Mannington Mills has bought Amtico International, which is a portfolio company of AAC Capital Partners. Financial terms were not announced. Amtico, of Coventry, England, makes luxury vinyl flooring products. PRESS RELEASE In a move that broadens its U.S. manufacturing base and global reach, flooring manufacturer Mannington Mills announced today that it has acquired Amtico International, [...]
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TowerBrook Capital Partners is emerging the frontrunner in the auction for ventilation and heating systems manufacturer Volution. The company is currently owned by AAC Capital Partners, Reuters reported Friday. AAC, the UK team of the former buyout arm of ABN Amro, acquired Volution in 2006 from Montagu Private Equity, Reuters wrote.
AAC Capital Partners is expecting final round bids this month in the sale of portfolio company Volution, Reuters reported. Volution, a heating systems manufacturer, is expected to fetch around around 200 million pounds ($311.6 million), Reuters wrote. AAC Capital bought Volution in 2006 from Montagu Private Equity.