PRINT THIS PAGE Carlyle acquires UK children's car seat and pushchair maker Britax Childcare for £230m05/09/2005. Source: AltAssets. 
 US private equity giant The Carlyle Group has agreed to acquire Britax Childcare, a manufacturer of premium branded children's car safety seats, for £230m from Britax International. Bids for the company were also submitted by ABN AMRO, Montagu, PPM, 3i, according to reports.
UK-headquartered Britax Childcare has operations in North America, Australia and Germany. The company employs 900 staff. In 2004 Britax Childcare generated revenues of approximately £120m.
Carlyle managing director Glenn Youngkin said, 'Britax has an excellent position in a strong market. We have been very impressed with the company and its experienced management team, and look forward to working closely with the team to continue to build the business.'
Carlyle will invest in this acquisition through its $2.2bn European buy-out fund, Carlyle Europe Partners II.
Carlyle has over $30bn under management and invests in buy-outs, growth capital, real estate and leveraged finance in North America, Europe and Asia, focusing on a range of sectors including aerospace, automotive & transportation, consumer & retail, and technology & business services.
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