HUSKY
Sale of plastics machinery manufacturer imminent? / Berkshire Partners rumoured to be possible buyer
The rumour mill is alive over a possible sale of Husky Injection Molding Systems (Bolton, Ontario / Canada; www.husky.ca), after the Reuters news agency reported that Onex (Toronto / Canada; www.onex.com) – the buy-out firm that had acquired Husky in 2007 (see Plasteurope.com of 19.12.2007) – is in “late-stage discussions” to sell the plastics machinery maker. Although the interested buyer, private equity firm Berkshire Partners (Boston, Massachusetts / USA; www.berkshirepartners.com), did not comment on the process, Reuters says the deal could be worth up to USD 2 bn.

The Canadian injection moulding machinery maker last posted sales of USD 1.1 bn and generated EBITDA of USD 197m in the financial year ended 30 September.
27.04.2011 Plasteurope.com [219233-0]
Published on 27.04.2011
Husky: Gibt Onex Maschinenbauer an Berkshire Partners?German version of this article...

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