Tomkins to sell Schrader division to U.S.-based private equity firm  [ USA ]

Tomkins plc announced that August Lux Holding Company entered into a definitive purchase agreement to acquire all of the equity interests in certain indirect subsidiaries of Pinafore Holdings B.V. that comprise the Company's Schrader division. August Lux Holding Company is affiliated with Madison Dearborn Partners, LLC, a U.S.-based private equity firm. The aggregate consideration payable in th...