Onex Partners to Invest in Fischbach

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 repair, renovation, & construction, aftermarket automotive, marine weather & water-sealing applications, and aerospace bonding applications. The investment has been made alongside the existing owner-management group, led by Managing Directors Thomas Langensiepen and Achim Helmenstein. Financial terms were not disclosed.

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