Crestview Partners to sell Stackpole International for $659 mln

Johnson Electric Holdings Ltd. has agreed to buy the Stackpole International group of companies in a deal valued at C$867 million (US$659 million). Ontario-based Stackpole, which supplies engine and transmission pumps and powder metal components primarily for automotive applications, is majority owned by Crestview Partners. Perella Weinberg Partners LP advised Johnson Electric.

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