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Tomkins Will Sell Dexter Axle Business for $360M to Sterling Group

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On September 27, 2012, an affiliate of The Sterling Group, a middle market private equity firm based in Houston, Texas, entered into a definitive purchase agreement to acquire all of the equity interests in certain indirect subsidiaries of Pinafore Holdings B.V. (the “Company”) that comprise the Company's Dexter Axle business.

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