GRAND RAPIDS — The new owner of Schuil Coffee Co. LLC hopes to leverage nearly two decades of experience in the packaged food and e-commerce industries to grow the 36-year-old roastery.
Members of the DeVos family are increasing their investment play in the craft beverage industry with the acquisition of a majority interest in a Newaygo County maker of hard ciders, MiBiz has learned.
Here is the MiBiz Growth Report for Oct. 17, 2016:
• M&A: Grand Rapids-based Ranir LLC, a manufacturer of a variety of oral care products, has acquired Toronto-based BrushPoint, a maker of toothbrushes. In the deal, for which terms were not disclosed, Ranir will increase its product offerings and distribution footprint in the U.S., Canada and Europe. The BrushPoint acquisition comes on the heels of a deal in July of this year in which Ranir purchased the Rembrandt teeth-whitening brand from Johnson & Johnson Consumer Inc. Last month, the company also said it had purchased the 200,000-square-foot facility at 4701 East Paris Ave. SE where it had been a tenant for 20 years.
Months after initiating a deal with Windquest Group, the family investment office for Dick and Betsy DeVos, Holland-based Coppercraft Distillery LLC has expanded with a tasting room in Saugatuck.