The Carlyle Group has completed its sale of a majority stake in JMC Steel Group to the Zekelman family, which already owned a minority stake. Carlyle acquired the tubular manufacturer for $500 million in a 2006 buyout and continues to hold a minority ownership interest in the company post-transaction.
© 2020 PitchBook Data. All rights reserved. PitchBook is a financial technology company that provides data on the capital markets.