For sale?
KraussMaffei Group, owned by Madison Capital Partners, is working with Goldman Sachs Group (GS) to find a buyer, people familiar with the process said.
The company, which employs 3,900 people, may fetch as much as 700 million euros based on an initial assessment, said two of the people, who asked not to be identified because the plans are private. Information has been sent out to potential bidders, which include private equity firms and trade buyers.
At the moment KraussMaffei decline to comment.