Deals
Buyout Firms Said to Circle KRG-Backed Label Maker Fort Dearborn
- Caryle Group, CCMP among groups said to have made second round
- Illinois company is expected to fetch about $800 million
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Fort Dearborn Co., the maker of food labels for companies including Del Monte Pacific Ltd., has attracted private-equity interest in its auction process, said people familiar with the matter.
Carlyle Group LP and CCMP Capital Advisors are among the firms that made the second round of bidding for the Elk Grove, Illinois-based company, said the people, who asked not to be identified because the situation is private. Management presentations are currently ongoing and final bids, which could value Fort Dearborn at around $800 million, are due in July, the people said.