OMERS Private Equity and a consortium equity group, including the Caisse de dépôt et placement du Québec, have sold their ownership of Cari-All Group Inc. to German manufacturer Wanzl Metallwarenfabrik GmbH. Cari-All is a leading manufacturer and distributor of shopping carts, shelving and backroom equipment.
The sale price wasn’t disclosed, but Jim Orlando, managing director with OMERS Private Equity, said in a statement that Cari-All had been an “excellent investment” since OMERS acquired it in 2005.
Cari-All has two manufacturing plants. One is in Montreal, where Cari-All’s headquarters is also located; the other is in North Carolina. It has about 800 employees, according to the company’s website.
© Copyright 2012 Rogers Publishing Ltd.
Originally published on benefitscanada.com
