Clayton, Dubilier & Rice to acquire majority stake in SunSource

Clayton, Dubilier & Rice funds agreed to acquire a majority stake in SunSource Holdings, a distributor of hydraulic and pneumatic fluid power products in the US and Canada. Terms were not disclosed.

“CD&R-managed funds will acquire a majority stake in SunSource Holdings, Inc., a distributor of hydraulic and pneumatic fluid power products in the U.S. and Canada.”prnewswire.com

• 2 sources
• prnewswire.comClayton, Dubilier & Rice to Acquire SunSourceNov 2, 2017
• mdm.comSunSource Being Acquired by Clayton, Dubilier & Rice - Modern Distribution ManagementNov 3, 2017

Summarized from public sources; check the original articles before acting on it.