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Home > Company Index > Financial Services > Investment Firms > Onex Corporation

Onex Corporation
 NEWS FROM THE WIRES
Canada urged to up airline foreign ownership limit
Jul 18 2001 02:27 PM PDT

More WIRE STORIES about this company

 PROFILE
Is Onex a shopaholic? The investment firm has interests in companies in about half a dozen business sectors. Key segments include electronics, manufacturing services, and auto products; its holdings include ClientLogic (customer service management); MAGNATRAX (building products), and Lantic Sugar (sugar processing). The company plans to buy troubled theater chain Loews Cineplex and sold airline catering concern Sky Chefs to Lufthansa. Onex is also active in investment funds and partnerships. Chairman and CEO Gerald Schwartz controls more than half of the voting shares of Onex.

 COMPETITION
Counsel Corporation (CXSN)
Heico Acquisitions Inc. (dossier)
Thomas H. Lee Company (dossier)

 DEALS
Deal: Onex Invests in eCommercial.com
Date Announced: 10.12.99
Value of transaction (US $Mil): 11
Description: Funds for online marketing firm that provides digital commercials.

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 16,367.10
1-Yr. Sales Growth: 40.4%
Employees: 97,300
Revenue per employee: $168,212.74

 KEY PEOPLE
• Gerald W. Schwartz
    CEO
• Ewout R. Heersink
    CFO

 CONTACT INFO
161 Bay St., 49th Fl., PO Box 700
Toronto Ontario M5J 2S1, Canada
Phone: 1-416-362-7711
Fax: 1-416-362-6803
Online: Web Site

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