Reuters – Restructuring 3i Prepares to Sell Mold-Masters

British private equity firm 3i Group, which is undergoing a restructuring process, is likely to continue disposing of assets in the coming months, reports Reuters. A source “familiar with the situation” said 3i is now preparing to sell several portfolio companies, including Canadian manufacturer Mold-Masters Ltd. The Financial Times reports the sale of the company could be worth C$700 million. Georgetown, Ontario-based Mold-Masters, which produces hot runner technology and systems, received a significant investment from 3i in 2007.

For further information concerning Mold-Masters Ltd., visit the company’s website.

Photo courtesy of Shutterstock.

Sign up to our Newsletter

Receive updates from our PE HUB Wire and Top Stories of the Week newsletters:

We will not send you spam, and we don't share your email address with 3rd parties.