TITLE

Wynnchurch affiliate purchasing GDX

AUTHOR(S)
Moore, Miles
PUB. DATE
October 2007
SOURCE
Rubber & Plastics News;10/29/2007, Vol. 37 Issue 7, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article informs that MAPS Holdings Inc., the Madison Heights, Michigan-based vehicle sealing product manufacturer and affiliate of private equity firm Wynnchurch Capital, announced on October 19, 2007 that it is purchasing GDX International Holdings Ltd. for an undisclosed amount. However, six GDX factories, including three in North America, aren't part of the deal and will close. Both GDX and MAPS executives expressed enthusiasm for the acquisition in a joint press release.
ACCESSION #
27447934

 

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