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A jan/san distribution powerhouse is set to form in the US as BradyIFS has announced plans to merge with Envoy Solutions. As reported last week, BradyIFS’s private equity owner Kelso was one of two investment firms in talks with Envoy owner FEMSA to make a bid for the jan/san and foodservice supplies business. The second ....
(Bloomberg) Mexico’s Fomento Economico Mexicano SAB sold a $1.7 billion stake in Envoy Solutions to BradyIFS as part of its plan to divest from non-core units. Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesPutin Agrees to Visit China in First Trip Since Arrest WarrantWhat to Do With a 45-Story Skyscraper and No TenantsCrypto Scores Landmark US Legal Win With Grayscale ETF RulingStocks Up Most Since June as Fed Bets Sink Yields: Markets WrapFemsa, as t ....
Oklahoma City Police have confirmed a hit-and-run involving a car and a moped occurred at Northwest 35th and Villa Avenue. The car reportedly collided with the moped before leaving the scene. ....
There appears to have been progress in FEMSA’s strategic review of its Envoy Solutions jan/san and facilities supplies distribution business in the US. According to a recent report from Bloomberg, BradyIFS’s private equity owner Kelso is one of two investment firms – the other being Warburg Pincus – in talks with FEMSA to make a ....