Sign up for free newsletter

 

Sold sign

Dubai International Capital sells Mauser to Clayton, Dubilier & Rice

Dubai International Capital (DIC), the private equity arm of Dubai Holding, has completed the sale of Mauser Group to Clayton, Dubilier & Rice (CD&R) for circa USD1.7 billion.

The agreement for the sale was announced on 12 May 2014.
 
David Smoot, chief executive officer of DIC, says: “We are extremely pleased with the outcome of the Mauser sale. This transaction demonstrated DIC’s ability to improve and grow the companies it has invested in to ultimately achieve an attractive value at the point of exit. We are now focused on continuing to enhance the value of our remaining portfolio as we prepare the companies for an eventual exit.”
 
Mauser, a producer of rigid industrial packaging with approximately 4,400 employees and consolidated revenues of over USD1.6 billion, was originally acquired by DIC in 2007 in a deal that valued the group at circa USD1.1 billion.
 
Bank of America Merrill Lynch acted as exclusive financial advisor to DIC. Latham & Watkins provided DIC with legal counsel.


Subscribe to free daily newsletter
MediaWatch WA awards 2015

See interviews and presentation at the Wealth Adviser 2015 awards ceremony, held at Sketch, Mayfair on the 15th May .... »

latestjobs
Analyst/Associate Healthcare Investment Banking

Mon, 31 Aug 2015 00:00:00 GMT

Ph. D / Quantitative Researcher - NYC

Mon, 31 Aug 2015 00:00:00 GMT

Investment Banking Restructuring Analyst/Associate

Mon, 31 Aug 2015 00:00:00 GMT

events
1 week 17 hours from now - New York
1 week 1 day from now - New York
1 week 6 days from now - London
2 weeks 17 hours from now - California
specialreports