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Sunday, 15 February 2015 13:44

MiBiz Growth Report: Feb. 16, 2015

Written by  MiBiz Staff
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Here is the MiBiz Growth Report for Feb. 16, 2015.

• M&A: Keller Ford Kia Services LLC in Grand Rapids finalized a deal to sell its Kia franchise to Bill Doraty, former owner of Bill Doraty Kia in suburban Cleveland, Ohio. Doraty renamed the franchise as Kia of North Grand Rapids and relocated it to 4575 Plainfield Avenue NE. The new location, once home to a Toyota dealership, had been vacant for years. Grand Rapids-based Visser Brothers Inc. provided construction management services for the buildout of the facility. Terms of the deal were not disclosed. Keller Ford will retain all 60 employees. Doraty expects to hire about 25 people to staff the new dealership, which he expects to move 75 to 100 new cars per month.

M&A: Grand Rapids-based foodservice supplier Gordon Food Service Inc. acquired the family-owned Halperns’ Steak and Seafood Co. of Atlanta in January, according to a statement. Halperns’ has about 600 employees and operates four production and distribution facilities in Atlanta, Baltimore, Orlando and Fort Lauderdale. For GFS, the deal bolsters the company’s capabilities in fresh meat and seafood, CEO Jim Gordon said in a statement.

• M&A: A subsidiary of Grand Rapids-based Universal Forest Products Inc. has acquired certain assets of Rapid Wood Mfg. LLC of Caldwell, Idaho, according to a statement. Rapid Wood is a supplier of lumber products for the manufactured housing and recreational vehicle sectors. The business is expected to generate sales of $4 million this year. The deal is Universal’s second in 2015 after it acquired a majority interest in Brisbane, Australia-based Integra Packaging Proprietary Ltd. in January.

• M&A: Carson Health in Montcalm County has been acquired by Sparrow Health of Lansing. The deal formally brings the 61-bed Carson Health into the Sparrow Health organization after it had been an affiliate of the system since 1997. The move was effective Feb. 1. Sparrow Health also operates hospitals in Ionia and St. Johns, north of Lansing. Carson Health will start adopting the Sparrow Health branding, which will roll out over the next few months, the company said in a statement.

• M&A: Jackson-based MiraMed Global Services LLC, a health care business process outsourcing provider, acquired On Call Consulting LLC of Thousand Oaks, Calif., according to a statement. OCC is a provider of health information management consulting services.

• Expansion: Brooklyn, N.Y.-based West Elm, a home decor and furniture retailer and a part of the Williams-Sonoma Inc. brand, announced plans to open a store in the Breton Village shopping center. The buildout of the 10,000-square-foot space is expected to begin in March at the upscale shopping center developed by CWD Real Estate Investment. The location will be West Elm’s first West Michigan store and its second store in the state.

• Expansion: Grandville-based MFP Automation Engineering Inc. has purchased the cantilevered building at 4404 Central Parkway in Hudsonville for its new headquarters, according to a statement. The building had been the headquarters for now-bankrupt Lamar Construction Co. Terms of the deal were not disclosed. MFP bought the reportedly 45,000-square-foot building under the entity Betten Real Property LLC from Holland-based Erector LLC.

Read 2095 times Last modified on Monday, 08 June 2015 10:53

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