Everstone Capital has finalised its acquisition of Qlar Group, the global industrial technology company formerly known as Schenck Process.
The deal marks a significant milestone for Qlar, a long‑established supplier of weighing, feeding, conveying, milling and grinding technologies used across cement, steel, chemicals, performance materials, mining and food sectors.
Under the new ownership, Qlar will continue operating under its existing brand and organisational structure, with Everstone committing to long‑term investment in engineering, innovation and talent development.
The firm aims to strengthen Qlar’s market access, expand its aftermarket and service business, and accelerate the development of more efficient, circular and lower‑carbon material‑processing solutions.
Qlar’s CEO, Dr Jörg Ulrich, described the acquisition as “an exciting new chapter”, emphasising Everstone’s experience in supporting engineering‑led global businesses.
The partnership is expected to enhance Qlar’s ability to support customers with advanced, sustainable processing technologies at a time when industries are under increasing pressure to reduce emissions and improve operational efficiency.
The acquisition reinforces Qlar’s position as a key player in the global bulk‑materials handling sector, with a strong footprint across Europe and Asia and a growing focus on digitalisation and sustainable transformation.