Teachers Bidding on Refrigeration Manufacturer AHT Cooling – Reuters

Teachers’ Private Capital, the investment arm of Ontario Teachers’ Pension Plan, is among a number of private equity firms interested in buying Austrian refrigeration manufacturer AHT Cooling Systems GmbH, banking sources told Reuters. The seller, German private equity firm Quadriga Capital, which acquired AHT in 2007, is asking for approximately 500 million euros (US $659.7 million) for the company. Teachers, U.K.-based Bridgepoint, and Sweden’s EQT were all said to have made it through to a second round of bidding in mid-August.

For more information about AHT Cooling Systems GmbH, please visit the company’s website.

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