Banking & Finance
Stay informed on the latest banking, finance, and investment news across Milwaukee and Wisconsin.
Briggs & Stratton completes acquisition of Allmand Bros.
Wauwatosa-based Briggs & Stratton Corp. has completed its acquisition of Holdrege, Neb.-based Allmand Bros Inc. for about $62 million in cash for all outstanding shares, net of acquired cash. Briggs & Stratton financed the transaction from cash on hand.
A&A Manufacturing sold to London investment firm
New Berlin-based A&A Manufacturing Co. Inc. has been acquired by London-based international investment manager 3i Group plc and its management.
Wisconsin banks increase lending
Wisconsin’s banks reported combined net income of $472 million through the end of the second quarter, down from $495 million in net income through the end of the second quarter of 2013, according to the Quarterly Banking Profile released today by the Federal Deposit Insurance Corp.
Koss reports loss, suspends Mexico operations
Milwaukee-based Koss Corp. has reported a fiscal fourth quarter loss of $2.2 million, or 29 cents per share, compared to net income of $4.6 million, or 62 cents per share, in the fourth quarter of 2013.
Roadrunner completes acquisition of Active Aero Group
Cudahy-based Roadrunner Transportation Systems Inc. announced Wednesday that it has completed its previously announced acquisition of Belleville, Mich.-based Active Aero Group, a supply chain solutions provider specializing in sensitive or time-critical freight.
FIS to close Brown Deer business unit, lay off 32
Jacksonville, Fla.-based FIS plans to close its print and mail business unit in Brown Deer and lay off 32 workers there.
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The Next Stage: Creating Massive Action in Your Business
BizTimes Media and ActionCoach of Elm Grove have created a new workshop series to guide business owners and C-level executives through steps that are critical to growing their businesses.
American Metal Technologies acquires Ohio die casting company
Sturtevant-based American Metal Technologies LLC has acquired Kotobuki-Reliable Die Casting Inc.
Alpine Valley Music Theatre is for sale
Alpine Valley Music Theatre, a 37,000-seat outdoor concert venue in East Troy, is for sale.
BizTimes Media seeking Nonprofit Excellence Awards nominations
What does philanthropy look like at your company? How has your workplace made a difference in southeastern Wisconsin?