Cosi Inc. (Nasdaq: COSI), a quick-casual sandwich shop operator, has completed a review of strategic alternatives and has decided to remain independent.
2 min read · 01 April 2009
1 min read · 01 April 2009
J.H. Whitney & Co. has sold Natick, Mass.-based Advanced Metrology Systems to Semilab. No pricing terms of the all-cash deal were disclosed. Semilab also announced that it has acquired fellow metrology company QC Solutions, which in 2003 raised private capital from Kaelin Management AG.
3 min read · 01 April 2009
Shinsouki, a Japanese parking lot operator owned by The Riverside Co., has acquired KK Maos, operator of around 480 lots under the J-PARK name in and around Tokyo. No financial terms were disclosed. www.riversidecompany.com
1 min read · 01 April 2009
SK Capital Partners has agreed to buy the nylon business of Solutia Inc. (NYSE: SOA). The deal includes a $50 million up-front cash payment and $4 million in deferred cash payments. Solutia also will receive a 2% equity stake in the newly-independent company. HSBC Securities (USA) advised Solutia on the deal.
3 min read · 01 April 2009
GenNx360 Capital Partners has acquired a minority stake in Syncreon, an Auburn Hills, Mich.-based provider of integrated logistics and supply chain solutions. No financial terms were disclosed.
2 min read · 01 April 2009
Marco Pierettori has joined Investindustrial, a Southern European investment group, has internal legal counsel. He previously ran legal, compliance and audit operations for Lehman Brothers in Italy.
2 min read · 01 April 2009
3 min read · 01 April 2009
2 min read · 01 April 2009
Procter & Gamble Co. (NYSE: PG) has sold Johnson Products Co., a provider of African-American haircare products, to an investor consortium that includes Rustic Canyon/Fontis Partners and St. Cloud Capital. No financial terms were disclosed.
6 min read · 31 March 2009
