Express Restaurant Services purchased Preferred Restaurant Services (Preferred) in January 2012. Preferred provided restaurants with back office solutions such as accounting services, insurance programs, payroll processing and financing. Capital Alliance Corp. consulted with Preferred to resolve outstanding operational issues and liabilities to prepare the company for the sale.
Project Category: <span>Food and Beverage</span>
IBM Foods, Inc. has been acquired by Polyphase Corp./Overhill Farms
Overhill Farms, a subsidiary of Polyphase Corporation (Polyphase), acquired Capital Alliance Corp. client IBM Foods (IBM) of Culver City, California. Operating three state-of-the-art manufacturing plants with a staff of 750 employees, IBM was a supplier of prepared meals for the airline and hotel industries. The company also was the principal supplier of Jenny Craig frozen...
Dresen Quimica, S.A.P.I. de C.V. has sold a 65% stake to Camlin Fine Sciences
The Selling Company: Established in 1987 and headquartered in Mexico City, Dresen Quimica, S.A.P.I. de C.V. manufactures and distributes a broad portfolio of specialty chemicals products such as antioxidant blends, bactericides and mold inhibitors. These products are used by animal nutrition and pet food manufacturers. In addition, products are used in the aqua culture and...