Barnes (B) Divests Spring & Hanggi Units to One Equity Partners

Barnes Group Inc. (B) recently announced the completion of the sale of its Associated Spring and Hänggi businesses to One Equity Partners for $175 million, out of which payment of $21 million will be made after the transfer of certain foreign assets. This deal was announced in January 2024.Headquartered in New York, One Equity Partners is a middle-market private equity company that invests in the industrial, technology and healthcare sectors in North America and Europe. The company has assets under manageme ...