Articles > Popular publications > PR Newswire press releases > April-June 1996 > Tuesday, June 18

Article: PRIMACOR HOLDINGS ACQUIRES ACUTUS INDUSTRIES

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PR Newswire
Article date:
June 18, 1996
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NEW YORK, June 18 /PRNewswire/ -- Primacor Holdings, Inc., a company formed in December of 1994 by BT Capital Partners, in conjunction with Loeb Partners, Moshe Meidar and Ira Wender, has completed the acquisition of 100% of the stock of Acutus Industries, Inc. This was Primacor Holdings' second acquisition, following upon its purchase of Gladwin Corporation from Westinghouse Electric Corp. in December of 1994. BT Capital Partners was the lead investor in both transactions.

Gladwin and Acutus provide complementary technology, engineering, original equipment manufacturing and repair and maintenance products and services for continuous casting applications to the ... 







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