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Berkshire, OMERS Buy Husky For $2.1B

Berkshire Partners and OMERS Private Equity will acquire global supplier of injection molding equipment and services, Husky International, and its subsidiaries.

Berkshire Partners and OMERS Private Equity will acquire global supplier of injection molding equipment and services, Husky International, and its subsidiaries. Onex and its affiliated funds sold the company for about $2.1 billion, adds Reuters.

The deal will be financed by affiliates of Goldman Sachs, including its principal mezzanine fund, Morgan Stanley Senior Funding, RBC Capital Markets and TD Securities. TD Securities acted as the financial advisor. The transaction is expected to be completed by the third quarter of 2011.

Click here for the release from Business Wire.

Click here for the additional coverage from Reuters.

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