Arcline Investment Management to Acquire Fairbanks Morse, an EnPro Industries Company
Arcline Investment Management (“Arcline”), a growth oriented private equity firm with $1.5 billion of capital under management, announced that it has signed a definitive agreement to acquire Fairbanks Morse (“the Company”), an EnPro Industries company , for $450 million. Fairbanks Morse develops and manufactures heavy-duty, medium-speed reciprocating engines under the Fairbanks Morse......