WINDSOR, CT — American Industrial Partners, parent company of Stanadyne Corp., has sold its stock in the company to an affiliate of Kohlberg & Co., a private merchant banking firm. The company’s stock was sold for approximately $330 million.
Stanadyne is a provider of technology and services for engine components and fuel systems. Headquartered in Windsor, Conn., the company has facilities in the U.S. Brazil, France, Italy and India.
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