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Retail

Sealed Air sells medical packaging division for $125M

According to the announcement, Sealed Air’s rigid medical packaging business was formed from three previous acquisitions: Nelipak Holdings, Alga Plastics and ATE Costa Rica, which includes facilities in Ireland, the Netherlands, the U.S. and Costa Rica. The transaction is expected to be completed in the fourth quarter of 2013, subject to the satisfaction of customary ...

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SodaStream among Super Bowl advertisers

“The soda industry is dated and ripe for disruption, said SodaStream chief executive Daniel Birnbaum in a statement. “Our strong growth demonstrates that SodaStream is blazing the trail to a future where it will be mainstream for people to easily make fresh, delicious soda at home, no longer needing to lug bottles and cans of ...

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Farm friendly

“When I was young, I was a hair monster, like everyone else in Brooklyn,” Donna recalled with a laugh. Then she turned to her husband. “He was developing drugs to cure disease,” she added. “But here he is.” Here is a solar-powered farm in Lebanon where the couple moved in 2006. They live and work ...

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ShopRite renovations to bring 35 new jobs to Cherry Hill

According to the announcement, the fully renovated ShopRite of Evesham Road features a mural of Cherry Hill’s historical milestones. Store changes include expanded fresh food, dairy, bakery and seafood departments.The company also announced a Wok with freshly-made hot Asian stir-fry, sushi created by Mikado and a kosher experience. A ShopRite Wines and Spirits opened today ...

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Closet Storage Concepts acquires More Space Place

According to the announcement, combined system-wide sales are projected to be approximately $40 million with more than 400 employees and 39 locations nationwide, positioning Closet & Storage Concepts as one of the largest companies in the “space-saving” home furnishings & improvement industry.The privately held company was founded in 1987 by President and CEO Bob Lewis ...

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Devils ink sponsorship deal with Golia Vodka

The vodka, which is imported from Mongolia and was recently launched in the Northeast, already has its logo in more than 100 electronic displays around the venue, the team said today in announcing the deal. The Prudential Center also unveiled the newly branded Golia Ice Lounge for the Devils’ home opener early this month. Terms ...

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Single Touch announces repurchase

According to the announcement, the company currently has 136 million shares outstanding. The program will commence immediately. Shares bought back under the share repurchase program are to be funded from available working capital, retired, and then returned to the company’s treasury.The company appointed a chief financial officer earlier this month.

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Campbell completes 550M sale of European business

According to the announcement, Campbell announced earlier this month it had signed a definitive agreement for the sale of its national brands of soups, sauces and simple meals in several European nations. The transaction also includes four plants located in Belgium, France, Germany and Sweden. The agreement does not include Campbell’s recently-acquired Kelsen Group, which ...

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