Parent Company of Aramith Acquires the C.L. Bailey Co.
The Armand Capital Group, a Chicago private equity firm and parent company of Belgium-based Saluc SA, maker of the famous Aramith billiard balls (www.aramith.com), has acquired the C.L. Bailey Co., a Marionville, MO, manufacturer and distributor of pool tables, gameroom furniture, and billiard accessories. Terms of the transaction were not disclosed.