Weston Presidio Sells Evenflo Breastfeeding Unit To PE Firm

Law360, New York (December 10, 2012, 4:30 PM EST) -- Weston Presidio-backed baby products supplier Evenflo Co. Inc. passed its breastfeeding business to fellow private equity-backed outfit Platinum Products Holding Inc. as part of a broader plan to focus its business on other supplies for infants and older children, the company said Monday.

Financial terms of the transaction were not disclosed and Platinum Products, a portfolio company of California firm Crimson Investment, did not say how it covered the purchase of the Amedia breast pump line, which supplies products to both retail customers and hospitals....
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