Platinum Equity to Invest in Grand Appliance
Leading Midwest appliance distributor to join forces with Platinum-backed R&B Wholesale Distributors LOS ANGELES (Jul...
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July 28, 2022
Platinum Equity to Acquire High Temperature Solutions Business from Imerys for €930 Million
Proposed Carveout from Paris-based Specialty Materials Leader Adds to Global Buyout Firm’s Momentum in Europe LOS ANGELES and PARIS (July 28, 2022) – Platinum Equity today announced that it has entered into exclusive negotiations to acquire Imerys SA’s High Temperature Solutions business (HTS) in a transaction valued at approximately €930 million. The proposed transaction, which is subject to the fulfillment of customary closing conditions, including the information and consultation of works councils and other regulatory approvals, is expected to be completed by the end of the ye...
Read moreJuly 18, 2022
Peli Products Germany GmbH Acquires Manufacturing capabilities in Germany
The purchase accelerates its Expansion Strategy with further manufacturing capacity for the European markets Barcelona – July 18, 2022 — Peli Products Germany GmbH, a subsidiary of Pelican Products, Inc., the global leader in the design and manufacture of high-performance protective cases, temperature-controlled packaging solutions and advanced portable lighting systems, announces the acquisition of HVB Kunststofftechnik GmbH’s injection and roto-molding business, Peli’s German-based manufacturing partner for the last 14 years. Since the beginning of the partnership in 2008, Peli...
Read moreJune 20, 2022
Platinum Equity to Acquire Majority Interest in Global Intimate Apparel Company Hop Lun
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Read moreJune 02, 2022
Club Car Completes Acquisition of Garia
Augusta, Ga (June 2, 2022) – Club Car, a leading manufacturer and global leader in golf, consumer, and utility vehicles, today announced that it has completed the acquisition of Garia A/S (“Garia”) a Denmark-based manufacturer of electric street legal low-speed vehicles for the utility, consumer and golf markets. The acquisition also includes Melex, which Garia acquired in 2021 to accelerate its growth in the utility space. Melex is a manufacturer of lightweight utility vehicles based in Poland. “We are incredibly excited that Garia and Melex have joined Club Car. Together, we sh...
Read moreMay 09, 2022
Alex Doñé Joins Platinum Equity as Managing Director
LOS ANGELES (May 9, 2022) – Platinum Equity announced today that Alex Doñé has joined the firm as a Managing Director responsible for global functions related to strategic planning, investor capital development and other firm leadership initiatives. Mr. Doñé was most recently Chief Investment Officer (CIO) for the New York City Comptroller’s Office Bureau of Asset Management (NYC BAM) where he oversaw more than $265 billion of assets for the New York City Retirement Systems (NYCRS) and their more than 700,000 members, retirees, and beneficiaries. He left NYC BAM at the end of 2021 a...
Read moreApril 09, 2022
Club Car to Acquire Danish Electric Vehicle Manufacturer Garia From Lars Larsen Group
Acquisition to increase Club Car presence in Europe, diversify product portfolio in growing consumer and utility markets Expanded portfolio of zero-emission vehicles to help meet increasing global demand for sustainable transportation options AUGUSTA, Ga., April 9, 2022 /PRNewswire/ -- Club Car today announced the signing of a definitive agreement to acquire Garia A/S ("Garia"), a Denmark-based manufacturer of electric low-speed vehicles for the utility, consumer and golf markets, from Lars Larsen Group. Financial terms were not disclosed. The transaction is expected to close in th...
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