Mannesmann Plastics Machinery: Two financial firms take the lead
Two investment groups, Apax Partners & Co. Ventures Ltd. and Investcorp, are the finalists in the race to buy the world’s largest plastics equipment maker, Mannesmann Plastics Machinery AG, from Siemens AG, according to a German newspaper report. Meanwhile, plastics machinery maker SMS AG of Dusseldorf, Germany, is out of the running, an SMS executive confirmed.