WASHINGTON, Dec. 3 -- Brookfield, New York, operating through its private equity strategy, announced an agreement to acquire Fosber, Lucca, Italy, a globally recognized leader in providing advanced machinery, parts, and services for the corrugated packaging industry. The transaction involves a carve-out from Guangdong Dongfang Precision, valuing Fosber at approximately $900 million.

Founded in 1978, Fosber specializes in designing and manufacturing high-speed corrugating machinery. . . .

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