FACTBOX: Key facts about Terra Firma

(Reuters) - Guy Hands, the private equity owner of EMI, plans to cut up to 2,000 jobs at the ailing British music company, in a plan to rebuild the group which has sparked fury from some of its biggest acts.

The restructuring plan by its new private-equity owners Terra Firma will save up to 200 million pounds ($392 million) a year and recast itself for the digital age.

Here are some key facts about Terra Firma, which ranks as the world's 15th-largest private equity firm:

* Formed in mid-1990S as a Nomura Group's investment firm by Guy Hands, who made his name snapping up struggling companies in some of the biggest leveraged deals of the time.

* Hands later struck it on his own in 2002 as Terra Firma Capital Partners, with Nomura as an investor.

* Since 1994, Terra Firma has invested approximately 11 billion euros ($16.3 billion), mainly in Europe in sectors as varied as waste management and aircraft leasing.

* The firm invested in a handful of bad deals too, including the ill-fated acquisition in 2001 of the Le Meridien hotel chain, whose business slumped badly following the September 11 attacks on the United States.

* Here is a timeline of its major recent buyouts:

May 2004 - Buys British waste management firm Shanks Group Plc (SKS.L) for 227.5 million pounds ($411.6 million).