SeaCube Bought for $467M
Pension plan manager Ontario Teachers’ Pension Plan in Toronto, Ontario, announced on Jan. 22 it would pay about $467 million for the assets of shipping container leasing company SeaCube in Park Ridge.
Somerset Hills Bank Sold for $64M
Somerset Hills Bank in Bernardsville announced on Jan. 29 it has been bought for about $64 million by Lakeland Bancorp in Oak Ridge and will become part of the Lakeland Bank chain.
Sanofi Acquires Rolaids Brand
Manufacturing company Johnson & Johnson in New Brunswick announced on Jan. 8 that its antacid relief product Rolaids has been acquired by Sanofi, a pharmaceutical company headquartered in Paris with U.S. headquarters in Bridgewater.
N.J., Fla. Brokerages Merge
Securities brokerage Individual Commercial Brokerage in Rockaway announced on Jan. 7 its merger with Gelbwaks Insurance Services, an insurer in Plantation, Fla. The companies will continue to use their own names.
ALK Technologies Acquired
Trimble Navigation in Sunnyvale, Calif., announced on Jan. 3 its acquisition of ALK Technologies of Princeton. Both make GPS and navigation equipment.
Berger Group Makes Acquisition
Morristown consulting company Berger Group Holdings on Jan. 3 announced its acquisition of aviation support provider Hawthorne Services in Charleston, S.C.