Platinum Equity Completes Acquisition of Pelican Products
LOS ANGELES (December 31, 2021) – Platinum Equity announced today that the acquisition of Pelican Products has been completed. Pelican is a global leader in the design and manufacture of high-performance protective cases and rugged gear for professionals and outdoor enthusiasts, and temperature-controlled supply chain solutions for the healthcare industry. Financial terms were not disclosed. […]
Why Solenis, Sigura Water $6.5 billion merger is a good fit for Platinum Equity
Platinum Equity executives explain the path forward after $5.25 billion investment in Solenis Solenis is an industrial water treatment company with a global footprint that spans 120 countries and five continents with more than 40 manufacturing facilities and 5,200 employees. Solenis also produces needed ESG solutions. “Global demand for solutions that save water, use less […]
Platinum Equity Portfolio Company United Site Services Announces Close of New Strategic Investment to Support Continued Growth
Transaction provides substantial capital to fuel next phase of M&A-driven growth and expansion LOS ANGELES – December 20, 2021 – Platinum Equity portfolio company United Site Services, the largest provider of portable sanitation and related site services in the United States, announced today the closing of an investment by a Platinum Equity continuation fund vehicle […]
Platinum Equity and Ball Corporation to Sell Ball Metalpack to Sonoco for $1.35 Billion
LOS ANGELES and WESTMINSTER, Colo., December 20, 2021 — Platinum Equity and Ball Corporation (NYSE:BLL) today announced the signing of a definitive agreement to sell Ball Metalpack to Sonoco (NYSE: SON) in a transaction valued at approximately $1.35 billion. Closing of the transaction is subject to satisfaction of customary closing conditions, including regulatory review, and […]
CMA CGM Group takes strategic step in logistics development with major acquisition of Ingram Micro’s Commerce & Lifecycle Services business
Marseille, December 8th, 2021 Acquiring U.S.-based Ingram Micro CLS will accelerate the Group’s supply chain capabilities in contract logistics and eCommerce expertise. Key catalyst for CMA CGM Group’s subsidiary CEVA Logistics’ development in high-growth eCommerce segment, especially in U.S., European markets. CEVA Logistics to become the fourth largest global contract-logistics provider. CMA CGM Group, a […]
Ingram Micro Acquires BRLink, Strengthening Its Partner Ecosystem with New Managed Services
Agreement expands the global distribution leader’s cloud services portfolio, establishing Ingram Micro as the only Brazil distributor offering a complete migration to the cloud Irvine, California and São Paulo, Brazil – December 7, 2021. Ingram Micro announced today that it has completed the acquisition of BRLink, a leading managed services provider (MSP) in Brazil. Adding […]
Platinum Equity Completes Sale of Orbit Irrigation to Husqvarna Group
Successful Investment Adds to Momentum of Platinum Equity’s Small Cap Investment Platform LOS ANGELES (December 2, 2021) – Platinum Equity announced today that the previously announced sale of Orbit Irrigation to Husqvarna Group in a transaction valued at approximately $480 million has been completed. Orbit, based in Salt Lake City, Utah, has approximately 300 employees and […]
Platinum Equity Completes Acquisition of Water Treatment Company Solenis
Solenis Simultaneously Acquires Sigura Water; Combined Entity Creates Diversified Leader in Sustainable Solutions LOS ANGELES – November 9, 2021 – Platinum Equity announced today it has completed the acquisition of Solenis, a leading global producer of specialty chemicals used in water-intensive industries. As part of the transaction, Solenis has merged with Sigura Water, an existing […]
BlueCrest Acquires Fluence Automation
(Danbury, CT) – BlueCrest, the global leader in the high-volume print, mail and parcel insertion and sortation space, has acquired Fluence Automation. This strategic acquisition by BlueCrest will allow the companies to harmonize their solutions – hardware, software and imaging – and accelerate growth in the eCommerce fulfillment and Parcel sortation markets. Fluence will become […]
Platinum Equity Completes Sale of Multi-Color Corporation
LOS ANGELES (November 1, 2021) – Platinum Equity announced today the sale of Multi-Color Corporation (MCC), a global leader in label solutions, has been completed. Financial terms of the transaction were not disclosed. “MCC’s success was the result of a strong partnership with MCC’s management team and a lot of hard work by talented employees […]
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