Headquartered in Bolton, Ontario, Husky is a global supplier of injection moulding equipment and services to the plastics industry. The company, led by president and CEO John Galt, designs and manufactures a broad range of injection moulding machines, hot runners, moulds and integrated systems.
“I look forward to partnering with Berkshire Partners and OMERS Private Equity in continuing to build a great company that delivers outstanding customer value,” said John Galt, who will continue to lead Husky as president and CEO. “Husky has a tremendous future and the management team is excited to be working with our new partners in this next chapter.”
Berkshire Partners and OMERS Private Equity expect to close the transaction by the end of the third quarter of 2011. The management team of Husky is expected to be a significant investor in the business through continued equity ownership.
Source: Husky Injection Molding Systems
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