How Sunrise Medical Supports Air Travel Innovation for Power Wheelchair Users
Wheelchair manufacturer works to assist users who need assistance while flying.
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October 22, 2021
Platinum Equity Acquires Global Environmental Services Business Urbaser from China Tianying for $4.2 Billion
Acquisition of Madrid-Based Integrated Waste Management Company Adds to Global Buyout Firm’s Momentum in Europe LOS ANGELES and MADRID (October 21, 2021) – Platinum Equity today announced that it has completed the acquisition of Urbaser, one of the world’s largest providers of environmental services, from China Tianying Inc. for an enterprise value of approximately $4.2 billion (€3.5 billion). Urbaser is a leading global environmental management company oriented towards sustainability and innovation, serving more than 70 million people in 25 countries through a network of more t...
Read moreOctober 22, 2021
Biscuit International announces the proposed acquisition of Continental Bakeries
Biscuit International (the “Group”) has reached an agreement to acquire Continental Bakeries from its current shareholders. Continental Bakeries joining the Biscuit International family represents a transformational and strategic acquisition that will bring together complementary product portfolios and geographical footprints and strengthen Biscuit International’s position as a leader of the European private label biscuit market. Completion of the transaction is anticipated during the first half of 2022, subject to customary antitrust and works council approvals. Paris, 22 Octob...
Read moreOctober 21, 2021
$4.2 billion Urbaser deal adds to Platinum Equity’s European momentum
Managing Director Igor Chacartegui talks about the importance of trust, relationships and ESG in Platinum’s latest European buyout Urbaser is a global environmental management company focused on sustainability and innovation, with 50,000 employees serving more than 70 million people in 25 countries. With an enterprise value of $4.2 billion, Urbaser is another cornerstone deal in Platinum Equity’s global portfolio of operating companies. The acquisition adds to momentum generated by Platinum’s European operations, headed by partner Louis Samson, and is representative of ...
Read moreOctober 19, 2021
Platinum Equity to Acquire Pelican Products
LOS ANGELES (October 19, 2021) – Platinum Equity announced today the signing of a definitive agreement to acquire Pelican Products, 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. The transaction is expected to be completed by the end of the fourth quarter of 2021. Pelican operates in two primary segments: Pelican Products designs and manufactures high-performance rigid protectiv...
Read moreOctober 18, 2021
Platinum Equity Acquires Oregon Tool
Acquisition will help Oregon Tool fuel innovation and propel global growth PORTLAND, OR (October 18, 2021) – Platinum Equity announced today that the acquisition of Oregon Tool has been completed. Oregon Tool is a global manufacturer and distributor of aftermarket-driven professional grade cutting tools, outdoor equipment accessories and parts. Financial terms were not disclosed. Oregon Tool is the world’s #1 manufacturer of saw chain and guide bars for chainsaws, and a leading manufacturer of lawn mower blades, agricultural tractor attachments and a broad range of other products us...
Read moreSeptember 21, 2021
Platinum Equity Announces Sale of Singapore-Based Electronics Manufacturing Services Provider PCI to Celestica
LOS ANGELES (September 21, 2021) – Platinum Equity announced today the signing of a definitive agreement to sell PCI Limited (“PCI”), an electronics manufacturing services provider based in Singapore, to Celestica Inc. (TSX: CLS) (NYSE: CLS), headquartered in Toronto, a leader in design, manufacturing and supply chain solutions for the world's most innovative companies, for $306 million in cash. The sale is expected to close in mid-fourth quarter of 2021, subject to regulatory approval and customary closing conditions. PCI is a fully integrated design, engineering and manufacturing so...
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