Clearlake Capital Group completes acquisition of Futuris Automotive

News
M&A

Clearlake Operating Advisor Merv Dunn joins board as Futuris pursues growth opportunities in the global seating and interior systems market.

Clearlake Capital Group, L.P. , together with its affiliates, (Clearlake) today announced that it has completed the acquisition of Futuris Automotive from Elders Limited. The transaction was first announced on July 31, 2013. Clearlake also announced that Clearlake Operating Advisor and automotive industry veteran Mervin Dunn has joined the Futuris board of directors as Co-Chairman.

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