The Minnesota based Toro Co., a manufacturer of turf maintenance, snow removal, and irrigation system supplies, recently announced its latest acquisition, Left Hand Robotics, Inc. According to the Minneapolis St. Paul Business Journal, terms of the deal were not disclosed, but Toro did note that this acquisition fits in well with their company strategy of developing next gen technologies like autonomous products. Read More

Bain & Company recently released their 2020 M&A report, which included a piece called “2020 Year in Review: The Surprising Resilience of M&A.”A few of the key points from the article are as follows: Read More

Austin, Minnesota based Hormel foods recently reported their first quarter earnings came in better than expected. The grocery products category accounted for the fastest sales growth for the quarter, which has been a common theme amongst food companies during 2020. Read More

In the spring of 2020, consumers made a drastic change in their buying patterns as lockdowns and coronavirus fears kept consumers in their homes. This shift away from restaurants and on-the-go options resulted in much higher demand from retail grocers and the large food companies that stock their shelves. As a result, the large food manufacturers had trouble meeting the increased demand which allowed smaller, lesser-known brands to fill the gap and ultimately gain 1.3% market share; Read More

The medical device manufacturer, Boston Scientific, recently announced it will be acquiring Twin Cities based Preventice Solutions. Preventice Solutions is a health technology company focused on mobile health and remote monitoring products. Remote patient monitoring helps physicians keep track of patient health data outside of the traditional clinical setting. Read More

The Institute for Supply Management recently released their Purchasing Manager’s Index (PMI) for manufacturing which showed a 3.2% rise during December. This marks the seventh straight month that the manufacturing sector has seen growth from its springtime lows. Read More

In a recent Minneapolis/St. Paul Business Journal article, Mark Reilly discusses UnitedHealth Group Inc.’s recent announcement regarding its intent to acquire Nashville based Change Healthcare Inc. As its name suggests, Change Healthcare is a market leading healthcare technology company trying to transform the US healthcare system through innovative data and analytics solutions. Read More

With a strong finish to 2020, global markets saw an incredible rebound in deal activity from the slow first half of 2020, finishing the year at $3.6 trillion in total M&A deals. According to a recent Financial Times articles, $2.3 trillion of this amount was done during the second half of the year. Read More

According to a recent Food Business News Article by Keith Nunes, McCormick & Co. has announced its intent to acquire FONA International. FONA primarily services the food, beverage, and nutrition markets through the manufacturing of different kinds of flavors. This is the company’s second major acquisition announcement during the fourth quarter. Read More

Stratasys, a global leader in 3D printing and additive manufacturing, has recently announced their intent to acquire Origin, Inc. In a recent Minneapolis / St. Paul Business Journal article, Mark Reilly provides some details on this latest acquisition announcement. Read More