Onex Said to Seek Sale of Husky, May Fetch $2 Billion

Onex Corp., Canada’s largest private-equity firm, is in talks to sell its Husky Injection Molding Systems unit to rival buyout firms and may reap as much as $2 billion, said people with direct knowledge of the matter.

Onex hired Goldman Sachs Group Inc. and JPMorgan Chase & Co. to handle the auction, said the people, who spoke on the condition of anonymity because the talks are private. Bolton, Ontario-based Husky makes machines that turn resin into plastic products such as bottles and medical syringes.