Industries
Actuant finds buyer for Electrical Segment
Menomonee Falls-based Actuant Corp. announced it has reached a definitive agreement to sell its Electrical Segment to Sentinel Capital Partners for $258 million in cash, subject to working capital and other closing adjustments.
Artisan Partners shares are trading on the NYSE
Milwaukee-based Artisan Partners Asset Management Inc. said its public offering of 4.8 million Class A common shares has been priced at $56 per share.
Schmitz is new CFO of Kenosha Area Business Alliance
The Kenosha Area Business Alliance has hired Tina Schmitz as its chief financial officer.
California private equity firm acquires Allen Edmonds
Allen Edmonds Corp. has agreed to be acquired by an affiliate of Brentwood Associates, a Los Angeles-based private equity firm founded in 1972 with a track record of successful investments in growth-oriented consumer companies.
Adelman acquires Calif. travel agency
Milwaukee-based Adelman Travel Group has acquired Fresno, Calif.-based Chamber Discoveries, a travel agency that targets chambers of commerce in the U.S.
California private equity firm acquires Allen Edmonds
Allen Edmonds Corp. has agreed to be acquired by an affiliate of Brentwood Associates, a Los Angeles-based private equity firm founded in 1972 with a track record of successful investments in growth-oriented consumer companies.
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Indulgence to begin ‘Bean-to-Bar’ production
Indulgence Chocolatiers will begin small-batch production of “Bean-to-Bar” chocolate at its facility at 211 S. Second St. in Milwaukee’s Walker’s Point neighborhood.
Conference will focus on ‘Designing Milwaukee’
Readers still have time to register to attend the 11th annual BizTimes Milwaukee Commercial Real Estate and Development Conference, which will take place Thursday, Nov. 7, at Potawatomi Bingo Casino in Milwaukee.
Walsh is CEO of merged company
Germantown-based Cambridge Major Laboratories Inc. (CML), a global leader in pharmaceutical API development and manufacturing, and AAIPharma Services Corp. have announced the appointment of Patrick Walsh as the chief executive officer of the merged company.
Johnson Controls embarks on ‘next era’
Glendale-based Johnson Controls Inc. announced record fiscal fourth quarter net income and plans to explore strategic options for its Automotive Interiors business.