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Tag: acquisition
UPDATE 1-Safeway acquisition boosts Sobeys owner Empire's profit
2014-12-13 14:02:21| Grocery - Topix.net
Empire Co Ltd, the owner of Canadian grocery chain Sobeys Inc, reported a better-than-expected quarterly profit, boosted by its acquisition of the Canadian assets of U.S. supermarket chain Safeway Inc. Empire's shares, which have rallied in the run-up to the results, were down 2 percent at C$83.72 in midday trading on the Toronto Stock Exchange. It reached a record high of C$86.49 earlier in the session.
Tags: update
owner
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acquisition
DS Services Announces Closing Of Acquisition Of Its Parent Company By Cott Corporation
2014-12-13 13:42:15| Beverages - Topix.net
In addition, the acquisition is expected to broaden the distribution platform of Cott by adding a national direct-to-consumer distribution channel with the approximately 2,100 customer routes operated by DS Services. "The DS Services acquisition accelerates Cott's diversification strategy and shifts the company from a primarily CSD and shelf stable juice beverage business to a diversified beverage provider across multiple channels with improved margins and growth outlook," said , Chief Executive Officer of Cott.
Tags: services
company
corporation
parent
Ingersoll Rand to Expand Reefer Business with Frigoblock Acquisition
2014-12-13 03:30:02| Automakers - Topix.net
Ingersoll Rand said it has agreed to purchase Frigoblock, a European manufacturer of transport refrigeration units, for 100 million euros . The diversified industrial company said it expects the acquisition to close in the first half of 2015.
Tags: business
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acquisition
rand
Ingersoll Rand to Expand Reefer Business with Frigoblock Acquisition
2014-12-13 03:05:06| Industrial Machines - Topix.net
Ingersoll Rand said it has agreed to purchase Frigoblock, a European manufacturer of transport refrigeration units, for 100 million euros . The diversified industrial company said it expects the acquisition to close in the first half of 2015.
Tags: business
expand
acquisition
rand
EXCLUSIVE: Scribe Solutions CEO talks about acquisition by General Employment Enterprises
2014-12-12 23:12:41| IT Services - Topix.net
General Employment Enterprises, a large national staffing firm based in Chicago, is acquiring Scribe Solutions Inc. - one of the fastest-growing companies in Jacksonville. As part of the deal, General Employment will also make Scribe's CEO Derek Dewan the top executive at the publicly traded General Employment , a move that is expected to position the larger company for significant market growth.
Tags: general
solutions
enterprises
employment
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