HUSKY
Follow-up: Onex to sell machinery manufacturer for USD 2.1 bn
The market had already been awash with rumours but now it is official: Leading injection moulding machinery and tool manufacturer Husky Injection Molding Systems (Bolton, Ontario / Canada; www.husky.ca) is about to change owner. After several media reports had hinted at a possible sale – see also Plasteurope.com of 27.04.2011 – financial investor Onex (Toronto / Canada; www.onex.com) has now officially announced plans to sell Husky to investment companies Berkshire Partners (Boston, Massachusetts / USA; www.berkshirepartners.com) and Omers Private Equity (Toronto / Canada; www.omerspe.com). The purchase price has been set at USD 2.1 bn (about EUR 1.4 bn), with the sale expected to be completed by the beginning of Q3 2011.
06.05.2011 Plasteurope.com [219317-0]
Published on 06.05.2011