Barnes Group

Apollo Funds has completed the acquisition of Barnes Group © Barnes

Barnes Group acquired by Apollo Funds in US$3.6 billion all-cash deal

Barnes Group (Barnes), a global provider of highly engineered products, differentiated industrial technologies and innovative solutions, and Apollo, the global alternative asset manager, have announced the completion of the previously disclosed acquisition of Barnes by funds managed by affiliates of Apollo (Apollo Funds). The all-cash transaction carries a total enterprise value of approximately US$3.6 billion.

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