US-based private equity firm Mason Wells has closed the acquisition of Mullinix Packages, a sustainable packaging solutions provider in the US. Mason Wells senior managing director Tom Smith said post acquisition, Mullinix is now owned by ...
Tags: Mullinix Packages, packaging solutions, thermoformed packaging
DuPont has agreed to sell its car paint business DuPont Performance Coatings (DPC) to private equity firm Carlyle Group for $4.9bn. DPC manufactures and supplies coating systems primarily for the transportation industry covering ...
Tags: DuPont, DPC, coating systems, car paint business
US based private equity firm Apollo Global Management (APO) is said to be ahead of its rivals Philip Falcone's Harbinger Group in bidding race to purchase Aviva US life insurance and annuities unit. Sources familiar with the development ...
Tags: Apollo Global Management, Philip Falcone, bidding race
Personable Insurance, a portfolio company of Excellere Partners, has acquired Endeavor General Agency, a non-standard personal automobile managing general agency working in the US state of Texas. The deal has been finalized in May this ...
Tags: portfolio, Personable Insurance, Endeavor General Agency, acquisition
UK-based United Biscuits has completed the separation of snacks division from the rest of the operations, as a part of its plan to sell the company in parts. To lead the snacks division, United Biscuits has appointed the current president ...
Tags: snacks division, biscuits and cakes, domestic and international markets
Cyprium Investment Partners has announced about the realization of investment in Imperial Bag & Paper. The investment of the private equity firm towards Imperial's acquisition by Robert Tillis helped it grow to $275m, which came through ...
Tags: Imperial Bag, Imperial Paper, plastic packaging products
New York-based private equity firm Southport Lane, through its subsidiary Lonestar Holdco, has inked a definitive agreement with Dallas National Insurance to acquire 100% of Dallas National Insurance Company. The deal's terms and ...
Tags: Southport Lane, Lonestar Holdco, acquisition
Doncaster-based provider of outsourced services, Direct Group has completed acquisition of Simple Insurance from Leeds-based UK General for an undisclosed amount. Direct Group chief executive Derek Coles said the company offers a range of ...
Tags: Direct Group, acquisition, Simple Insurance, insurance company
French group Materne has launched a line of adult fruit snacks in the US under its GoGo Squeez brand. Materne said its Fast Fruit products,available in three flavours and sold in pouches,were targeted at the"on-the-go consumer". The ...
Tags: adult fruit snacks, pouches, consumers
New Hope, a leading agribusiness operator in China, and US-based private equity firm Blackstone are in the final round of bidding for Australia's leading poultry processor Inghams Enterprises. Second round bids are expected to be launched ...
Tags: Blackstone, poultry processor, Inghams Enterprises, bidding
PHILADELPHIA, PA(BRAIN) — Versa Capital Management LLC has purchased New Hampshire-based Eastern Mountain Sports, a 69-store retail chain. Versa, based in Philadelphia, is a private equity firm that also owns Bob's Stores, an ...
Tags: Equity Firm, Ems, Mountain Sports, store retail chain
Hostess Brands, a producer of bakery products in the US, has received clearance from the US Bankruptcy Court in New York to shut down the business and sell its assets. US Bankruptcy Judge Robert Drain authorized the liquidation process ...
Tags: Hostess Brands, Bankruptcy, BCTGM, 18500 employees
Parker Hannifin Corporation announced that it has successfully completed its previously announced transaction to acquire Velcon Filters, LLC, from The Sterling Group LP, a private equity firm. Terms of the transaction were not disclosed. ...
Tags: market view, filter
I.O. Metro's new catalog, available in print and online, has a cover shot featuring the retailer's Lalit 15-drawer chest in iron and vintage mango planks for $899.95. LOWELL, Ark. -- I.O. Metro plans to open 10 or more stores over the ...
Tags: Home Furnishings
RICHMOND, Va. -- Top 100 retailer Sleepy's Inc. and private equity firm Longroad Asset Management have emerged as the two qualified bidders for bedding retailer Mattress Discounters, but an auction scheduled for today has been postponed due ...
Tags: mattress