$90M Buy for The Medicines Co.
Hospital medicine provider The Medicines Co. in Parsippany announced on Aug. 5 it paid about $90 million for ProFibrix, a developer of regenerative blood medicine, of Leiden, the Netherlands. The deal includes another $140 million for meeting sales goals.
TRG Acquires Security First Title
Real estate corporation Realogy in Parsippany announced on Aug. 6 its subsidiary, title provider Title Resource Group in Mount Laurel, acquired title and closing company Security First Title & Escrow of Orlando, Fla. Security First's three Florida-based offices will continue as part of Sunbelt Title Agency.
Bracco Division Acquired
Diagnostic imaging provider Bracco Diagnostics in Monroe Township on Aug. 2 announced its Healthcare Protective Products Division has been acquired by Emergent BioSolutions, a specialty pharmaceutical company in Rockville, Md.
Trucking Insurers Merge
Capacity Coverage Co. announced on Aug. 1 its acquisition of Guaranty Coverage Corp. The companies, both in Mahwah, insure trucking companies and will operate under the Capacity name.
Doherty Acquires Restaurants
Doherty Enterprises in Allendale announced on Aug. 1 its acquisition of 38 Applebee's Neighborhood Grill & Bar restaurants, in Florida and Georgia, from fellow restaurant operator Gator Apple of Duluth, Ga.