Clayton, Dubilier, and Rice is a private investment firm that has ownership stakes in Brakes (a European food supplier), Remington Arms, The Hertz Corporation, and Culligan (a provider of water treatment products), amongst other companies. It owns shares of Italtel, (one of the top eight world suppliers in digital line-switching systems), Sirva (which owns Allied Van Lines and North American Van Lines), Graphic Packaging, Inc. (a provider of paperboard packaging), VWR International (a distributor of scientific supplies), Rexel (the world's leading supplier of electrical equipment and supplies). In addition, CD&R formerly owned or had ownership in such companies as Kinko's (now FedEx Kinko's), Uniroyal Goodrich Tire Company, and Lexmark.
Timeline of Clayton, Dubilier, and Rice transactions
- June 1988 as Clayton & Dubilier, Inc., acquired Uniroyal Goodrich Tire Company,[1] 50% stake from B.F. Goodrich for US$225 million,[1] [2] and 50% from others
- 1990 Sold Uniroyal Goodrich Tire Company to Michelin for US$1.5 billion.[3]
- 1991 Acquired Lexmark
- 1993 Acquired Allison Engine
- 1993 Acquired Remington Arms
- 1993 Acquired Van Kampen Merritt
- 1994 Acquired Wesco Distribution (was Westinghouse Electric's Distribution Arm)
- 1995 Sold Allison Engine
- 1995 Acquired Alliant Exchange, Inc (now US Foodservice)
- 1995-1998 Sold Lexmark
- 1996 Sold Van Kampen Merritt
- 1998 Acquired Jafra Cosmetics
- 1998 Sold Wesco Distribution
- 1998 - 1999 Acquired North American Van Lines and Allied Van Lines (now Sirva)
- 2000 Invested in Italtel
- 2001 Sold Alliant Exchange, Inc
- 2002 Invested in Brakes
- 2003 Sold part of Remington Arms
- 2003-2004 Sold most of Sirva in public equity offering
- 2004 Sold Kinko's to FedEx
- 2004 Invested in VWR International
- 2004 Sold Jafra Cosmetics (an international cosmetics company) to Vorwerk
- 2004 Acquired Culligan
- 2005 Acquired Hertz
- 2005 Acquired Rexel
- 2007 Acquired US Foodservice
- 2007 Brake Bros sold to Bain Capital for £1.4bn
- 2007 Acquired ServiceMaster
References
- ^ a b Uniroyal Goodrich Tire Co reports earnings for Qtr to Sept 30, New York Times Archive, Published: October 14, 1988
- ^ Company News; Goodrich Outlook, REUTERS, New York Times Archive, Published: June 24, 1988
- ^ INSIDE, New York Times, Published: September 23, 1989
