Tag «Onex»

ChemChina to acquire KraussMaffei Group for €925million

– ChemChina is a strategic and long-term orientated investor – The transaction is expected to accelerate the growth of KraussMaffei Group – KraussMaffei Group locations will remain; number of jobs expected to increase – Management, works council and IG Metall welcome ChemChina as new owner (Munich, January11, 2016) China’s leading chemicals group, China National Chemical …

Onex Completes Acquisition of KraussMaffei Group

(Munich, December 28, 2012) Onex Corporation (“Onex”) (TSX: OCX) today announced that it has completed the acquisition of KraussMaffei Group, a leading manufacturer of plastic and rubber processing equipment, for € 568 million. Onex Partners III invested $ 353 million, of which Onex’ share is about $ 89 million as a limited partner in the Fund.www.kraussmaffeigroup.com About KraussMaffei Group The …