Displaying items tagged: mergers and acquisitions

WYOMING — A Grand Rapids-area manufacturer of planters will be relocating to Nebraska after a sale to Headwind Consumer Products. 

ALLEGAN — Perrigo Co. plc today closed on the $750 million cash acquisition of Grand Rapids-based Ranir Global Holdings LLC.

GRANDVILLE — West Michigan Dermatology has acquired The Dermatology Center of Grand Rapids PC.

Here is the growth report for June 24, 2019.

Spartan Motors Inc. is expanding its manufacturing operations into the West Coast with the purchase of a Los Angeles-area commercial truck body maker.

GRANDVILLE — Battcom Inc., a provider of industrial and commercial batteries and chargers, has sold to a Redford, Mich.-based Alpine Power Systems Inc.

Fuel distributor Crystal Flash has expanded along the lakeshore with the acquisition of Kohley’s Superior Propane Inc. in Muskegon.

Nichols Paper & Supply Co. expanded its presence in northeastern Ohio with the acquisition of Cleveland-based DawnChem Inc., a supplier of janitorial and commercial cleaning supplies.

GRAND RAPIDS — Within the next 20 years, the need for the types of services provided by D.A. Blodgett-St. John’s is projected to double.

Here is the growth report for June 10, 2019.

Whirlpool Corp. has finalized the sale of its Vessi Fermentor brand to 80West Labs, a Chicago-based venture capital firm.

Northpointe Bancshare Inc. raised $25 million in capital through a private placement of common stock with Castle Creek Capital LLC, a private equity firm based in Rancho Santa Fe, Calif., north of San Diego.

GRAND RAPIDS — Executives at Ranir Global Holdings LLC put a plan in place four years ago to grow the company and prepare for investors’ eventual exit. By 2018, as the world’s largest producer of private-label store-brand oral care products grew sales and earnings at double-digit rates, management started exploring various options, including the potential for an IPO.

GREENVILLE — When the third-generation owners of what’s today known as Stafford Media Inc. decided to sell the publishing and commercial printing company that had been in their family for 68 years, they went to great lengths to vet potential buyers.

Here is the growth report for May 26, 2019.

Grand Rapids-based iEducation Group, formerly known as Fusion Education Group, an operator of private middle schools and high schools that offer personalized education, has acquired Futures Academy of California.

Compliance One LLC of Kalamazoo has acquired Rockton, Ill.-based Keyes Life Safety Compliance LLC.

Here is the growth report for May 12, 2019.

Perrigo Co. plc intends to use the proceeds from the sale of its animal health business to buy Ranir Global Holdings LLC, a Grand Rapids-based maker of oral care products.

Perrigo Co. plc plans to see off its animal health business for $185 million in cash to PetIQ LLC, an Eagle, Idaho-based pet health and wellness company.

Rose Street Advisors LLC of Kalamazoo has acquired HRM Innovations LLC, a human resources consulting and training firm.

C.N.C. Products LLC, a Southwest Michigan sheet metal fabricator, has been acquired by Indiana-based private equity firm Parker Holding Inc.

Ensign Equipment Inc., a bulk-material handling and storage systems producer based in Holland, Mich., has been acquired by Muskegon-based Excalibur Co. LLC.

South Bend, Ind.-based Teachers Credit Union plans to acquire New Bancorp Inc., the parent company of New Buffalo Savings Bank.

Japanese conglomerate Hitachi Ltd. plans to acquire Holland-based JR Automation Technologies LLC in a $1.42 billion deal.

The second-generation family-owned MultiState Insurance Center Inc. agency has signed a definitive agreement to sell to a Texas-based independent life insurance and health insurance firm.

Founders Brewing Co. has partnered with its Spanish investors to acquire a majority stake in a Colorado-based craft brewer.

Battle Creek-based Kellogg Co. is selling off Keebler, Famous Amos and other snack brands in a move to reshape it product portfolio.

Here is the MiBiz Growth Report for March 31, 2019.

Sparta-based ChoiceOne Financial Services Inc. plans to merge with Lapeer-based County Bank Corp. in a deal that would create a bank with a combined $1.28 billion in assets.