Clayton, Dubilier & Rice has reached an agreement to acquire John Deere Landscapes, a unit of Deere & Company’s Agriculture & Turf segment. Deere will initially retain a 40% ownership stake in the new standalone company. The carve-out transaction is valued at approximately $465 million. Paul Pressler, a CD&R Operating Partner, will assume the role…...
Archives for October 28, 2013
Odyssey Exits One Call Care Management
Odyssey Investment Partners has signed an agreement to sell its portfolio company One Call Care Management to Apax Partners. Odyssey first invested in One Call in December 2009. One Call is a provider of cost containment services to the workers’ compensation industry. Services include diagnostics, physical therapy, post-discharge and in-home care management, transportation, dental programs…...
Kinderhook and Mansa Capital Acquire Wellness Corporation
E4 Health, a portfolio company of Kinderhook Industries and Mansa Capital, has acquired Wellness Corporation. This is the third add-on acquisition completed by E4 Health since being acquired by Kinderhook in October 2011. Mansa Capital invested in E4 Health in February 2013. “This is an exciting opportunity to bring together two companies that will complement…...
Maple Leaf Foods Exploring Options for Canada Bread
Maple Leaf Foods has announced that it is exploring strategic alternatives for its Bakery business, including a potential sale of the company’s 90% ownership interest in Canada Bread Company. Canada Bread Company (CBY: TSX) is a manufacturer and marketer of flour based products, including fresh bread, rolls, bagels and sweet goods, frozen partially baked or…...
Bain – China No Longer King of Luxury Goods Spending
According to Bain & Company’s just published 2013 Luxury Goods Worldwide Market Study, the Americas region is the king of the luxury goods spending hill, estimated to grow at four percent in 2013 versus 2012, surpassing the estimated 2.5 percent growth rate for China, as luxury spending in that country moderates. In the US, a…...
