TITLE

Private equity firms to buy Industrial Rubber

AUTHOR(S)
McNulty, Mike
PUB. DATE
September 2008
SOURCE
Rubber & Plastics News;9/8/2008, Vol. 38 Issue 3, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that two private equity firms have signed an agreement with Industrial Rubber Products Inc. to purchase the maker of products for the mining, energy and aggregate goods markets. Industrial Rubber's board of directors unanimously approved the sale of the firm to affiliates of the companies Lime Rock Partners and Thompson Street Capital Partners. An Industrial Rubber spokesman said the transaction is expected to close in mid-September 2008.
ACCESSION #
34768509

 

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