Dellner Couplers was acquired by EQT Partners.
Dellner Couplers, a Falun, Sweden-headquartered manufacturer of train components, announced getting into an agreement for selling the majority equity package to the SWedish private equity house EQT Partners.
Financial details of the deal were not disclosed. The transaction was made through EQT's fund, the EQT VIII.
Dellner Couplers, founded 1941 and led by CEO David Pagels, has grown from being a small couplers producer to a global niche market leader in safety-critical components for passenger rail rolling stock.
Dellner offers full train connection systems including couplers, gangways, hatches, dampers, and crash management systems, complemented by after-sales services and support. The company is headquartered in Vika (Falun), Sweden, employs approximately 950 people globally, and generated sales of approximately SEK 1.9 billion ($210M) in 2018.