Downer & Company Advises Automatic Products International, Ltd., On Sale To Crane Co.
Downer & Company, LLC, an international investment banking firm specializing in middle-market cross border acquisitions and divestitures, is pleased to announce the sale of Automatic Products International, Ltd., a leading manufacturer of glassfront automatic merchandising machines, to Crane Co., of Stamford, Connecticut. The transaction was valued at $31 million and closed on June 16, 2006.
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