Banking & Finance

Kenosha-based tool manufacturer Snap-on Inc. has acquired Challenger Lifts Inc. for about $38 million in cash.

The improving economy is yielding dividends for First National Bank Fox Valley. FNB will expand its corporate office at 550 S. Green Bay Road by 8,000 square feet. The space will expand the bank's operations department, add training and conference rooms and a new employee lounge and break room.

SABMiller plc and Molson Coors Brewing Company reported first quarter net income of $271.9 million for Chicago-based MillerCoors LLC, a decrease of 1.2 percent compared to the 2012 first quarter.

Quad/Graphics Inc. reported a first quarter net loss of $14.1 million, or 31 cents per share, compared with net earnings of$47.5 million, or $1.01 per share, in the same period a year ago.

The Wisconsin Chapter of the Association for Corporate Growth (ACG Wisconsin) announced that Tom Walton, managing director at Hanley, Hammill, Thomas, has succeeded Steven Peterson, managing director at Brass Ring Capital Inc., as chapter president.

Platypus Advertising + Design announced that it is acquiring the assets and most employees at NOISE Inc.'s Milwaukee operation.

UW Credit Union has received an Excellence Award for Strategic Leadership from the CUNA Human Resources Training Development Council.

Jerry David, a wealth management advisor for Prescient Financial Solutions at Northwestern Mutual, has earned a Top of the Table membership in the Million Dollar Roundtable.

More than 1,000 associates at Robert W. Baird & Co. Inc. will volunteer their time to nonprofit organizations this from May 13 to 18 as part of the company’s Baird Gives Back Week.

Johnson Investment Services, a division of Racine-based Johnson Bank, has surpassed $1 billion in assets under management.