Displaying items by tag: mergers and acquisitions

KALAMAZOO — Zeigler Automotive Group has added a new brand to its portfolio after announcing the purchase of a new location in Northwest Indiana.

GRAND RAPIDS — Snack food company Utz Brands Inc. has acquired a partnering Grand Rapids-based tortilla chip manufacturer and its facility as part of a $41 million deal.

NORTON SHORES — Seabrook Plastics Inc., a molder of plastic parts primarily for the automotive and defense industries, recently finalized the sale of its company to a fellow lakeshore-based plastic parts manufacturer.

TRAVERSE CITY — A Boston private equity firm has acquired Traverse City-based High Street Insurance Partners Inc., an insurance brokerage platform company formed in 2018 that has since acquired two-dozen agencies across the U.S.

Turn Key Installation LLC, a Grandville-based contracting company that specializes in conveyor systems, made a recent strategic acquisition by purchasing another West Michigan business.

Experts view the mergers and acquisitions market and U.S. economy with slightly more optimism than six months ago, although the prospect of corporate and other federal tax increases has them concerned about the resulting effects on deal flow.

OTSEGO — Otsego Crane & Hoist Co., a manufacturer that specializes in overhead material handling equipment, has been sold to individual investors.

GRAND RAPIDS — Wolverine Building Group has expanded its footprint to Southeast Michigan with the acquisition of Brighton-based construction firm Contracting Resources Inc.

GRANDVILLE — Kerkstra Precast Inc., a producer of precast and prestressed concrete products in Michigan, has new owners. 

Shareholders at TCF Financial Corp. and Huntington Bancshares Inc. on Thursday backed the planned $22 billion merger between the two banks. The deal remains on track to close in the second quarter, pending federal regulatory approvals.