Deals
Permira to Buy Equipment Maker Intelligrated for $500 Million
This article is for subscribers only.
Permira Advisers LLP, the private-equity owner of companies from Hugo Boss to Birds Eye food brands, agreed to buy equipment maker Intelligrated for about $500 million.
Based in Mason, Ohio, near Cincinnati, Intelligrated makes machines that move and store products in factories and warehouses. The deal is expected to close in the third quarter of this year, London-based Permira said today in a statement.