Onex completes $270 mln majority investment in WireCo
Canadian private equity firm Onex Corp has closed its previously announced investment in WireCo WorldGroup, a Prairie Village, Kansas-based maker of mission-critical steel wire rope, synthetic rope, specialty wire and engineered products. Onex Partners IV invested US$270 million to acquire a majority interest in the company. Paine & Partners, which acquired WireCo in February 2007, will retain a minority stake alongside senior management.
30 September 2016•2 mins read
