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Brooks sells its automation business for US$3bn

Brooks Automation has reached an agreement to sell its semiconductor solutions unit to Thomas H. Lee Partners (THL) for US$3.0 billion in cash. Brooks’ automation...
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How growth capital is helping an Australian manufacturer go global

There’s a particular kind of ingenuity that flourishes in regional Australia. Away from the noise of major business centres, founders build companies that quietly become world leaders in their field, solving deep specialised problems that global markets didn’t know could be solved. Modra Technology, based in Warragul in regional Victoria, is one of those companies.