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Onex closes acquisition of KraussMaffei

By: Frank Esposito

TORONTO (Dec. 28, 4 p.m. ET) — Toronto private equity firm Onex Corp. has completed its $732 million purchase of German plastics machinery maker KraussMaffei Group. Onex officials confirmed completion of the deal in a Dec. 28 news release. The transaction first was announced in September.

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