Acquisition would further consolidate Motherson’s position as a global interior supplier through amalgamation of complementary portfolio and capabilities Acquisition would enhance Motherson’s diversification across customer portfolio and geographical footprint to over 200 facilities across 41 countries NOIDA, INDIA, April 2, 2018 – Motherson Sumi Systems Limited (MSSL), flagship company of the Samvardhana Motherson Group (SMG), … Read more
Motherson inks deal to acquire Reydel Automotive Group for USD 201 Million from Cerberus
Cerberus Capital Management Appoints Roberto Nicastro as Senior Advisor in Europe
NEW YORK and LONDON – March 23, 2018 – Cerberus Capital Management, L.P. and its affiliates (“Cerberus”), a global leader in alternative investing, announced today that Roberto Nicastro has become a Senior Advisor to the firm. In this role, Mr. Nicastro will consult with Cerberus as it continues its focus on investment opportunities and strategic … Read more
Cerberus Capital Management Affiliate Completes Acquisition of Cyanco
NEW YORK, March 19, 2018 – Cerberus Capital Management, L.P. today announced the completion of the previously announced acquisition of Cyanco Holding Corp. by a Cerberus affiliate from funds managed by Oaktree Capital Management, L.P. The transaction closed on March 16, 2018. Cyanco is the largest global producer of sodium cyanide, a critical input in … Read more
Cerberus Capital Management to Acquire Bluestone Group’s Australasian Operations
NEW YORK and LONDON, February 27, 2018 – Cerberus Capital Management, L.P., a global leader in alternative investing, today announced that one of its affiliates has entered into an agreement with Bluestone Group, the international financial services business based in the U.K., to acquire its Australasian mortgage lending and portfolio servicing operations (“Bluestone Holdings Australia”). … Read more
Albertsons Companies and Rite Aid Merge to Create Food, Health, and Wellness Leader
Watch presentation: https://azuredev.cerberuscapital.com/?attachment_id=2637 Combination Will Create Strong Local Networks in Attractive Geographies Integrated Platform Will Provide Customers Greater Choice, Convenience, and Access, and Accelerate Omni-Channel Strategy to Reach More Customers and Drive Profitable Growth John Standley to Serve as Chief Executive Officer and Bob Miller to Serve as Chairman of Combined Company Transaction Expected to … Read more
Cerberus Capital Management Affiliate to Acquire Cyanco
NEW YORK, February 7, 2018 – Cerberus Capital Management, L.P. today announced that an affiliate has entered into an agreement to acquire Cyanco Holding Corp. from funds managed by Oaktree Capital Management, L.P. (“Oaktree”). Cyanco is the largest global producer of sodium cyanide, a critical input in the gold and silver mining industry. Terms of … Read more
Revetas Capital and Cerberus Capital Management Announce Acquisition of Bucharest Hotel Portfolio
LONDON and NEW YORK, December 28, 2017 – Revetas Capital Advisors LLP (“Revetas”) and Cerberus Capital Management, L.P. and its affiliates (“Cerberus”) today announced the acquisition of Project Nemo, a leading hotel complex with approximately 86,000 sqm of gross leasable area in a prime location in Bucharest, Romania. The complex includes the Radisson Blu and … Read more
Cerberus Business Finance Announces Strategic Minority Investment by Dyal Capital Partners
NEW YORK, December 26, 2017 – Cerberus Business Finance, LLC (“CBF”), the middle-market lending platform of Cerberus Capital Management, L.P., announced today that affiliates of Dyal Capital Partners, L.P. (“Dyal”), a division of Neuberger Berman, made a strategic minority investment in CBF. Mark Neporent, Chief Operating Officer of Cerberus Capital Management, L.P., commented, “Dyal recognized … Read more