Platinum Equity Closes Acquisition of California-Based Pelican Products.
MANews-(C)2009-2022
Los Angeles-based global investment firm Platinum Equity has closed the acquisition of California-based protective cases and rugged gear manufacturer Pelican Products, the company said.
Financial terms were not disclosed.
Pelican Products designs and manufactures rigid protective cases, advanced portable lighting systems, and outdoor consumer products for highly resilient government, commercial and consumer markets.
Peli BioThermal provides a comprehensive portfolio of passive temperature-controlled parcel solutions for high-growth clinical trials and commercial biopharma markets.
Pelican maintains 12 manufacturing sites, 17 service centres and network stations, and 23 international sales offices across 25 countries.
Gibson Dunn and Crutcher LLP is providing legal counsel and Willkie Farr and Gallagher LLP is providing debt financing counsel to Platinum Equity on the Pelican acquisition. BofA Securities...
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