Four Corners Property Trust (FCPT) has acquired a Taco Bell restaurant property in New Mexico for $396,000 dollars from Brookfield Properties. The Taco Bell restaurant property is an outparcel to a mall owned by Brookfield Properties. The property is o…
US fresh egg producer Cal-Maine Foods has wrapped up its previously announced acquisition of certain assets of Mahard Egg Farm, pertaining to the latter’s commercial shell egg production, processing, distribution and sale of shell eggs business. As per the latest food acquisition news, the acquired assets are commercial shell egg production and processing facilities that […]
Global confectionery company Ferrero has inaugurated its new distribution center in Jonestown, Pennsylvania to support its organic growth and integration of new brands. The 730,000 square-foot facility, which is located at 112 Bordnersville Road, will offer 225 local jobs with 75 new positions this year and a further 150 jobs by the end of next […]
United Bankshares acquisition of Carolina Financial : United Bankshares, the parent company of United Bank, has signed a deal worth around $1.1 billion to acquire Carolina Financial, the parent company of CresCom Bank, as per the latest banking acquisi…
US beauty company Coty has agreed to acquire a 51% stake in Kylie Cosmetics and Kylie Skin, the makeup and skincare businesses of American celebrity Kylie Jenner for $600 million. The transaction is part of a long-term strategic partnership between Coty and Kylie Jenner with an objective to build and further develop the latter’s beauty […]
National Realty Investment Advisors (NRIA) has started construction on the $49 million The Station, a luxury high-rise project in West New York, New Jersey’s business district, as per the latest construction industry news. The mixed-use project, …
Transition Metals Corp has acquired a 100% stake in the Fostung tungsten property located near the town of Espanola about 70 kilometres southwest of Sudbury in Ontario, Canada, as per the latest mining acquisition news. The Fostung Property hosts a his…
European retail sector investor Alteri Investors has agreed to acquire Blue Group, the UK furniture retailing business of South African retail company Steinhoff International, as per the latest retail acquisition news. Blue Group is the owner of Bensons for Beds, Harveys Furniture and upholstery and bedding manufacturers Relyon, Steinhoff UK Beds and Formation Furniture. Louis […]
ACProducts (acpi) has agreed to acquire Masco Cabinetry from Masco Corporation, a Michigan-based manufacturer of branded home improvement and building products, for $1.0 billion. Headquartered in Ann Arbor, Masco Cabinetry is engaged in the manufacturing and sales of semi-custom, stock and value-priced assembled cabinetry for storage, kitchen, bath, home office and home entertainment applications in […]
The Netherlands-based Avansya has started production at its new $50 million fermentation facility in Blair, Nebraska of EverSweet – a non-artificial, zero-calorie stevia sweetener. The Avansya fermentation facility will produce sweet-tasting molecules like Reb M and Reb D, the ingredients to make EverSweet. The stevia sweetener factory is expected to provide food and beverage producers […]