PE Group buys stake in BWAY/Mauser from Stone Canyon

Stone Canyon Industries, Michael Milken, SCI PH Inc, BWAY, Mauser,
Photo of empty blue water buckets courtesy of Hydrogenn/iStock/Getty Images
  • Platinum Equity sold BWAY to Stone Canyon in 2016 for $2.4 bln
  • Stone Canyon bought Mauser for $2.3 bln in April
  • Michael Milken is passive shareholder of Stone Canyon
Stone Canyon Industries, which has ties to Michael Milken, sold a minority stake in SCI PH Inc, parent of BWAY and Mauser, to a group of PE firms. Stone Canyon, Los Angeles, said Dec. 27 that it recapped SCI and issued $850 million ...

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