Private equity-owned Husky hires Goldman Sachs for $4 bln sale: Reuters
Husky Injection Molding Systems Ltd, a Canadian supplier of injection molding equipment to the global plastics industry, has hired investment bank Goldman Sachs Group Inc to explore a sale that it hopes could value it at close to US$4 billion, including debt, sources told Reuters. U.S. buyout firm Berkshire Partners LLC and the private equity arm of Ontario Municipal Employees Retirement System (OMERS) have asked Goldman Sachs to run the auction for the company. Based in Bolton, Ontario, Husky makes equipment that is used to produce goods for the beverage packaging, closures, thinwall packaging, medical, and consumer electronics markets. Berkshire and OMERS acquired Husky for US$2.1 billion in 2011 from Canadian buyout firm Onex Corp.
11 August 2017•2 mins read
