Flexitallic's Acquisition Brings More PE to Canadian Oil Sands
The Flexitallic Group, a manufacturer of static sealing products, including gaskets, for the global energy industry, has agreed to be acquired by Bridgepoint, a U.K.-based buyout firm focused on mid-market businesses. The €450 million transaction (or around US$590 million) is expected to close in July 2013. Flexitallic, which operates in Canada via the Edmonton, Alberta-based AGS Flexitallic Inc., has recently increased its activity in Canadian oil sands through acquisitions.
8 May 2013•3 mins read
