By Dan Primack
June 28, 2012

The Blackstone Group and BC Partners will not make a sweetened offer for frozen foods group Iglo, according to Reuters. Iglo owner Permira had rejected a €2.5 billion offer from the firms earlier this week, saying that it was seeking €2.8 billion. www.permira.com

GCP has sponsored a management buyout of Excelsior Technologies, a UK-based flexible packaging manufacturer. No financial terms were disclosed. www.exceltechuk.com

Graham Partners has led an acquisition of Henry Co., an El Segundo, Calif.–based maker of roofing and building envelope products and systems. No financial terms were disclosed. OceanBridge Partners.www.henry.com

Rugby Architectural Building Products, a portfolio company of Leading Ridge Capital Partners, has acquired Lumber Products, a Tualatin, Ore.-based industrial building products and door distributor.www.lumberproducts.com

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