Platinum Equity to Acquire Products & Healthcare Services Business from Owens & Minor
Company is a leading distributor of medical and surgical supplies across the U.S.
News
Latest News
December 01, 2010
Platinum Equity Acquires Ecka Granules Assets
Los Angeles, CA —Platinum Equity announced today it has acquired substantially all material assets of ECKA Granules, a Germany-based manufacturer and distributor of metal powders to a broad range of industries. The acquisition which includes copper, aluminum and magnesium powder manufacturing plants and sales offices will, upon registration of all share transfers, include Australia, Austria, Bahrain, China, Germany, Slovenia, Switzerland, the U.K. and the United States. Terms of the transaction were not disclosed. Platinum also owns SCM Metal Products, Inc., a U.S. manufacturer and dis...
Read moreNovember 29, 2010
Ryerson Announces New Iowa Plate Processing Center
CHICAGO -- Ryerson Inc., a leading processor and distributor of metals in North America and China today announced that it will open a plate processing center in Eldridge, Iowa. The 175,000-square-foot facility is expected to begin operations in July 2011. The processing capabilities include laser cutting, plasma and oxy-fuel burning, robotic beveling, plate blasting, machining and press brake bending."This new facility is a platform for serving our customers' growing demand for the processed carbon plate market in the Midwest. The expanded capabilities combined with the strategic location and ...
Read moreNovember 11, 2010
Ryerson Names Michael C. Arnold President and CEO
CHICAGO, IL – November 11, 2010 – Ryerson, a leading processor and distributor of metals in North America, today announced the appointment of Michael C. Arnold to the position of president and chief executive officer, effective January 10, 2011. Mr. Arnold, 54, replaces Stephen E. Makarewicz, 63, who announced in May 2010 his plan to retire and will leave after the beginning of the year once the transition is complete.“We conducted a global search and found the strongest and the best candidate to lead Ryerson into the future,” said Ryerson director Robert L. Archambault, who preceded M...
Read moreOctober 18, 2010
Platinum Equity to Acquire American Commercial Lines
Public Stockholders to Receive $33.00 per Share in Cash; Transaction Valued at $777 Million JEFFERSONVILLE, IN -- Oct 18, 2010 -- American Commercial Lines Inc. (NASDAQ: ACLI) ("ACL" or the "Company"), one of the largest and most diversified inland marine transportation and service companies in the United States, today announced that it has entered into a definitive merger agreement to be acquired by an affiliate of Platinum Equity, in a transaction with an enterprise value of approximately $777 million. ACL's Board of Directors, acting on the unanimous recommendation of a Special Committe...
Read moreOctober 13, 2010
Platinum Equity Portfolio Company Ranger Boats Announces Expansion: Company Will Invest $13 Million and Create 100+ Jobs
FLIPPIN, Arkansas (October 13, 2010) – Fishing Holdings, the parent company of Ranger Boats, the nation's largest manufacturer of premium fiberglass fishing boats, today announced the expansion of its manufacturing facility in Flippin, Arkansas. The company will invest $13 million to retool, transition and expand its facilities, which will create more than 115 new jobs. The additional jobs will increase total employment at the manufacturing facility to approximately 540 people. "We're very fortunate to have a world-class manufacturing facility that's home to such wonderful employees and s...
Read moreOctober 12, 2010
Ulticom Agrees to be Acquired by Platinum Equity
Mount Laurel, NJ (October 12, 2010) Ulticom, Inc. (NASDAQ: ULCM) ("Ulticom" or "Company") announced today that it has signed a definitive merger agreement with affiliates of Platinum Equity, LLC providing for the acquisition of Ulticom by an affiliate of Platinum Equity for merger consideration of $2.33 per share in cash, after payment of a special dividend in the amount of $5.74 per share in cash. Shares held by Ulticom's controlling shareholder, Comverse Technology, Inc. ("Comverse") will be purchased by Platinum Equity’s affiliate pursuant to a separate share purchase agreement immediat...
Read more
Post 
In 
Email 
Copy link