Wednesday, January 20, 2021
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Tag: Mergers & Acquisitions

Fairfield

HR consulting colossus created

Alexander Soule -
Towers Perrin to combine with Watson Wyatt
Food & Beverage

PepsiCo makes $6 billion bid for bottlers

John Golden -
PepsiCo Inc. makes $6 billion bid to acquire its two largest bottlers including The Pepsi Bottling Group in Somers.
Mergers & Acquisitions

Prudential Rand acquires Wolff Century21

Kelly Liyakasa -
Prudential Rand Realty acquired the three remaining offices of Wolff Century21...
Banking & Finance

See Spot merge

Alexander Soule -

Norwalk children’s publisher Trudy Corp. is merging with PCS Edventures!.com Inc., with the Boise, Idaho-based company issuing Trudy shareholders $2 million in stock and agreeing to assume $2.8 million in Trudy debt.

Mergers & Acquisitions

Chilly merger for Carrier

Editorial Staff -

Carrier Corp. of Farmington and G & L Beijer AB have combined their business operations in refrigeration wholesale distribution.

Mergers & Acquisitions

Pitney consolidates two units

Editorial Staff -

Pitney Bowes Inc. and its software division have combined Pitney Bowes MapInfo and Group 1 Software into a single business unit called Pitney Bowes Business Insight.

 

Health Care

Pfizer acquires Wyeth Pharmaceuticals

Kathy Kahn -
In a deal between Pfizer (NYSE:PFE), headquartered in Manhattan, and Wyeth Pharmaceuticals (NYSE:WYE) in Pearl River, the two drug manufacturers announced a merger agreement in a press release dated Jan. 26.
Mergers & Acquisitions

Emcor buys N.C. contracting company

Editorial Staff -
Emcor Group Inc. of Norwalk has acquired L.T. Mechanical Inc., a mechanical and plumbing contractor and service provider headquartered in Charlotte, N.C. 
Banking & Finance

Accounting firms merge

Alexander Soule -

Shelton-based Nishball, Carp, Niedermeier, Pacowta & Co. P.C. is merging with BlumShapiro, which has offices in West Hartford and Fairfield.

Mergers & Acquisitions

Altria reportedly to shutter UST offices

Alexander Soule -
Altria Group Inc. completed its $10.4 billion acquisition of UST Inc., spelling the end of the smokeless tobacco maker’s Stamford headquarters.
Mergers & Acquisitions

Business Briefs

Mary Sue Iarocci -

Rye-based Jarden Corp. has been named to BusinessWeek’s list of the world’s most influential companies.

Mergers & Acquisitions

Lender opens branch in White Plains

John Golden -
Metrocities Mortgage, a national direct lender and mortgage broker based in Sherman Oaks, Calif., has opened a branch office at 333 Westchester Ave. in White Plains.
Mergers & Acquisitions

3M and Beiersdorf ink pact

Alexander Soule -
3M Co. is acquiring a line of athletic braces from Beiersdorf AG, which employs 100 at Beiersdorf’s U.S. headquarters in Wilton and at an Ohio manufacturing facility.
Mergers & Acquisitions

Fujifilm buys Carolina-based image company

Alexander Soule -
Fujifilm Medical Systems USA Inc. acquired Empiric Systems L.L.C., a Morrisville, N.C.-based company whose software is used to manage digital images at more than 250 radiological clinics and hospitals.
Mergers & Acquisitions

Purdue Pharma remains a potent force

Alexander Soule -
These days, it might come as a surprise to hear of a company with $50 million to lend, while simultaneously undertaking an expansion of a manufacturing site.
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