Platinum Equity Closes AEES Sale
October 4, 2011- Share:
Platinum Equity has completed its sale of AEES to PKC Group for €109 million ($144.1 million) in cash and €1.25 million ($1.65 million) in newly issued PKC shares. AEES supplies wiring harness solutions to automotive original equipment manufacturers and tier-one suppliers. Platinum carved the company out of Alcoa (NYSE: AA) in 2009.
- Share:
-
-
-
-