Sun Capital Partners sells American Standard Brands to LIXIL Corp.

Private equity firm Sun Capital Partners agreed to sell kitchen and bath company American Standard Brands to Japan's LIXIL Corp. for $542 million, a deal that more than doubles Sun's original investment.

“Private equity firm Sun Capital Partners last week agreed to sell kitchen and bath company American Standard Brands to Japan’s LIXIL Corp., in a $542 million deal that more than doubles Sun’s original investment.”

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