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Article: Red Diamond Capital Acquires International Appliance Maker.
- Article from:
- Business Wire
- Article date:
- January 24, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK -- Red Diamond Capital, a private equity investment firm based in New York, announces the acquisition of the W.C. Wood Group of Companies, an international manufacturer of chest and upright freezers and refrigerators, and dehumidifiers for the consumer and commercial markets. The transaction was completed in partnership with Michael C. Hadjinian, an experienced operating executive who was named CEO of the company at closing. Mr. Hadjinian has been affiliated with Red Diamond Capital through its CEOwners([R]) Program since 2005. Prior to his involvement with Red Diamond, Mr. Hadjinian had been CEO of four independent manufacturers of consumer and industrial ...
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