Onex Corporation (TSX: OCX) is a Toronto based private equity investment firm and holding company. Today it is a publicly traded company but founder Gerry Schwartz holds 67.6% of the voting control and continues to serve as Chairman and CEO. Onex, through its portfolio of companies, is the second largest employer in Canada, after the Federal Government, with 238,000 employees.
Onex, founded in 1983 by Gerry Schwartz is headquartered on the 49th f...
more
Onex Corporation (TSX: OCX) is a Toronto based private equity investment firm and holding company. Today it is a publicly traded company but founder Gerry Schwartz holds 67.6% of the voting control and continues to serve as Chairman and CEO. Onex, through its portfolio of companies, is the second largest employer in Canada, after the Federal Government, with 238,000 employees.
Onex, founded in 1983 by Gerry Schwartz is headquartered on the 49th floor of Brookfield Place in Toronto, with a branch office in New York City.
The firm invests in a wide array of industries. It has shown a particular interest in buying the high-cost manufacturing portion of companies and turning these into low cost suppliers. In the 1980s it played this role in the auto parts industry. In 1996 it bought IBM's manufacturing division Celestica. Although the firm has majority control over most of its subsidiaries, rarely does it have whole ownership.
Onex is involved in the American health care industry, owning...
less
