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Displaying items tagged: Superior Environmental Corp

Wednesday, 09 March 2022 14:54

Coopersville environmental consulting firm files for Ch. 11 bankruptcy; plans sale to competitor

COOPERSVILLE — A West Michigan-based environmental consulting firm has filed for Chapter 11 bankruptcy as it positions to sell the company to a competitor in the industry.

Published in Small Business
Sunday, 06 August 2017 16:01

MiBiz Growth Report: Aug. 7, 2017

Here is the MiBiz Growth Report for Aug. 7, 2017.

• M&A: Rockford-based Wolverine World Wide Inc. has sold its Sebago brand of boat shoes to an offshoot of BasicNet S.p.A., a clothing and footwear company based in Turin, Italy. A subsidiary, TOS S.r.l., acquired the intellectual property rights for the Sebago trademarks and other assets in a deal valued at $14.25 million, excluding acquisition-related charges, according to a statement from BasicNet. For Wolverine, the move to offload the Sebago brand comes as part of a larger strategy that executives hope will streamline the organization and increase profitability amid a challenging consumer goods market. The two companies agreed to transition the brand to the new owner through the end of this year. Wolverine (NYSE: WWW) acquired Sebago Inc., a maker of penny loafers and docksiders boat shoes, in 2003.

Published in Breaking News
Wednesday, 02 August 2017 12:04

Superior Environmental completes ESOP

Environmental consulting, engineering and construction-related services firm Superior Environmental Corp. is now 100-percent employee-owned.

Published in Breaking News