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Category: Manufacturing and Industrial

UK needs to prepare for 1980s levels of unemployment, says Alistair Darling

The former chancellor that the government should look at a range of options, including training and retraining for sectors that are hardest hit, like the aviation and the hospitality sector

MiddleGround Builds Specialty Metals Platform

MiddleGround Capital has completed the acquisition of Supra Alloys and EDGE International from Titan Metal Fabricators. Post-closing, the two businesses will be combined with Banner Industries, a processor and distributor of metal bar products that

Arcline Grinds Away

Arcline Investment Management has acquired Glebar Company from its management shareholders led by Chairman and former CEO Adam Cook. Glebar manufactures and services micromachining, centerless grinding and electrochemical grinding systems used in the production of

H.I.G. Invests in Specialty Chemical Maker

H.I.G. Capital has made an investment in USALCO, a provider of specialty chemicals. The investment in USALCO is H.I.G.’s tenth current platform in the chemical sector. USALCO (United States Aluminate Company) is a manufacturer of

Mike Kay Joins Angeles Equity

Angeles Equity Partners has added Mike Kay to its team as a new operating partner. Mr. Kay has experience across multiple industrial sectors, including automotive, aerospace and defense. Before joining Angeles Equity, Mr. Kay was

AEA Closes Seventh Pexco Add-On

Pexco, a specialty plastics extruder and a portfolio company of AEA Investors, has acquired Exlon Extrusion. Exlon is an extruder of plastic tubing with a specialization in high-performance polymer products including custom and proprietary lines

Spain’s Sherpa Capital buys bike-sharing company CityBike

Sherpa highlighted the company's growth prospects following Covid-19, which has resulted in increased demand for alternative transport solutions

Ability to execute carve-outs is sellers’ main concern amid Covid-19 – survey

Industrials, retail, and business services sectors, are expected to be the most likely targets

Triton takes majority stake in Swiss manufacturer Lamina Technologies

The transaction is the ninth concluded by Triton's smaller mid-cap fund, closed in 2018 at €450m

Ex-KKR partner joins former colleagues at Asterion Industrial Partners

Silke Scheiber has joined the Madrid-based firm as head of its portfolio management committee

KKR looks to build up European logistics real estate portfolio following new investment

KKR has taken a majority stake in European investor and manager of industrial and logistics assets Mirastar

Clearlake closes sixth fund at nearly $7bn

Opalesque Industry Update - Clearlake Capital Group, L.P., a leading investment firm that invests in the technology, industrials, and consumer sectors, today announced it has completed fundraising for its sixth private equity fund, Clearlake Capital

China policy and markets round-up: Beijing finalises D-Sib rules, Caixin PMIs hit decade high, US bill to delist Chinese companies clears House

In this round-up, China unveils guidelines to assess its domestic systemically important banks, both the November Caixin China manufacturing and general services Purchasing Managers’ Indexes beat expectations, and the US House of Representatives waves through

Sritex to extend 2019 loan

Indonesian textile products manufacturer Sri Rejeki Isman, better known as Sritex, is planning to extend a dollar loan closed in 2019 by two years.

Raymond James hires managing director from Canaccord

Alastair Rogers will cover the diversified industrials sector at the European arm of the investment bank

EQT to acquire hand sanitisers producer as pandemic leads to demand surge

Sweden-based firm entered in exclusive negotiations with French industrials group Air Liquide for the acquisition, aiming to increase the supply of disinfectants in the short-term

A private equity firm turns to triage as coronavirus strikes

The virus disrupted the supply chain for HKW’s portfolio and also for roughly 75% of US companies

Blackstone buys UK warehouses eyeing pandemic-induced e-commerce boom

London-based real estate investment manager Clearbell Capital sold 22 industrial and logistics properties in the UK for £120m

Macquarie closes $645m infrastructure debt fund

The vehicle made 18 debt investments in transport, utilities, and energy infrastructure in the UK, Europe, the US, and Australia

Xinyi Solar, Venus Medtech succeed in HK sales

Solar glass manufacturer Xinyi Solar Holdings raised HK$2.7bn ($343.5m) on Wednesday, after boosting the size of a primary share sale.

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