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NextEra Energy Transmission wraps up $1bn acquisition of Trans Bay Cable

NextEra Energy Transmission wraps up $1bn acquisition of Trans Bay Cable

Energy acquisition news : NextEra Energy Transmission has wrapped up its previously announced $1 billion worth acquisition of California-based transmission utility Trans Bay Cable (TBC), from affiliates of Steelriver Infrastructure Fund North America, for an undisclosed price. Trans Bay Cable owns a 53-mile high-voltage direct current underwater transmission cable system in California, which was laid […]

Middleby acquires automated packaging solutions provider Pacproinc

Middleby acquires automated packaging solutions provider Pacproinc

Middleby acquisition of Pacproinc : Foodservice equipment manufacturer Middleby has acquired Pennsylvania-based automated packaging solutions provider Packaging Progressions (Pacproinc) for an undisclosed price, as per the latest packaging industry news and packaging acquisition news. Headquartered in Souderton, Pacproinc has annual revenues of $30 million. Pacproinc provides automated packaging technologies for clients in the protein and […]