Announced
Synopsis
Macquarie Asset Management, a financial services group, UniSuper, a superannuation fund, and Partners Capital, an OCIO firm, agreed to acquire a majority stake in Potters Industries, a provider of engineered glass beads and microspheres, from TJC, a private investment firm. Financial terms were not disclosed. "We believe Potters is well-positioned to benefit from long-term sector tailwinds associated with road modernization and safety and growth in broader infrastructure markets making it a strong fit within our specialized strategy," Andrew Olinick, Macquarie Asset Management Senior Managing Director.
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