Sentences with phrase «family sold that company»

Not exact matches

Bunbury's Giacci family has sold its trucking and bulk haulage business Giacci Group to listed company Qube Logistics for $ 119 million.

But Persis, the Khosrowshahi family holding company, has long since moved from selling things to licencing them.

Clark and his family lost out in a 1996 battle, which saw the company sell a 57 % stake to Quebec's Caisse de dépôt.

When his family sold its Coca - Cola bottling company for $ 70 million in 1998, Porras suggested that they capitalize on the growing demand for arabica coffee, the kind used by high - end merchants like Starbucks.

Major players: L.A. - based Seed Beauty has incubated two wildly popular and trendy cosmetic companies that primarily sell online: Colourpop and Kylie Cosmetics, launched by the youngest member of the Kardashian - Jenner family.

Along with his brothers, Souto helped grow the family business, Rowland Coffee Roasters, into a multi-million dollar company, eventually selling to J.M. Smucker Co. for $ 360 million in 2011.

The company also bought the Family Channel from Bell Media, giving it a platform to create and sell more shows globally, and the Epitome group of companies, producer of the hit Degrassi TV franchise.

The lenders want the stake to be sold for top dollar but fear it will be sold for less than that to McClendon's wife, Kathleen, because she is family, said a lawyer representing a syndicate of banks led by Wilmington Trust that loaned $ 465 million to a company McClendon founded in 2013, American Energy Partners LP (AEP).

Selling the company means giving up the independence of a company leader when it comes to hard business decisions and balancing work with family life.

The family sold most of its interest in the company to the Carlyle Group before reacquiring a majority of JMC last year.

The Brown family owns a majority of the voting power and has indicated historically that they do not want to sell their company

The Brown family, who are fifth - generation owners of Brown - Forman, own a majority of the voting power and have indicated historically that they do not want to sell their company.

While Bhakta says that in the earliest days of launching WhistlePig, he toyed with the idea of building a spirits company to sell, he had long ago decided to keep WhistlePig in the family and run it for generations.

Selling a skyscraper isn't the same as selling a retail storefront, explains George Carras, who runs research company RealNet Canada (though there is one comparison to selling a family home; the tower will likely be «fluffed» for visits by bidders, which could involve anything from new lobby furniture to removing condensation from wiSelling a skyscraper isn't the same as selling a retail storefront, explains George Carras, who runs research company RealNet Canada (though there is one comparison to selling a family home; the tower will likely be «fluffed» for visits by bidders, which could involve anything from new lobby furniture to removing condensation from wiselling a retail storefront, explains George Carras, who runs research company RealNet Canada (though there is one comparison to selling a family home; the tower will likely be «fluffed» for visits by bidders, which could involve anything from new lobby furniture to removing condensation from wiselling a family home; the tower will likely be «fluffed» for visits by bidders, which could involve anything from new lobby furniture to removing condensation from windows).

This family - rooted construction company sells lumber and wood products for commercial and residential buildings.

Selling to family can tear the company apart with jealousies and promotions that put emotion way ahead of business needs.

In a letter to some 2,000 remaining employees (down from 4,300 in 2014), CEO Darin MacDonald announced the family - owned oilfield services company was entering creditor protection and selling two divisions — along with his own resignation.

The company works with local entrepreneurs to sell its lamps to households where electricity is scarce or unavailable, at prices that are affordable to families currently using costly and toxic kerosene for their lighting.

After selling Double Line Partners to a private equity company, Young took a year off to spend more time with her kids and family.

Subsequent tax incentives in the 1980s (such as Section 1042 of the Internal Revenue Code) allowed owners of privately held businesses to defer their capital gains taxes when they sold more than 30 % of C corporations to the employees and managers through ESOPs or eligible worker cooperatives.15 Often, retiring entrepreneurs would sell 100 % in stages so that they could fully retire if they had no heir to operate the company or the family wished to cash out on their stake.

Many franchise owners like to keep the business within a close circle, and selling a franchise to a family member is a very common occurrence — usually because the relative buying the franchise is familiar with the company, how things are run, and they will ensure a smooth transition.

The Series A Preferred shall also be convertible into any future series of Preferred Stock (the «Future Preferred») under either of the following circumstances: (a) if such conversion is approved by the Board or (b) if such conversion is in connection with a future Preferred Stock equity financing in which the Company's fully diluted pre-money valuation is greater than the Company's fully diluted post-money valuation immediately following the Series A Financing contemplated by this term sheet (a «Future Financing»), in either case, on a one - for - one basis (subject to anti-dilution adjustment) at the option of the holder; provided however, if such conversion is in connection with a Future Financing, that the holder may convert into shares of Future Preferred only in the event that all of such shares of Future Preferred received by the holder upon conversion are sold to an Approved Investor (as defined below) no later than 90 days following the first closing of the Future Financing at a price per share no lower than the price per share at which the Company sells shares of such Future Preferred in the Future Financing and, provided further, that such Approved Investor is not an affiliate, family member, or related party of the holder.

During that time I researched individual stocks and bought and sold them form my company and our family investment portfolio.

In less than a decade, the family company went from selling 8,000 backpacks to selling millions of hats, wallets, backpacks and other accessories in more than 70 countries.

In 2009, with Stiefel in an executive position, the Stiefel family opted to sell the company to GlaxoSmithKline.

First created as a beverage option for children and families visiting its original brewery in downtown Milwaukee, Wis., Sprecher Root Beer is now the company's top - selling product, with distribution in more than 40 states.

By the 1960s, the Sutherland family milling operation sold many different varieties of flour and corn meal to households throughout the country, and the introduction of a popular seasoned flour created for frying meats and vegetables drove the company to even further heights of success.

Founded in 1923, Orchard View is a fourth - generation family owned and operated company, specializing in growing, harvesting, packing and selling fresh cherries.

Saywa and his family recently started the company, which plans to sell the pita strips as snacks that consumers can enjoy while on the go.

«As Budweiser and the Anheuser - Busch family of products grew to become the nation's best - selling beers, Wayne Densch Inc. settled into its role as the king of the market,» the company explains.

Based in Gardena, Calif., the family owned company sells Mexican food items, including burritos, chile rellenos, enchiladas, refried beans, tamales, frozen dinners, and corn and flour tortillas.

In the early 1980s, the Krug family opted to sell the company.

«Many family - owned businesses struggle from generation to generation because they either get sold or merge, so there is a lot of pride in this company with hitting that big milestone.

The company's success has allowed it to branch out with a sister company called Family Fresh Foods, founded six months after the first one, that sells cheese, olives and tapenades.

«Berk Enterprises is a family owned business that grew from a mom - and - pop operation to a company that sells across the U.S. and parts of the E.U.,» says Rob Berk, who is the owner, president and CEO of Berk Enterprises.

Though rumors of a sale began circulating in February, the 100 - year - old, family - owned jerky company announced yesterday that it's selling all of the assets and operating divisions to Premium Brands Holdings.

Constellation, a cross-category alcoholic beverage company best known for selling Mexican import offerings Corona and Modelo, has confirmed to Brewbound that Ballast Point beers are no longer being sold in Massachusetts by Atlantic Beverage Distributors and the Sheehan Family Companies - owned Craft Beer Guild LLC.

company profile Started in 1942 by the Sensenig family as a way to sell its baked goods to neighbors, Spring Glen Spring Glen Fresh Foods www.springglen.com has developed over the years into one of the 20 sales: $ 40 million 10 Northeast's leading producers of fresh refrigerated Headquarters: Ephrata, Pa..

NZ: Independent Liquor invites offers The family behind New Zealand's Independent Liquor has today (24 August) started the process to sell the company.

Wise, who sold Scotty's Brewhouse as well as Thr3e Wise Men Brewing Company in 2016, will be joining Luke Family of Brands as Vice President of Restaurant Operations.

«The company to this day is a tribute to the first family business started by Evris Kontos, a fillo dough company that Kontos later sold to Pillsbury,» explained Steve Kontos.

Hamilton, Bermuda, and Schaffhausen, Switzerland, January 22, 2018 — Family - owned Bacardi Limited, the largest privately held spirits company in the world, announced today that it is expanding its portfolio of premium spirits with a definitive agreement to acquire 100 % ownership of Patrón Spirits International AG and its PATRÓN ® brand, the world's top - selling ultra-premium tequila.

The rate of M&A is being slowed by factors such as high valuations and family - owned companies not ready to sell yet.»

After running the company for 24 years, Earl sold Wine Trends stock to the Miller - Vontz family who founded Heidelberg Distributing Company five generations ecompany for 24 years, Earl sold Wine Trends stock to the Miller - Vontz family who founded Heidelberg Distributing Company five generations eCompany five generations earlier.

The Balzarini family company, WGH, an acronym for Wellard Group Holdings, got $ 145 million for selling part of his stake.

But while a statement by the company presents a united front from its 58 shareholders on the sale of the business, AFR Weekend understands that a large portion of the family shareholders have been against selling and still have a great deal of attachment to the company and their ancestor's vision of a geographically and climatically diverse cattle producer.

In that deal the market had expected Stanbroke to sell for as much as $ 550 million but a consortium comprising Hungry Jack's founder Jack Cowin, Swan Hill's Menegazzo family and four Queensland grazing families snared the company for $ 490 million, in what was and still is the largest cattle station transaction in Australia's history.

In 2012, the Clochet Family, who has been managing Routin for over 70 years, sold the company to Olivier Lecoeur and CM - CIC Investissement.

After being family - owned for five generations, the company was sold to its employees in 1996, and the ESOP was established, giving them a true stake in the business.

Founded in 1973 by Fred T., Joseph S. and John Franzia, Bronco Wine Company is a family - owned winery committed to growing, producing and selling the finest quality wines of the highest value to our customers.