Unipart Group Australia Pty. has officially acquired the former Schaeffler Rail Bearing reconditioning business in Auburn, New South Wales, effective 12 August 2024. This strategic move underscores Unipart’s commitment to expanding its capabilities in the Australian rail sector. Expansion into Rail Maintenance The business, originally known as Bearing Engineering Services Ltd., was established in 1991 […]
Moore, a marketing solutions provider, has acquired Worcester Envelope Company, which specializes in custom envelope manufacturing. The financial terms of the deal were not disclosed. Moore said that the acquisition follows within a year of the $31 million investment it made in envelope manufacturing through the opening of Richmond Print Group in Virginia. The marketing […]
Pennsylvania-based PNC Bank, a subsidiary of PNC Financial Services Group, has agreed to acquire Tempus Technologies, a payment gateway provider that caters to businesses with its payment-processing solutions. The financial terms of the deal were not disclosed. According to PNC Bank, the acquisition will expand the payments platform of PNC Treasury Management by letting corporate […]
Brentwood Associates, a California-based private equity firm, has acquired a majority stake in SSRG Holdings, the holding company of US chicken restaurant chain Chicken Salad Chick, from Eagle Merchant Partners. The terms of the acquisition were not disclosed. Currently, Chicken Salad Chick operates 137 chicken restaurants in 16 states across the US, with a presence […]