Compass Diversified Sells Majority-Owned Unit Ergo Baby Carrier to Highlander Partners

MT Newswires Live

2024/12/30

Compass Diversified (CODI) said Monday it completed the sale of its majority-owned subsidiary The Ergo Baby Carrier to Dallas, Texas-based private investment firm Highlander Partners.

Financial details were not disclosed.

Compass Diversified said it would use proceeds to pay down debt and for general corporate purposes.

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