Nov. 25, 2007 ― American Standard Bath & Kitchen Further Divided
Private
investment firm Sun Capital Partners Inc. said its affiliate has formed an
agreement to have controlling interest in the Global Bath and Kitchen business
of American Standard Americas, recently formed by Bain Capital Partners through
its acquisition of the K+B segment of American Standard Cos. Inc.
Sun
Capital has previous acquisitions of Crane Plumbing LLC and Eljer Inc. by other
Sun Capital affiliates. Terms and financial details of this most recent
agreement have not been disclosed.