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Private equity firm buys rotomolders Snyder Industries and Norwesco

LOS ANGELES (July 9, 3:55 p.m. ET) — Rotational molders Snyder Industries Inc. and Norwesco Inc. have a new owner. Los Angeles-based private equity group Leonard Green & Partners purchased the two companies — joined under the operating name Tank Holding Corp. in 2008 — from private equity company Olympus Partners.

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