Case
Swayne Co., Inc. has acquired the business assets of J&G
Products, a subsidiary of PepsiCo
May
1997 – Kerlin was originally engaged for
a review of strategic alternatives which lead to preparations
for a process
for the sale of the Company. Early in the process, Case Swayne’s
largest customer, PepsiCo, requested the Company consider
acquiring its captive supplier. This opportunity was considered
to be an
important defensive acquisition, so Kerlin and Case Swayne
suspended the sale process and entered into exclusive negotiations
to acquire,
close and integrate operations of J&G Products.
Case
Swayne Co., Inc. has acquired the business assets of J&G
Products, a subsidiary of PepsiCo