/PRNewswire/ The "Smart Elevator Market by Offering, and End Use - Global Forecast to 2028" report has been added to ResearchAndMarkets.com s offering..
[December 31, 2020]
Golden Gate Capital Announces Investment in Covia
Golden Gate Capital, a leading private equity investment firm, today announced that it has invested in Covia, which successfully completed its financial restructuring and emerged from Chapter 11 today. Through its restructuring, Covia has reduced its long-term debt by approximately $750 million and its fixed costs, including railcar obligations, by an additional $300 million.
Covia is a leading provider of mineral-based material solutions for the industrial and energy markets and is headquartered in Independence, Ohio. Covia, which is committed to safety and sustainability, offers a broad array of high-quality mineral and material products to its customers, leveraging an extensive network of plants and terminals located across North America.