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Broadway to sell entire manufacturing business for $66m


The Straits Times
Tay Peck Gek
https://str.sg/JDUK
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The proposed disposal to Chinese company Suzhou Gefan Hardware And Plastic Industrial Co requires the approval of Broadway shareholders, and will result in Broadway becoming a cash company. ....

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Platinum Equity Sells Compart Systems To Shanghai Wanye Enterprises


Platinum Equity Sells Compart Systems To Shanghai Wanye Enterprises
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LOS ANGELES, Dec. 22, 2020 /PRNewswire/  Platinum Equity announced today that it sold Compart Systems Pte Ltd. ( Compart or the Company ) to Shanghai Wanye Enterprises Co., Ltd. ( Wanye ) in a transactions valued at approximately $398 million.
Compart, headquartered in Singapore with primary operations in China and Malaysia, is a supplier of high-precision, machined metal components including valves, fittings, sensors, and related components for a range of industries. 
Platinum Equity is a Los Angeles-based global private equity firm focused on acquiring businesses that can benefit from the firm s operational expertise. The Compart investment was led by Platinum Equity s Singapore office. ....

Tom Gores , Russ Norwood , Los Angeles , Soo Jin Goh , Jacob Kotzubei , Dan Whelan , Compart Systems Pte Ltd , Broadway Industrial Group , Company To Shanghai Wanye Enterprises Co Ltd , Clifford Chance , Ingram Micro Inc , Platinum Equity Small Cap Fund , Platinum Equity , Compart Systems Pte , Los Angeles Based , Ingram Micro , Broadway Industrial Group Limited , Managing Director , Alpha Precision Turning , டோம் கோர்ஸ் , ரஸ் நார்வுட் , லாஸ் ஏஞ்சல்ஸ் , சூ ஜின் கோ , டான் சக்கரம் , அகலப்பாதை தொழில்துறை குழு , கிளிஃபோர்ட் வாய்ப்பு ,