ies. 1980s Acquired the Uniroyal Power Transmission Company. 1996 The Company was acquired by the British-based Tomkins plc, which became a part of Pinnafore Group in 2000s. 2003 Changed its name to Gates Corporation. Aug. 2011 Divested its Powertrain business to Sterling Group. Jul. 2014 Pinafore Holdings, the Company's parent company, was acquired by private equity funds managed by Blackstone, an investment and advisory firm. Jan. 2...

Major Suppliers  Updated at: 2024/09/25

Gates to be purchased by Blackstone Private equity funds managed by Blackstone, an investment and advisory firm, entered into a definitive purchase agreement with affiliates of Onex Corporation and Canada Pension Plan Investment Board to acquire all of the equity interests in Pinafore Holdings B.V., the parent company of Gates Corporation. The transaction is expected to close later this year. The aggregate consideration payable in the transaction...

News  Updated at: 2014/04/04

Pinafore complets sales of Dexter Axle business Tomkins plc announced that its parent company Pinafore Holdings B.V. closed on the sale of certain of its indirect subsidiaries that comprise the Dexter Axle business to Dexter Axle Acquiror Company pursuant to a definitive purchase agreement dated September 27, 2012. Dexter Axle Acquiror Company is an affiliate of The Sterling Group, a private equity firm based in Houston, Texas, the U.S. The aggre...

News  Updated at: 2012/11/01

Tomkins to sell Dexter Axle business Tomkins plc announced that an affiliate of The Sterling Group, a private equity firm based in Houston, Texas, the U.S., 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 Dexter Axle business. The aggregate consideration payable in the transaction will be approximately 360 million USD. The cl...

News  Updated at: 2012/09/27

Tomkins completes sale of Schrader division Tomkins plc announced that on April 27, 2012, Pinafore Holdings B.V. closed on the sale of certain of its indirect subsidiaries that comprise its Schrader division to August Lux Holding Company, which is affiliated with U.S.-based Madison Dearborn Partners, LLC. (From a press release on April 27, 2012)...

News  Updated at: 2012/04/27

Tomkins to sell Schrader division to U.S.-based private equity firm 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 consideratio...

News  Updated at: 2012/03/15

Tomkins to sell clamp business Tomkins plc announced that its parent company Pinafore Holdings B.V. sold its Ideal Clamps business, which designs and manufactures worm drive and specialty hose clamps for various industries such as automotive. The disposal included certain subsidiaries in the US, Mexico, China and Germany. (From a press release on October 27, 2011)...

News  Updated at: 2011/10/27