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American Commercial Lines Expands Liquid Cargo Fleet with Purchase of Eight 20,000 Barrel Capacity Tank Barges

Jefferson, IN – American Commercial Lines (ACL) today announced the purchase of eight 20,000 barrel capacity tank barges from SeaRiver Maritime Inc., a subsidiary of Exxon Mobil Corporation. The purchase will expand ACL’s fleet of 325 tank barges, which transport liquid cargoes, including chemicals, petroleum, and renewable fuels throughout the U.S. inland waterway system. The […]

NFL Draft Picks Stay Dedicated to Schutt Helmet Brand

As reported on WCTV.tv, the 2012 NFL Draft picks will show their loyalty to Schutt Football Helmets, a steadfast brand amongst players. Platinum Equity portfolio company Schutt Sports is among the largest football helmet manufacturers in  America, holding a significant percentage of the youth, collegiate, and professional football markets. Players will express their confidence in […]

DoubleTree by Hilton Carson in South Bay of Los Angeles Celebrates Completion of Multi-Million-Dollar, Hotel-Wide Transformation

Carson, CA – The DoubleTree by Hilton Carson, located at the crossroads of the South Bay in greater Los Angeles, has completed a multi-million hotel transformation project, which includes comprehensive upgrades throughout the hotel’s guest rooms, public areas, function space and dining outlets. Centrally located within a 25-minute drive of downtown Los Angeles and Long […]

Platinum Equity Completes Acquisition of DMS Health Technologies

Los Angeles, CA – Platinum Equity announced today that it has completed the acquisition of DMS Health Technologies from Otter Tail Corporation. Platinum did not disclose terms of the agreement. “We are excited about the potential for DMS Health Technologies and look forward to helping the company evolve and continue to thrive under Platinum’s ownership,” […]

Platinum Equity Company Ryerson Expands into South America

Chicago, IL – Ryerson Inc., a leading distributor and processor of metals in North America and China, announced today that it has expanded into South America for the first time by acquiring a 50% stake in Açofran Aços e Metais LTDA (“Açofran”), a steel service center based in São Paulo, Brazil. Financial terms of the […]

Platinum Equity Company Data2Logistics Global Expansion Increases in Europe

Fort Myers, FL – Global freight bill advisor and processor Data2Logistics announces additional representation in Europe as a component of the company’s further global expansion, increasing the company’s continental footprint. Included in Data2Logistics’s European expansion are Jos van der Meulen and Johan Kool as Business Development Managers in the Benelux region, Reinhold Säckl as Country […]

Platinum Equity Company Truesense Imaging Announces Company Name as an Independent Operation

Rochester, NY – Truesense™ Imaging, a leading provider of high-performance image sensors for commercial, industrial, and professional imaging applications, today formally announced its new corporate identity. Formerly the Image Sensor Solutions (ISS) division of Eastman Kodak Company, Truesense Imaging was acquired by Platinum Equity through a transaction with Kodak that closed on November 7, 2011 […]

Platinum Equity to Acquire DMS Health Care Technologies

Los Angeles, CA – Platinum Equity announced today that it has signed a definitive agreement to acquire DMS Health Technologies from Otter Tail Corporation. Platinum did not disclose terms of the agreement. The transaction is subject to regulatory approval and certain closing conditions. “DMS Health Technologies has a great reputation and we share the company’s […]

Platinum Equity Completes Sale of 3B

Los Angeles, CA – Platinum Equity announced today it has completed the sale of 3B – The Fibreglass Company (“3B”) to Binani Industries Limited. Platinum did not disclose terms of the agreement. Headquartered in Battice, Belgium, 3B is a European leader in the production of fiberglass composite materials and is a preferred supplier to global […]