Merger & Acquisition News

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group®, a leading global financial services provider, today announced an exciting new chapter in their ongoing expansion of their global pension footprint as Principal® acquires a minority ownership stake (17.647%) in China Construction Bank (CCB) Pension Management Co., Ltd. (CCBP), CCB’s pension business with the Social Security Fund of China (SSF). CCB will remain as the majority shareholder of CCBP with a 70% interest and an additional...

NORTH MANKATO, Minn.--(BUSINESS WIRE)--Taylor Corporation announced today that they have joined forces with Acrylic Design Associates (ADA). As one of the largest graphic communications firms in North America, Taylor works with global brands to innovatively connect them with their customers throughout their entire journey. ADA is a premier, large-scale manufacturer and merchandiser of signage, fixtures and architectural elements across a variety of industries throughout the United States. ADA i...

NORTH MANKATO, Minn.--(BUSINESS WIRE)--FolderWorks, a Navitor, Inc., company, has reached an agreement to acquire Epoly Corporation. Headquartered in Naples, Florida, Epoly provides custom-imprinted folders, envelopes, folios and other document organization products to the promotional marketing industry. All of Epoly’s products are manufactured from durable, moisture-resistant and recyclable polypropylene. “We’re thrilled because Epoly Corporation is so well known in the industry for their prod...

METUCHEN, N.J. & CLEARWATER, Fla.--(BUSINESS WIRE)--OriginClear’s Water On Demand Subsidiary Signs Letter of Intent to Merge With Fortune Rise Acquisition Corporation....

NASHVILLE, Tenn.--(BUSINESS WIRE)--Montecito Medical, a leading acquirer of medical office properties nationwide, has completed the acquisition of a 34,369 square-foot building in Indianapolis, IN. The building is tenanted by the Midwest Center for Joint Replacement, which uses the property for orthopedic clinical care, orthopedic surgeries and physical therapy. “This is an outstanding real estate asset that offers key attributes we seek, including a great location and long-term tenancy by a le...

HEIDELBERG, Germany--(BUSINESS WIRE)--Bruker Corporation (Nasdaq: BRKR) today announced the acquisition of ACQUIFER Imaging GmbH, a pioneer in big-data management solutions for bioimaging and high-content microscopy. This acquisition adds high-performance on-premise processing, secure storage and networking technology that complements Bruker’s advanced fluorescence microscopy imaging products, such as light-sheet and super-resolution microscopy products, which generate high information content....

LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE:BFA,BFB) announced today that it has completed its acquisition of the Diplomático Rum brand and related assets from Destillers United Group S.L. (Spain). The company announced its agreement to purchase the brand in October 2022, giving Brown-Forman an entry into the growing super-premium+ rum category. “Brown-Forman’s super-premium portfolio continues growing to meet the preferences of global spirits consumers,” said Lawson Whitin...

ATLANTA--(BUSINESS WIRE)--FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, completed the acquisition of Global Reach Group, a UK-based cross-border payments provider. With the acquisition, FLEETCOR increases its cross-border payments scale and strengthens its position as a leading non-bank B2B global cross-border payments provider. Global Reach Group facilitates international payments for customers of all sizes across a variety of industries. This acquisition...

SAN FRANCISCO--(BUSINESS WIRE)--Wag! Group Co. (the "Company” or “Wag!”; Nasdaq: PET), which strives to be the #1 platform for busy pet parents, offering on-demand access to 5-star pet care, pet insurance options, and expert pet advice, today announced the successful completion of its acquisition of Dog Food Advisor assets from Clicks and Traffic LLC (“Dog Food Advisor”) for cash consideration of $9 million. The acquisition was previously announced on January 3, 2023 and will expand Wag!’s reac...

SACRAMENTO, Calif.--(BUSINESS WIRE)--Inszone Insurance Services, a rapidly growing, national provider of benefits, personal and commercial lines insurance, announced today the acquisition of Employers Choice Insurance Services Inc. Founded in April of 1998 by Gary Menely, Employer’s Choice Insurance Services has become the go to agency for Workers Compensation in Oceanside and the surrounding areas. Through the years Mr. Menely has been successful at turning Employer’s Choice into one of Califo...