressoren

30 Nov 2012

Fusheng Industrial, a Taiwan-based manufacturer of industrial air compressors backed by Oaktree Capital Management, has acquired German air compressor maker ALMiG Kompressoren GmbH.

The two companies announced the deal on Friday. Financial terms were not disclosed.

Fusheng, which ranks as Greater China’s largest supplier of industrial air compressors, was taken private by Oaktree and the founding Lee family in 2008 for a reported deal value of about $850m.

ALMiG specialises in energy-efficient and oil-free industrial air compressors.

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