Acument® Completes Divestiture Of Avdel And GEC Business Units

LOS ANGELES, CA (August 3, 2010) – Platinum Equity today announced that Acument Global Technologies has completed the sale of Acument’s Avdel and Global Electronics & Commercial (GEC) business units to Asia Trading Company Limited, a company owned indirectly by funds advised by CVC Asia Pacific and Standard Chartered Private Equity Limited (SCPEL). Terms of the divestiture were not disclosed.

This entry was posted in News. Bookmark the permalink.