Corporate Expansion
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Houlihan Lokey Announces Two Transactions That Significantly Expand European Capabilities
Businesswire· 2026-01-20 08:00
Core Insights - Houlihan Lokey has announced two strategic transactions to enhance its European platform and expand its global Corporate Finance capabilities [1] Group 1: Acquisition of Audere Partners - The firm has secured a controlling interest in Audere Partners, a leading French corporate finance firm, significantly enhancing its presence in France and positioning it as a top mid-cap advisory platform [2] - The transaction will add over 50 finance professionals to Houlihan Lokey, bringing the total number of its French team to around 80 [5] - Audere Partners is known for its expertise in French mid-cap advisory, primarily serving financial sponsors, entrepreneurs, and family-owned businesses [4] Group 2: Acquisition of Mellum Capital - Houlihan Lokey has acquired the real estate capital advisory business of Mellum Capital, which operates in Munich and London, further expanding its client support across the capital structure [3] - The Mellum Capital team, including founding partners Heinrich Hauss and Markus Reule, will join Houlihan Lokey as Managing Directors in the Capital Solutions Group [6] - The Mellum Capital business has been fully integrated into Houlihan Lokey, with a total of 11 professionals joining the firm [7] Group 3: Strategic Growth and Leadership Statements - The CEO of Houlihan Lokey emphasized the firm's growth in Europe, driven by a focus on delivering exceptional outcomes for clients through a differentiated offering [4] - The President of Houlihan Lokey, Europe, highlighted the importance of these transactions as milestones in the development of the European business, which now comprises approximately 550 financial professionals [4]
CCH projects multiple acquisitions, international expansion in 2026
Yahoo Finance· 2025-12-30 13:15
Group 1 - CCH Holdings anticipates announcing positive corporate developments in 2026, including the acquisition of multiple Malaysian restaurant chains [1] - The company plans to introduce new business ventures in Malaysia [1] - CCH Holdings aims to expand its business operations to the U.S. and Africa [1] - These anticipated milestones are expected to enhance business growth and maximize shareholder value [1]
Park Lawn Announces Entry into the Oklahoma Market
Accessnewswire· 2025-12-11 19:10
Core Viewpoint - Park Lawn Corporation has acquired substantially all assets of Service Group of Oklahoma, marking a significant step in its growth strategy by entering the Oklahoma market [1] Group 1: Acquisition Details - The acquisition took effect on December 1st, 2025 [1] - Service Group of Oklahoma consists of eight stand-alone funeral homes located in the greater Oklahoma City market [1] Group 2: Strategic Implications - Entering the Oklahoma market is described as an exciting milestone in the company's growth strategy [1]
Baymont by Wyndham Makes Asia Pacific Debut in Kunming, China
Prnewswire· 2025-11-25 13:00
Core Insights - Wyndham Hotels & Resorts has launched its Baymont by Wyndham brand in Asia-Pacific with the opening of Baymont Kunming Wuhua in China, marking the brand's first property outside the Americas and highlighting Wyndham's strategic focus on the midscale hotel segment in the region [1][2][3] Group 1: Company Expansion - The opening of Baymont Kunming Wuhua signifies Wyndham's confidence in the recovery of China's travel market post-pandemic and its importance in the company's growth strategy in Asia-Pacific [2][3] - Baymont by Wyndham is known for its "Hometown Hospitality," offering consistent and welcoming stays at accessible price points, with over 550 locations in North America [2][5] Group 2: Hotel Features and Amenities - Baymont Kunming Wuhua features 92 contemporary guestrooms equipped with modern amenities such as flat-screen HDTVs, coffee and tea makers, minibars, and dedicated workspaces, catering to both business and leisure travelers [3][4] - The hotel provides complimentary Wi-Fi, onsite parking, fitness facilities, and a hearty daily breakfast, along with 300 square meters of versatile meeting space accommodating up to 180 guests for conferences [4] Group 3: Company Overview - Wyndham Hotels & Resorts is the world's largest hotel franchising company, with approximately 8,300 hotels across around 100 countries, focusing on the economy and midscale segments [6] - The company operates a portfolio of 25 hotel brands and has a loyalty program, Wyndham Rewards, with approximately 121 million enrolled members [6]
Harris Teeter Announces Continued Growth with New Stores in Key Markets
Prnewswire· 2025-11-10 15:25
Core Points - Harris Teeter is expanding its presence in Florida, South Carolina, and North Carolina with the announcement of five new store locations [1][2] - The expansion aims to meet rising customer demand while maintaining high-quality service and fresh ingredients [2] - Each new store will include fuel centers and pharmacies to enhance customer convenience [2][3] Group 1: Expansion Details - New store locations include Jacksonville, Fla.; Clemson, S.C.; Kannapolis, N.C.; Lake Wylie, S.C.; and Fort Mill, S.C. [1][6] - Estimated job creation for each store is between 100-200 positions [5][8][13] - Construction for the new stores is set to begin in Spring 2026 for Jacksonville and Clemson, and Winter 2025/2026 for Fort Mill and Lake Wylie [5][11][13] Group 2: Store Features - Each store will feature amenities such as a full-service wine and beer bar, Starbucks, expanded produce and meat/seafood departments, and a full-service floral department [5][8][11] - The stores will also include a Harris Teeter Pick Up shopping option and an expanded deli and bakery department [5][8][11] - Customers will earn Fuel Points for every dollar spent in-store, redeemable for savings at the pump [4] Group 3: Community Commitment - Harris Teeter plans to partner with local food banks at each new store to address food insecurity [3] - This initiative aligns with the company's long-standing commitment to hunger relief and community giving [3]
Lifeway Foods to Host Ribbon Cutting for Phase Two of $45 Million Waukesha Expansion, Advancing Cooling System Upgrades to Support Global Kefir Demand
Prnewswire· 2025-11-10 15:05
Core Insights - Lifeway Foods, Inc. is launching Phase Two of its $45 million expansion project aimed at doubling production capacity and enhancing operational efficiencies [1][2][3] - The expansion includes the installation of a new cooling system to support increased fermentation and bottling operations [1][3] - The Waukesha facility processes millions of gallons of Wisconsin-sourced milk monthly into various probiotic-rich dairy products [1][5] Expansion Details - Phase One successfully doubled fermentation capacity by increasing the number of fermentation tanks [2] - The overall goal is to double total output by 2026 to meet rising global demand for kefir [2] - The expansion is seen as a significant investment in infrastructure and community partnerships [3][4] Community and Industry Impact - The expansion is celebrated as a milestone for local business growth and community strength [4] - Lifeway's investment reinforces Wisconsin's role as a key player in the dairy and probiotic industries [3][4] - Lifeway Foods has received recognition as one of America's Growth Leaders and has been awarded various industry accolades [5]
Boeing South Carolina Breaks Ground on 787 Site Expansion
Prnewswire· 2025-11-07 17:15
Core Points - Boeing has commenced the groundbreaking of its South Carolina site expansion, which will increase the production rate of the 787 Dreamliner to 10 airplanes per month by 2026, driven by strong market demand [1][6] - The company is investing over $1 billion in this infrastructure program, which is expected to create more than 1,000 new jobs over the next five years [2][6] - The expansion will include a new final assembly building, parts preparation area, vertical fin paint facility, and enhancements to the Interiors Responsibility Center [7] Company and Industry Overview - Boeing's 787 Dreamliner family has received over 2,250 orders from 90 customers globally, making it the best-selling widebody passenger airplane of all time, with a backlog of nearly 1,000 airplanes [3][4] - The commercial aviation industry is projected to require more than 7,800 new widebody airplanes over the next two decades, according to Boeing's Commercial Market Outlook [3] - The expansion in South Carolina is seen as a significant investment in American manufacturing and is expected to strengthen the state's position as a leader in aerospace and advanced manufacturing [5][8]
PRIMO BRANDS CELEBRATES GROUNDBREAKING OF NEW MOUNTAIN VALLEY FACTORY
Prnewswire· 2025-10-29 21:39
Core Insights - Primo Brands Corporation has announced the groundbreaking of a new state-of-the-art factory in Hot Springs, Arkansas, to meet the increasing demand for its premium brand, The Mountain Valley® [1][2][3] Company Expansion - The new facility will be approximately 200,000 square feet and represents a multi-million dollar investment, marking the first factory established by Primo Brands since its merger in November 2024 [2][3] - The factory will include one small format and two large format production lines, enhancing production capacity and efficiency for The Mountain Valley® brand [2][3] Community Impact - The new facility is expected to create economic opportunities in the Hot Springs community, reinforcing the company's commitment to the local area [3][4] - Local officials, including the Arkansas Governor and the President of the Greater Hot Springs Chamber of Commerce, have expressed pride in the company's investment and its historical significance to the region [4][5][6] Brand Heritage - The Mountain Valley® has been bottling spring and sparkling water from the Ouachita Mountains since 1871, emphasizing its long-standing tradition and connection to the local heritage [3][4] - The brand is recognized as a symbol of the natural beauty and resilience of Garland County, contributing to the local economy and community identity [5][6] Industry Position - Primo Brands is a leading North American branded beverage company focused on healthy hydration, with a diverse portfolio that includes several billion-dollar brands and premium offerings [7] - The company operates a comprehensive distribution network, reaching over 200,000 retail outlets and providing direct delivery services to consumers [7]
Comcast Opens New Xfinity Store in Grand Blanc, Expanding Access to Technology and In-Person Support
Prnewswire· 2025-09-16 15:22
Core Insights - Comcast has opened a new Xfinity Store in Grand Blanc, Michigan, aimed at providing local residents and small business owners with access to Xfinity products and services [2][4]. Store Features - The store covers over 2,000 square feet and includes interactive displays and multiple service counters staffed by knowledgeable sales consultants [3]. - Customers can explore a full range of offerings, including Xfinity Internet, Xfinity X1, Xfinity Mobile, Xfinity Voice, and Xfinity Home products [3]. - The store also features the latest mobile devices from major brands such as Apple, Samsung, Google, LG, and Motorola, along with a variety of wireless accessories [4]. Customer Services - The location serves as a one-stop destination for bill payments, account management, equipment handling, and expert guidance on service optimization [4]. - Hands-on demonstrations of Xfinity Pro, an advanced platform for managing home WiFi, are available to enhance user experience [4]. Strategic Goals - This new store is part of Comcast's broader strategy to improve customer service, expand its retail presence, and strengthen community ties across Michigan [5]. - The store operates Monday to Saturday from 10 a.m. to 8 p.m. and Sunday from 10 a.m. to 6 p.m. [5].
AutoNation Expands Footprint with Audi and Mercedes-Benz Stores in Chicago
Prnewswire· 2025-09-16 12:00
Acquisition Details - AutoNation, Inc. has acquired two luxury stores in Chicago, specifically Fletcher Jones Audi and Mercedes-Benz of Chicago, effective September 15, 2025, representing approximately $325 million in annual revenue and 4,500 retail new and used vehicle annual unit sales [1] - This acquisition increases AutoNation's location count in the greater Chicago area to 10, which includes two Audi stores, three Mercedes-Benz stores, one BMW store, three Import stores, and one collision center [1] Strategic Impact - The CEO of AutoNation, Mike Manley, expressed enthusiasm about the acquisition, stating it will enhance the luxury brand portfolio, deepen market presence, and create scale that drives customer experience and shareholder value [1] Company Overview - AutoNation is one of the largest automotive retailers in the United States, offering a wide variety of new and used vehicles, customer financing, parts, and expert maintenance and repair services [1] - The company has raised over $40 million for cancer-related causes through its initiative DRV PNK, demonstrating its commitment to making a positive impact in the community [1]