Fosber has announced that Brookfield’s private equity division has completed the acquisition of the company.
In a deal worth approximately $900 million, Brookfield acquired Fosber Group from Guangdong Dongfang Precision. Marco Bertola, who has been with Fosber for more than 25 years, will assume the role of Global CEO of Fosber Group and stated: “This marks the beginning of a new era for Fosber Group with the completion of the acquisition by Brookfield. Fosber has a long history of success, built on cutting-edge technologies, excellent service, and a reputation for quality recognized throughout the industry. What truly sets us apart are our people and the customer-oriented culture they embody every day. We are strong — and ready to achieve even more. With Brookfield, we will gain access to greater financial resources, technologies, and a global network that will accelerate investment in R&D, innovation, and growth. This partnership allows us to strengthen our ability to serve customers, expand into new markets, and unlock our still untapped potential.”