Day: January 4, 2024

Westland continues to grow across Canada with acquisitions in AB Surrey, BC/Territories of the Coast Salish (Kwantlen, Katzie, Semiahmoo, Tsawwassen First Nations), Jan. 04, 2024 (GLOBE NEWSWIRE) — Westland Insurance today announced that it acquired Dyberg Insurance Inc. and Prairie Villa Insurance, effective January 1.   Prairie Villa Insurance has roots going back to 1973 in Northern Alberta, now with three longstanding offices located across the Peace Country. Maintaining a firm local focus, they’ve formed deep and lasting ties to their communities. This strategic acquisition grows Westland’s distribution presence in Northern Alberta with a team of talented professionals who can support clients with personal, commercial, and farm insurance solutions.   Established in 1953, Dyberg Insurance is a family-owned brokerage located...

Sale of Constantia Flexibles to One Rock Capital Partners is completed After obtaining the necessary authorizations, Wendel announced today it completed the sale of Constantia Flexibles (“The Company”) to an affiliate of One Rock Capital Partners, LLC (“One Rock”). The transaction generated net proceeds1 for Wendel of €1,094 million for its shares. Wendel earned upon closing additional proceeds of €27 million from the sale of some Company’s ancillary assets bringing total proceeds to Wendel to €1,121 million, i.e. a valuation over 10% higher than the latest NAV on record before the announcement of the transaction (as at March 31, 2023). The total amount of this operation reflects a multiple of 2.0x Wendel’s net total investment in Constantia Flexibles since 2015. This transaction is one of the largest on the European private equity market...

Iselin, NJ, Jan. 04, 2024 (GLOBE NEWSWIRE) — World Insurance Associates LLC (“World”), a Top 50 Insurance Brokerage, announced today that it acquired the business of TW Group, Inc. (“TWG”) of Westmont, IL on  December 31, 2023. Terms of the transaction were not disclosed. TWG was founded in 1946 and provides insurance to individuals and businesses. They specialize in business, personal, life and health insurance. “Our mission has always been about working hard to establish trusting client relationships,” says Thomas J. Walsh, President, TW Group. “We look forward to joining World and are committed to continuing the tradition that our family founder, Thomas J. Walsh Sr. started—to build relationships with our clients, one customer at a time.” “On behalf of the World family, I would like to welcome TWG,” says Rich Eknoian, CEO and...

Global automotive lighting market is segmented based on technology, and application. Based on technology, the market can be segmented into halogen, and LED. In terms of application, the market is segmented into exterior lighting, and interior lighting- Industry forecast 2023-2030 Westford,USA, Jan. 04, 2024 (GLOBE NEWSWIRE) — According to SkyQuest report, the global automotive lighting market is on the cusp of a notable upswing in demand, projected to manifest during the forecast period. This surge can be primarily attributed to a concurrent increase in production and sales within the industry. A key driving force behind this trend is the relentless advancement of technology, which has become a pivotal factor in shaping the commercial vehicle landscape. Get sample copy of this report: https://www.skyquestt.com/sample-request/automotive-lighting-market...