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Franklin packaging industry company sold


Terms of the deal, which is described in a release as a merger, are not being disclosed.
RLG — a provider of pressure sensitive label, shrink sleeve and RFID/NFC technology (which involved embedded chips and antennas for wireless ID) — was previously a portfolio company of First Atlantic Capital and TPG Growth.
Based in Los Angeles, Ares Management has approximately $239 billion of assets under management with approximately 2,000 employees operating across North America, Europe, Asia Pacific and the Middle East.
“Ares is the right partner at the right time,” Mike Apperson, RLG president and CEO, said in the release. “Joining with Ares is an exciting change for our customers and team members as we move to accelerate growth and expand the RLG family. Ares brings a wealth of resources and expertise that will further enhance the value and solutions we provide our customers. Our team is energized by the opportunity ahead of us.” ....

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Farrow & Ball: Who owns it? Who's buying it? And how did it get so big?


Aidy Bryant, Kristen Stewart and Beck Bennett in the Saturday Night Live sketch referencing Farrow & Ball
The plug was not a case of paid-for product placement, but it led to a big spike in interest.
But despite the growth in sales, FB Ammonite still posted a pre-tax loss of £26.9m – which it said reflects how the business is structured and financed rather than being illustrative of performance .
The company has been owned since 2014 by a Los Angeles-based private equity fund. The Private Equity Group of Ares Management bought it from another investment fund, European Capital Limited.
Now Ares Management is in turn selling it to a buyer who is confident in the Dorset company’s potential for growth. ....

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Ares Management Announces Sale of Farrow & Ball to Hempel Group


Press release content from Business Wire. The AP news staff was not involved in its creation.
Ares Management Announces Sale of Farrow & Ball to Hempel Group
May 11, 2021 GMT
LOS ANGELES (BUSINESS WIRE) May 11, 2021
Ares Management Corporation (NYSE:ARES) today announced that a fund managed by its Private Equity Group has signed a purchase agreement to sell Farrow & Ball, a UK based manufacturer and retailer of premium paint and wallpaper, to Hempel Group. Terms of the transaction were not disclosed.
Farrow & Ball is an iconic paint and wallpaper brand with a 75-year British heritage. Recognized as the authority on colour and interior design inspiration, Farrow & Ball has become the premium brand of choice for consumers, designers and cultural institutions around the world. Its paints are crafted with rich pigments and precise techniques to deliver unmatched depth and consistency of colour. All Farrow & Ball paints have an eco-friendly water base, are categori ....

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