08:45 AM EDT, 06/16/2025 (MT Newswires) -- Carlyle Group ( CG ) , Triton and other private equity firms are considering bids for REMA Tip Top, a German industrial equipment maker that is exploring a possible sale, Reuters reported Monday, citing people familiar with the matter.

The report said REMA Tip Top, known for its conveyor belt systems and industrial services, has hired an adviser to evaluate strategic options, including a potential partial or full sale, though the exact stake size has yet to be finalized.

The German company reported 1.4 billion euros ($1.62 billion) in revenue for 2023, and any deal could value it at over 3 billion euros, Reuters said, citing one of the sources.

Formal discussions with potential investors are expected to begin after August, Reuters said, adding that the company's owners are also open to bringing in external investors to support future growth.

Carlyle, Triton, and REMA Tip Top did not immediately respond to MT Newswires' request for comment.

CG shares were 1.3% higher in recent premarket activity.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)