Announced
Completed
Financials
Tags
Private
Private Equity
Single Bidder
Majority
Friendly
metal parts
Singapore
Completed
Cross Border
Machinery: Specialty
Acquisition
machinery
Synopsis
Blackstone completed the acquisition of Interplex, a manufacturer of precision metal parts based in Singapore, from Baring Private Equity Asia, a private equity firm, for $1.6bn. “Interplex is a global leader in developing innovative interconnect solutions targeting key markets that we believe have attractive growth prospects – markets such as EVs and future mobility, healthcare, and digital infrastructure. This investment reflects Blackstone’s continued global focus on investing in leading companies that are well positioned in what we refer to as good neighborhoods. We are very pleased to partner with a world-class management team and look forward to supporting Interplex on its next phase of growth," Ed Huang, Blackstone COO of Asia Private Equity.
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