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.
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