Ares and Teachers complete acquisition of CPG International
U.S. private equity firm Ares Management and Ontario Teachers' Pension Plan have completed their previously announced acquisition of building supplies company CPG International Inc. The deal's value has been estimated at US$1.5 billion. The seller was U.S. private equity firm AEA Investors, which bought the Scranton, Penn.-based CPG in 2005. Immediately after the transaction closed, the company was renamed CPG International LLC.
2 October 2013•3 mins read
