Husky Injection plans new financing for buyout by Platinum Equity

By Sara Rosenberg

New York, Dec. 18 – Husky Injection Molding Systems plans on getting new financing led by Bank of America Merrill Lynch and Deutsche Bank to help fund its acquisition by Platinum Equity, according to a news release.

The company is being bought from Berkshire Partners and OMERS Private Equity for $3.85 billion.

Closing is expected in the second quarter of 2018, subject to regulatory approval.

Husky is a Bolton, Ont.-based supplier of injection molding equipment and services to the plastics industry.

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