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All amounts in U.S. dollars unless otherwise stated. TORONTO, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Onex Corporation (“Onex”) (TSX: ONEX) today announced that Onex Partners Opportunities Fund has agreed to make a majority investment in Fischbach KG (“Fischbach” or the “Company”), the world’s largest provider of cartridge packaging solutions for sealants and adhesives used in building ...
Schwartz founded Onex in 1984 and took the company public in 1987. [2] In June 2007, General Motors sold Allison Transmission to financial investors Carlyle Group and Onex Corporation. In 2010, Onex and the Canada Pension Plan acquired English engineering firm Tomkins, though Onex only held 14% of shares. [3] At the end of 2017, Onex acquired SMG.
In 1983, Schwartz founded Onex Corporation. [3] Schwartz has been a director of Scotiabank since 1999. In 2021, Schwartz's net worth was estimated at US$1.5 billion, making him one of the wealthiest people in Canada. [1] As of 2015, he was the highest paid CEO in Canada. [4]
Hawker Beechcraft Inc. was a new company formed by the Canadian investment firm Onex Partners and GS Capital Partners, an affiliate of global finance house Goldman Sachs. It operated under the name Hawker Beechcraft Corporation (HBC). [18]
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