Insurance acquisition news : Ameriprise Financial announced that it has signed a definitive agreement with American Family Insurance Mutual for the sale of Ameriprise Auto & Home (AAH) for about $1.05 billion in an all-cash transaction. Ameriprise Auto & Home, based in Wisconsin, provides auto, homeowners, renters, umbrella alongside certain specialty insurance lines in 43 […]
Lyons Magnus, a portfolio company of Paine Schwartz Partners, has acquired TRU Aseptics, an aseptic manufacturer based in Beloit, Wisconsin, for an undisclosed price. TRU Aseptics, which was founded in 2016 supplies liquid aseptic products to the retail, foodservice, and food ingredient markets. Lyons Magnus, on the other hand, develops and manufactures fruit and flavor […]
IKEA OAK creek opening date : Home furnishings retailer IKEA will open a new store in Oak Creek on 16 May, which will be the first store of the Swedish company in the US state of Wisconsin. As per the latest updates on IKEA new store openings 2018, the IKEA Oak Creek store for the […]
Food acquisition news : US packaged foods company Conagra Brands has acquired the Sandwich Bros. of Wisconsin business, a producer of frozen breakfast and entree flatbread sandwiches for an undisclosed price. Sandwich Bros. offers consumers with on-the-go convenience flatbread pocket sandwiches which are claimed to be filled with proteins like Angus beef, chicken brought up […]