Aug
29
Crowne Is Considering $800 Million Windshield Wiper Unit Sale
By-
Auto parts maker has talked to advisers about selling Trico
- Crowne bought Trico from private equity firm Kohlberg in 2014
Auto parts manufacturer Crowne Group LLC is considering an $800 million sale of windshield-wiper blade maker Trico Group, people with knowledge of the matter said.
The closely held conglomerate has held talks with investment banks about a sale of its Trico unit, said the people, who asked not to be identified because they weren’t authorized to speak publicly. A final decision hasn’t been made and Crowne could elect to keep the business…
Crowne Is Considering $800 Million Windshield Wiper Unit Sale
