Valvoline announces completion of the sales of global products business
Valvoline Inc., a trusted leader in preventive automotive maintenance delivering quick and convenient service, recently announced that it has completed the previously announced sale of its Global Products business to Aramco. The purchase price is USD 2.65 billion in cash, subject to certain customary adjustments. “It is a historic day for our 157-year-old brand. With the sale […]
Hoffmaster Group, Inc. completes acquisition on Paterson Pacific Parchment Company
HoffmasterGroup, Inc., a leading U.S. manufacturer of premium disposable tableware, announces today the acquisition of Paterson Pacific Parchment Company (“Paterson” or “Paterson Paper”), a premier producer of foodservice paper and parchment products. Hoffmaster will assume operations for Paterson as part of its family of production facilities. Specializing in print and converting paper products and located […]
