Turnspire Capital Partners has acquired Swanson Industries, a Morgantown, West Virginia maker of hydraulic equipment for mining and industrial use, from AEA Investors. The deal also includes Swanson's controlling stake in Tiefenbach North America. No deal value was disclosed.
Crane Engineering, a portfolio company of AEA Investors, has acquired Geiger Pump and Equipment, a Mid-Atlantic distributor of industrial and municipal pump and process equipment. Crane is headquartered in Kimberly, Wisconsin.
Kelso & Co, a private equity firm, completed the acquisition of a majority stake in Inovar Packaging Group from AEA Investors. Inovar makes pressure-sensitive labels, shrink sleeves and flexible packaging. Financial terms were not disclosed.
Ares Management's Private Equity Group funds and Ontario Teachers' Pension Plan Board completed the acquisition of a majority interest in packaging distributor TricorBraun, from former majority owner AEA Investors, which retains a significant stake.
Ares Management's Private Equity Group funds and Ontario Teachers' Pension Plan Board have agreed to acquire a majority interest in packaging distributor TricorBraun from AEA Investors, with management retaining a stake. The deal was announced January 7, 2021.
Leonard Green & Partners is reportedly nearing a deal to acquire packaging company Pro Mach Group from AEA Investors for more than $2.2 billion including debt, according to Reuters.
TricorBraun, a St. Louis packaging company, agreed to acquire Salbro Bottle, a Woodbridge, Ontario maker of plastic and glass containers and closures. No financial terms were disclosed. The announcement was made on June 26, 2017.
AEA Investors LP has acquired TricorBraun Holdings, Inc., a North American distributor of glass and plastic rigid packaging, from CHS Capital. The deal value was not disclosed.