PLH Group, Inc. (PLH), a portfolio company of private equity firm Energy Capital Partners, announced today that a consortium of large petroleum pipeline companies has selected Snelson Companies, Inc., a PLH company, to build 163 miles of ...
Tags: PLH, petroleum, consortium, Texas, pipeline
HJ Heinz, a US-based food manufacturer, plans a $28m expansion project at its frozen food production facility in Masillon, Ohio, which would add 249 jobs. The project comes on the heels of the company's announcement last week to close ...
Tags: Heinz, expansion project, Masillon, Ohio
Private equity firm American Securities has signed an agreement to acquire the US-based packaging and tubing materials manufacturer Tekni-Plex for an undisclosed value. The acquisition is expected to close by the end of 2013 and will be ...
Tags: Tekni-Plex, Packaging
Volcano Corporation (San Diego, CA) may be looking for a suitor as its stock has underperformed the expectations of many analysts. The company’s stock has lagged behind the S&P 500 and the Health Care Equipment & Supplies index in the ...
Tags: Volcano Corporation, Medicine
UK-based life and general insurer Aviva has embarked on a conditional agreement to divest its entire 39% stake in Eurovita Assicurazioni, to New York-based private equity firm JC Flowers, in a cash transaction valued at approximately ...
Tags: Aviva Agrees, Insurer
CBPE Capital (“CBPE”) is pleased to announce an investment in Allied Glass Containers (“Allied”), the leading manufacturer of premium glass bottles and containers for the food and drink market. Terms of the ...
Tags: CBPE, glass, Allied, manufacturer
Packaging materials supplier Sealed Air has signed a definitive agreement for the sale of its rigid medical packaging business to Mason Wells Buyout Fund III, a private equity firm, for $125m. Sealed Air's rigid medical packaging business ...
Tags: Sealed Air, Medical Packaging
Private equity firm CBPE Capital has acquired the glass bottles and containers manufacture Allied Glass Containers from Equistone Partners for an undisclosed sum. The transaction is expected to support CBPE's business with international ...
Tags: Allied Glass Containers, Equistone
Temasek, a sovereign wealth fund of the Government of Singapore, and private equity firm Hopu have agreed to purchase a $213m stake in Chinese infant formula maker Yashili International. The move comes after Yashili's parent company China ...
Tags: Temasek, Hopu, Yashili, China Mengniu Dairy
Temasek, Singapore's state-owned investment company, has teamed up with China-focused private equity firm Hopu and three private investors to acquire $213m worth stake in infant milk formula producer Yashili International. The shares will ...
Swiss food giant Nestlé has signed a deal with US-based private equity firm North Castle Partners to sell its Jenny Craig businesses in North America and Oceania, for an undisclosed amount. Established in 1983, Jenny Craig offers ...
Tags: Nestle, Diet Business
Shuanghui International, a Chinese food giant, is seeking to raise up to $6bn through an initial public offering (IPO) in Hong Kong in the second quarter of 2014. The Chinese firm recently acquired US-based hog and pork processor ...
Tags: Shuanghui International
New York-based private equity specialist AEA Investors LP is buying Siemens' Water Technologies business unit in a deal valued at €640 million. The sale includes Siemens Water Technologies' municipal, industrial and services water and ...
Campbell Soup has completed the sale of its European simple meals business to a UK private equity firm CVC Capital Partners (CVC) for €400m. The sale includes Campbell's national brands of soups, sauces and simple meals, including ...
Tags: Campbell Soup, Food
Insurance brokerage firm AssuredPartners, through its New Jersey-based subsidiary has acquired Eastern Insurance Acquisition Agency for an undisclosed sum. Pennsylvania-based Eastern Insurance Acquisition Agency provides commercial ...