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Old 01-31-2024, 01:13 PM
mgarblik mgarblik is offline
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Join Date: Mar 2005
Posts: 6,119
Default Sunnen Products Co. sold to private equity firm

Sunnen, the world leader in honing technology was just sold to a private equity firm P4G Capitol Partners. WOW! After over 100 years in St. Louis and dozens and dozens of patents, the company will be ruined in a matter of months IMO. I expect like all the other private equity firms, anyone making a living wage will be terminated, production moved from St. Louis to China, and the only thing remaining will be the name and skyrocketing prices. Joe Sunnen must be rolling in his grave. Here is P4G's current portfolio. I especially like Unique Elevator Interiors!!. What a joke. http://www.p4gcap.com/portfolio.html

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