Day: December 1, 2023

HARTSVILLE, S.C., Dec. 01, 2023 (GLOBE NEWSWIRE) — Global packaging leader Sonoco (NYSE: SON) is pleased to announce the expansion of its flexible packaging service operations with the acquisition of Inapel Embalagens Ltda. in Brazil. Inapel has been an industry leading flexible packaging manufacturer for over 50 years. The company currently operates two facilities in São Paulo – one in Jundiai and the other in Guarulhos – with approximately 500 employees companywide. Production capabilities range from rotogravure printing, adhesive and extrusion laminations, specialty coatings, cold seal, pouching and cylinder engraving. Inapel will add to Sonoco’s existing flexible packaging operation in Pinhais, Brazil. The Sonoco Graffo site has been a top producer of high-quality rotogravure printing and sophisticated lamination for eight...

OTTAWA, Dec. 01, 2023 (GLOBE NEWSWIRE) — Calian® Group Ltd. (TSX:CGY), a diverse products and services company providing innovative healthcare, communications, learning and cybersecurity solutions, has completed the acquisition of Decisive Group for up to CAD$74.7 million. A leader in the IT infrastructure and cyber security services business, the acquisition of Decisive rounds out Calian’s North American offerings. It also positions the Calian IT and Cyber Solutions (ITCS) portfolio to expand further into global markets—serving a broader set of customers.  “We’re pleased to be acquiring a company that not only has so much to offer, but also has similar values,” says Kevin Ford, Calian CEO. “This acquisition is also an important step in our growth strategy allowing us to continue to scale our IT and cyber business. Ultimately,...

Hope Gas now serves customers in 37 West Virginia counties Morgantown, WV, Dec. 01, 2023 (GLOBE NEWSWIRE) — Hope Gas (Hope) today announced that it closed the acquisition of Southern Public Service Company (Southern Public). The acquisition of Southern Public adds approximately 6400 new customers across six counties. This is Hope’s third acquisition of 2023. The company previously acquired approximately 900 miles of pipelines from Equitrans and Peoples Gas WV which included approximately 400 miles of pipelines.  “Hope Gas continues to grow and provide service to more West Virginian families and businesses,” said Morgan O’Brien, CEO of Hope Gas. “Our investors at Ullico have committed over a billion dollars in investment in West Virginia in just about a year’s time. I welcome our new customers and employees to Hope Gas. We are committed...

Represents Core Specialty’s 14th Specialty Business Unit Furthers Core Specialty’s momentum in building a leading specialty insurance company Jim Stelling joins Core Specialty as President, Medical Stop-LossCINCINNATI, Dec. 01, 2023 (GLOBE NEWSWIRE) — Core Specialty Insurance Holdings, Inc. and its subsidiaries (“Core Specialty” or the “Company”) announced today the completion of the acquisition of the MGU/Stop-Loss business of American National Group (“ANAT”), which was previously announced on June 12, 2023. The acquisition marks Core Specialty’s 14th Specialty Business Unit. Jim Stelling has joined the company as President of the new Medical Stop-Loss Division, which is maintaining its presence in League City, Texas. The business was acquired for cash through the acquisition of 100% of the stock of Standard Life and Accident...

Ackroo closes their third U.S. based acquisition and their thirteenth to date HAMILTON, Ontario, Dec. 01, 2023 (GLOBE NEWSWIRE) — Ackroo Inc. (TSX-V: AKR; OTC: AKRFF) (the “Company”), a loyalty marketing, payments and point-of-sale technology and services provider, through its’ wholly-owned subsidiary Ackroo U.S. Inc., is pleased to announce that it has completed the acquisition of the GiftFly business from GiftFly LLC (the “Vendor”). GiftFly is an international payments company based in the U.S. with an eGift card product for small to medium sized merchants. Under the terms of the acquisition, Ackroo acquired all customer contracts and related IP of GiftFly’s digital gifting business adding over 4,000 merchant locations to Ackroo. In consideration for the acquisition, the Company has paid $350,000 USD on closing, and will...