Deals
Platinum Equity Nears $3 Billion-Plus Deal for Kohler Unit
- Private equity firm in advanced talks for generators unit
- Deal for the business could be announced in coming days
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Platinum Equity is in advanced talks to buy Kohler Co.’s generators division for more than $3 billion, according to people with knowledge of the matter.
A deal could be announced in the coming days, said one of the people, who asked to not be identified because the information is private. No final decision has been made and Kohler could still opt to keep the unit or sell it to another buyer, the people added.