Wind Point Partners, a US-based private equity firm, is looking at options to sell its portfolio company Hearthside Food Solutions in a deal which reportedly could fetch more than $1bn. The private equity firm has appointed Barclays to ...
Tags: Wind Point, Food Solutions
Danone is set to acquire 49% stake in Fan Milk, a frozen dairy products and juices manufacturer in West Africa. The French dairy firm will join Dubai private equity firm Abraaj to acquire Fan Milk in a $360m deal, reported the Financial ...
Tags: Danone, Dairy Fan Milk
Arbor Investments, a US-based private equity firm, has completed recapitalization of PBF Pita Bread Factory. Headquartered in Burnaby, British Columbia, PBF is a manufacturer and marketer of frozen baked goods. It supplies baked goods to ...
Tags: PBF Pita Bread, Arbor Investments
Carlisle Companies Inc. is selling Carlisle Transportation Products (CTP) to American Industrial Partners (AIP) of New York, N.Y., for $375 million in cash. The transaction is subject to customary closing conditions, including regulatory ...
Business owners shouldn't wait until they have to sell their business to begin the planning process, otherwise they'll "lose control of the process." Mike McCarron, M&A consultant with Wheels Group imparted that advice and more during a ...
Tags: tyre, tire, Auto Parts
"We hate it when our friends become successful," lamented Morrissey. Canada's energy industry likely shares the gloomy British singer's sentiment. Canada sits just across the border from the world's largest oil and gas market, and its ...
Tags: Chemicals, Gas, Metallurgy, Mineral, Energy
American private equity firm Crestview Partners and Chinese CITIC Capital have purchased Canadian automotive equipment company Stackpole International from Sterling Group and Current Capital. Stackpole is an automotive original equipment ...
Tags: Automotive Equipment, Crestview
rue21, inc., a leading specialty apparel retailer of girls and guys apparel and accessories, and Apax Partners, a global private equity firm, announced the completion of the acquisition of rue21 by funds advised by Apax Partners for $42.00 ...
Tags: Apax Partners, Apparel Retailer
Blue Competition Cycles' office outside of Atlanta has been closed for about two weeks and negotiations continue to sell the dormant brand, the company's former CEO told BRAIN. Blue's founders sold the company to a private equity firm ...
Tags: Transportation, bike
Switzerland-based specialty chemicals manufacturer Clariant International Ltd. has completed the sale of its Textile Chemicals, Paper Specialties and Emulsions businesses to New York City-based private equity firm SK Capital Partners for ...
Bob Evans Farms, a US-based food company, has shut down its sausage production facility in Richardson, Texas, putting more than 100 jobs at risk. The company said that its decision will allow its BEF Foods division to better manage ...
Campbell Soup has agreed to sell European simple meals business to UK private equity firm CVC Capital Partners (CVC). The €400m deal includes Campbell's national brands of soups, sauces and simple meals, including Liebig and Royco in ...
Tags: Campbell Soup, simple meals
San Francisco-based private equity investment firm Hellman & Friedman has acquired Chicago-based insurance brokerage firm, Hub International, from Apax Partners, in a transaction worth approximately $4.4bn. Commenting on the transaction, ...
Tags: insurance, investment funds
Pork Farms owner Vision Capital is fishing for prospective buyers for the chilled savoury pastry manufacturer, FoodManufacture.co.uk can exclusively reveal. Pork Farms makes chilled savoury pastry products The private equity firm, with ...
Tags: Agriculture, Food, Pork
Swiss food giant Nestlé is considering options to divest its PowerBar energy bars brand, as it is facing stiffened competition from other brands. The sale could fetch millions of dollars to Nestlé, reported Reuters citing ...
Tags: Energy Bars, Food