First Merchants finalizes purchase of Hoosier Trust Co.
First Merchants has finalized its purchase of Hoosier Trust Co.
Shareholders of New Buffalo Savings Bank parent approve purchase by Teachers Credit Union
Teachers Credit Union is another step closer to closing on its purchase of New Buffalo Savings Bank.
Toyota Industries North America grows material handling line with purchase of Hoist Liftruck
Other than a new name, it should be business as usual at East Chicago-based Hoist Liftruck. Toyota Industries North America announced Feb. 13 it had entered a definitive agreement on Feb. 8 to purchase Hoist Liftruck Mfg. LLC, and change the name to Hoist Material Handling Inc. In a statement, Marty Flaska, founder of Hoist, …
NorthWest Indiana Bancorp, Peoples Bank complete purchase of Illinois-based AJS Bancorp Inc.
NorthWest Indiana Bancorp of Munster, the parent of Peoples Bank SB, announced Jan. 24 it had completed its purchase of AJS Bancorp Inc. and its wholly-owned subsidiary, A.J. Smith Federal Savings Bank of Midlothian, Ill. in a stock and cash transaction. The company announced the deal on July 31. A.J. Smith Federal Savings Bank operated …
Latest acquisition by La Porte-based broadband provider Surf Air Wireless expands reach into Michigan
La Porte-based Surf Air Wireless, a broadband service provider, announced Jan. 18 it raised $40 million in capital with Post Road Group and acquired FreedomNet Wireless of Michigan. With the addition of FreedomNet, Surf Air Wireless now provides coverage north to Grand Rapids, Mich. and south past U.S. 30. A message on FreedomNet’s website notes …
LCI Industries of Elkhart subsidiary buys furniture manufacturing operation of Smoker Craft Inc. for $28 million
LCI Industries of Elkhart announced its wholly-owned subsidiary, Lippert Components Manufacturing Inc. acquired the business and certain assets of the furniture manufacturing operation of Smoker Craft Inc., a pontoon, aluminum fishing, and fiberglass boat maker in New Paris for $28 million. Lippert Components is a supplier of engineered components for leisure vehicles and mobile transportation, …
NorthWest Indiana Bancorp, Peoples Bank closes purchase of First Personal Financial Corp., First Personal Bank
MUNSTER – NorthWest Indiana Bancorp, parent of Peoples Bank, announced July 26 it has completed its acquisition of First Personal Financial Corp. and its wholly-owned subsidiary, First Personal Bank of Orland Park, Ill. in a stock and cash transaction. “We are excited to establish a physical presence within Orland Park, Lemont, and Chicago (Garfield Ridge), …
Skin, Vein & Cosmetic Surgery Clinic in Munster purchased by Pinnacle Dermatology
Pinnacle Dermatology of Lombard, Ill. has acquired Skin, Vein & Cosmetic Surgery Clinic in Munster. Dr. Ahmad Fathi and his team will join Pinnacle Dermatology. Pinnacle said it is adding dermatologist Dr. Olga Radkevich-Brown to the Munster practice. Fathi was the president and owner of Skin, Vein and Cosmetic Surgery Clinic for more than 30 …
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Polaris buys Boat Holdings LLC of Elkhart for $805 million
Minnesota-based Polaris Industries Inc. announced May 30 that it will acquire Boat Holdings LLC of Elkhart. The all-cash transaction is valued at $805 million. Boat Holdings brands include Bennington, Godfrey Pontoon Boats, Hurricane and Rinker. Boat Holdings is owned by the Vogel family. Boat Holdings is the largest producer of pontoon boats in the …
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Indiana-based Anthem Inc. to acquire Aspire Health
Health insurance giant Anthem Inc. will acquire Aspire Health, the nation’s largest non-hospice, community-based palliative care provider. “Aspire Health shares our perspective on the increasingly important role of integrated care and has built a unique model that provides palliative care and support services for patients and their families,” said Gail K. Boudreaux, president and CEO …
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