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ONCAP and Griffon Corporation launched Veritage Brands, a joint venture combining Bellota Tools, Corona, Burgon & Ball, and AMES Companies. Veritage provides hand tools, home organization, and lawn and garden products globally. ONCAP affiliates hold a 57% equity interest in the new entity.
Mitsubishi HC Capital and Brookfield Asset Management formed a joint venture to acquire and operate renewable energy assets in Europe. The seed portfolio includes approximately 570 megawatts of installed capacity across six countries, with an equity value of roughly EUR 400 million. The JV may also pursue future acquisitions in Europe and Australia.
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