acquisition

Cookware & Bakeware
Showa Denko Acquires ILAG Coatings Group

Showa Denko K.K., a Japanese conglomerate and parent company of Chicago-based GMM Nonstick Coatings, has acquired all shares of the ILAG Group. ILAG is a specialty non-stick coating chemicals manufacturing company headquartered in Zurich, Switzerland.

Retail
Stop & Shop To Acquire King Kullen

Stop & Shop has agreed to acquire King Kullen Grocery Co., Inc. The agreement includes King Kullen’s 32 supermarkets, five Wild by Nature stores and the use of its corporate office located in Bethpage, NY.

Retail
Lidl To Acquire Best Market

Lidl U.S. plans to expand its market footprint with the acquisition of Best Market. The agreement includes 27 Best Market stores in New York and New Jersey.

Retail
UNFI Completes Supervalu Acquisition

United Natural Foods has completed the previously announced acquisition of Supervalu for $32.50 per share in cash, or $2.9 billion, including the assumption of outstanding debt and liabilities.

Retail
CVS Acquisition Of Aetna Moves Forward

As CVS reported that the U.S. Department of Justice will allow it to proceed with its pending acquisition of Aetna, the company also added new board directors and management in anticipation of the merger closing. 

Retail
Bluestar Wins Bid To Buy Brookstone

Bluestar Alliance has been selected as the winning bidder for the Brookstone intellectual property and related assets after a recent auction process. Bluestar said its bid includes cash and other consideration in excess of $80 million.

Tabletop
Vandor Acquired By Bioworld Merchandising

Vandor, a design and distribution company that creates licensed home products including drinkware, kitchenware, home décor and sculpted collectibles, has been acquired by Bioworld Merchandising. Bioworld Merchandising delivers licensed apparel and accessories for entertainment brands.

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