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Barnes (B) Divests Spring & Hanggi Units to One Equity Partners
BBarnes (B) Zacks Investment Research·2024-04-05 16:41

Barnes Group Inc. (B) recently announced the completion of the sale of its Associated Spring and Hänggi businesses to One Equity Partners for 175million,outofwhichpaymentof175 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 ...