Sweeping Corporation of America (SCA), a US-based power sweeping company, has acquired C&L Sweepers Services, C&L General Services, and C&L Disposal Services (collectively, C&L). The financial terms of the deal were not revealed. Established in 1971, C&L is headquartered in Jackson, New Jersey. C&L offers sweeping services to municipal entities, commercial customers, and contractors across […]
Benvic Group, a France-based thermoplastic solutions provider, has acquired Chemres, an American provider of polymers, custom compounds, and solutions for a range of industries such as medical, packaging, wire, and cable. The financial terms of the deal were not disclosed. Chemres, which is headquartered in Princeton, New Jersey, is a specialty compounder. The company is […]
EQT Infrastructure has agreed to acquire Covanta Holding Corporation, a New Jersey-based waste-to-energy solutions provider, for $5.3 billion. The deal will enable the publicly listed Covanta Holding Corporation to go private. Currently, the sustainable waste and energy solutions provider is listed on the New York Stock Exchange (NYSE). As per the terms of the deal, […]
Indian pharma company Lupin Limited said that it has been issued a warning letter from the US Food and Drug Administration (FDA) for its manufacturing facility in Somerset, New Jersey. The warning letter follows inspections of the Lupin Somerset site by the FDA from 10 September 2020 to 5 November 2020. Lupin Limited said that […]
The Hilb Group (THG) has acquired Benefit Foundations and recruited employee benefits insurance specialist – Patrick Grant. The deal became effective on 1 May 2021, said the Virginia-based property and casualty and employee benefits insurance brokerage and advisory firm. Hilb Group said that Patrick Grant will join the company’s New Agency Partners office in Parsippany, […]
Gallagher Bassett Services, the risk management services subsidiary of Arthur J. Gallagher & Co., has acquired safety consulting firm Total Safety Consulting (TSC) and its affiliates, which include TSC Training Academy (TSCTA). The financial terms of the deal were not revealed. Based in Bayonne, New Jersey, Total Safety Consulting supports the construction development process through […]
Mack-Cali Realty has announced the divestiture of its Metropark office portfolio in Edison and Iselin in New Jersey for $254 million to real estate investment firm Opal Holdings. According to the real estate investment trust (REIT), the sale comprises four office buildings that occupy 945,906 square feet. The sale is said to mark one of […]
Ocean Wind farm New Jersey : GE Renewable Energy, in mid-Jan 2021, finalized the turbine contract for the 1.1GW Ocean Wind offshore wind project in southern New Jersey with Ørsted. As per the contract, the Ocean Wind offshore wind farm will be equipped with GE’s Haliade-X 12 MW wind turbine with an option to utilize […]
Atlantic Shores Offshore Wind, a 50-50 partnership between EDF Renewables North America and Shell New Energies US, has submitted a proposal to the New Jersey Board of Public Utilities. The proposal is part of the state’s second solicitation, which seeks to award between 1,200 MW and 2,400 MW of offshore wind energy projects. Atlantic Shores […]
World Insurance Associates (WIA), a US-based insurance agency, has acquired Ball Insurance Services based in Northwest Indiana for an undisclosed price. Ball Insurance is an insurance agency focused on property and casualty. The company’s specialization is in providing auto and motorcycle insurance. Rich Eknoian – CEO and Co-Founder of World Insurance Associates said: “Ball Insurance upholds […]