FAIRFIELD, Conn. – December 04, 2015 – GE (NYSE: GE) has signed an agreement to sell its equipment lending and leasing business in Mexico to Linzor Capital Partners, a leading pan-regional private equity firm that focuses on Latin American middle market investments. The transaction includes employees of the business and represents aggregate GE ending net investment (ENI) of approximately US$1.1 billion.
Linzor was founded in 2006 and currently holds investments in the financial, education, industrial, retail, and consumer finance sectors across Latin America. In 2011, Linzor acquired GE Capital’s Trailer Fleet Services business in Mexico.
http://www.genewsroom.com/press-releases/ge-sell-mexican-equipment-lending-and-leasing-platform-linzor-capital-partners-282447
No comments:
Post a Comment