Platinum Equity has completed the acquisition of Alcoa's (NYSE, AA) Wire Harness and Electrical Distribution Business that was first announced on April 30. The business manufactures automobile electrical systems that connect items such as power windows and radios. Its operations employ 17,500 people and are active in 13 countries.
© 2022 PitchBook Data. All rights reserved. PitchBook is a financial technology company that provides data on the capital markets.