Carlyle Puts Britax Childcare Up for Sale

(Reuters) – Britax Childcare, a maker of car seats for children, has been put up for sale by its U.S. private equity owner Carlyle Group, a newspaper report said.

The company has hired Rothschild to advise it following approaches from potential trade and financial bidders, the Daily Telegraph said.

Carlyle bought Britax from its parent Britax International for 230 million pounds ($358 million) in 2005 and will be looking for a solid return on investment, the paper said. (Reporting by Karolina Tagaris; editing by Dhara Ranasinghe)