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Global private equity firm OpenGate Capital completed the acquisition of AICO S.p.A. as an add-on to its earlier acquisition of Jøtul Group. The deal aims to create synergy between Jøtul Group and AICO in the domestic heating industry.
Los Angeles-based private equity firm OpenGate Capital has acquired Hufcor, a Janesville-based manufacturer of movable wall partitions for commercial and government buildings. Hufcor's headquarters will remain in Janesville.
OpenGate Capital completed the acquisition of Umicore Zinc Chemicals from Umicore and renamed the business EverZinc. EverZinc has operations in Belgium, Netherlands, Norway, China and Malaysia, with over €400 million annual revenue.