Brookfield closes $110 mln acquisition of Armtec Infrastructure
The private equity group of Brookfield Asset Management has completed its previously announced acquisition of substantially all of the assets of Armtec Infrastructure Inc, a Canadian manufacturer of infrastructure products and engineered construction solutions. While the deal's value was not published, Brookfield previously told peHUB Canada that its investment in the company totals about US$110 million. Prior to the acquisition, Brookfield was a lender to Armtec, providing it with a $125 million senior secured loan in 2011. The Armtec transaction follows last month's agreement by Brookfield to buy GrafTech International Ltd, a U.S. graphite material solutions provider.
4 June 2015•2 mins read
