Plans Announced for Multi-Color Corp. and Fort Dearborn Merger

摘要

In a press release from Platinum Equity, the company announced its signing of a definitive agreement to sell Multi-Color Corp. to Clayton, Dubilier & Rice (CD&R). Additionally, the release states CD&R has signed an agreement to acquire Fort Dearborn from Advent International, and that it would merge Multi-Color and Fort Dearborn. "We have had an outstanding partnership with Nigel and the MCC management team," Louis Samson, partner at Platinum Equity, said in the release. "We worked together to significantly transform the business and drive both organic and acquisitive growth, which led to substantial improvements in top-line and earnings performance. The company is a natural fit with Fort Dearborn and both companies will benefit from the combination''