Platinum Equity takes majority stake in Caterpillar’s 3PL business

  • Friday 11 May 2012, 15:48

PRIVATE equity investor Platinum Equity has assumed a 65% stake in Caterpillar’s third-party logistics business for $750m.The investment continues a spate of expansion in Platinum’s transportation and logistics portfolio in the past 18 months. At the end of 2010, Platinum bought out...

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