Olympus Partners is selling Tank Holdings Corp. to an affiliate of Leonard Green & Partners, L.P.
Tank Holdings makes polyethylene and steel containers. Stamford-based Olympus created the company in 2008 through the combination of Nebraska-based Snyder Industries and Minnesota-based Norwesco.
Los Angeles-based Leonard Green & Partners recently closed a $6.3 billion private equity fund. Its investment portfolio includes Danbury-based IMS Health Inc., Whole Foods Market Inc. and B.J.”™s Wholesale Club Inc.