AEA Enters Into Definitive Agreement To Sell CPG International Inc

Monday, 19 Aug 2013 07:30am EDT 

CPG International Inc announced that it has entered into a definitive agreement to be acquired by funds managed by Ares Management LLC and Ontario Teachers' Pension Plan (Teachers) from funds advised by AEA Investors LP. Senior management will retain a minority stake. Terms of the transaction were not disclosed, and the close of the transaction is subject to regulatory approval and other customary closing conditions.