HWI

Risk Strategies Acquires North American Operations of H.W. International B.V.

Retrieved on: 
Tuesday, March 19, 2024

“We are excited to welcome these Hugh Wood companies into the Risk Strategies family and expand our operations to serve the risk management and insurance needs of clients in Canada,” said John Mina, Global CEO, Accession Risk Management Group, parent brand of Risk Strategies and One80 Intermediaries.

Key Points: 
  • “We are excited to welcome these Hugh Wood companies into the Risk Strategies family and expand our operations to serve the risk management and insurance needs of clients in Canada,” said John Mina, Global CEO, Accession Risk Management Group, parent brand of Risk Strategies and One80 Intermediaries.
  • This is an excellent opportunity for the HWI B.V. Group and the North American teams, and we see Risk Strategies as an ideal partner.
  • Like Risk Strategies, Hugh Wood Inc. and Hugh Wood Canada Limited emphasize deep expertise combined with high-quality service.
  • The Hugh Wood North American businesses operate with dedicated client-facing service teams who prioritize personal care, with global access to coverage.

PLATINUM EQUITY ANNOUNCES COMPLETION OF HARBISONWALKER INTERNATIONAL ACQUISITION

Retrieved on: 
Monday, February 20, 2023

LOS ANGELES, Feb. 20, 2023 /PRNewswire/ -- Platinum Equity announced today that the previously announced acquisition of HarbisonWalker International (HWI) by way of a merger agreement, has been completed. HWI is a supplier of refractory products and services in North America.

Key Points: 
  • HWI and Calderys to join forces, creating a global refractories provider with a comprehensive product portfolio and expanded reach
    LOS ANGELES, Feb. 20, 2023 /PRNewswire/ -- Platinum Equity announced today that the previously announced acquisition of HarbisonWalker International (HWI) by way of a merger agreement, has been completed.
  • In January, Platinum Equity announced the closing of the acquisition of Imerys SA's High Temperature Solutions business, which is now operating under the Calderys brand going forward.
  • Platinum Equity said it will seek additional opportunities to help the combined company grow.
  • Kirkland & Ellis provided legal counsel to Platinum Equity on the acquisition of HWI and Willkie Farr provided financing counsel to Platinum Equity on the transaction.

Honeywell Announces Court Approval of NARCO Trust Buyout and Planned Acquisition of HarbisonWalker by Platinum Equity

Retrieved on: 
Wednesday, December 14, 2022

Under the agreement and as previously announced, Honeywell will make a one-time, lump sum payment in the amount of $1.325 billion ("Buyout Amount") to the Trust, subject to certain deductions permitted under the buyout agreement.

Key Points: 
  • Under the agreement and as previously announced, Honeywell will make a one-time, lump sum payment in the amount of $1.325 billion ("Buyout Amount") to the Trust, subject to certain deductions permitted under the buyout agreement.
  • The buyout agreement was approved on December 8, 2022 by the United States Bankruptcy Court for the Western District of Pennsylvania.
  • Upon the closing of the transactions in the buyout agreement, Honeywell will be released from its funding obligations to the Trust.
  • Further, HarbisonWalker International Holdings, Inc. ("HWI"), the reorganized and renamed entity that emerged from the NARCO bankruptcy, has entered into a definitive agreement today for private equity firm Platinum Equity to acquire HWI.

HarbisonWalker International intends to invest in converting closed Fairfield, Alabama plant into advanced refractories manufacturing hub for southern U.S. steelmakers

Retrieved on: 
Friday, January 14, 2022

The location is ideal for delivering quality refractory products and high-value services to our customers' growing steel operations in the southern U.S.," said Carol Jackson, Chairman and CEO, HarbisonWalker International.

Key Points: 
  • The location is ideal for delivering quality refractory products and high-value services to our customers' growing steel operations in the southern U.S.," said Carol Jackson, Chairman and CEO, HarbisonWalker International.
  • "Fairfield is excited to welcome HarbisonWalker International to our city as a southern hub for its operations.
  • We look forward to a continued relationship to help this global company grow," said Mayor Eddie Penny, City of Fairfield.
  • The company anticipates hiring 50 highly trained technicians and staff in a team-based environment at the plant.

Healthy Workforce Institute Succeeds in Ending Nurse Bullying

Retrieved on: 
Monday, September 27, 2021

OLDSMAR, Fla., Sept. 27, 2021 /PRNewswire-PRWeb/ --The Healthy Workforce Institute, (HWI) http://www.healthyworkforceinstitute.com , released their 2021 Disruptive Research Behavior Research Report today that focuses on ending nurse bullying and workplace incivility.

Key Points: 
  • OLDSMAR, Fla., Sept. 27, 2021 /PRNewswire-PRWeb/ --The Healthy Workforce Institute, (HWI) http://www.healthyworkforceinstitute.com , released their 2021 Disruptive Research Behavior Research Report today that focuses on ending nurse bullying and workplace incivility.
  • ( https://www.jointcommissionjournal.com/article/S1553-7250(19)30392-7/pdf )
    However, incivility continues because healthcare leaders simply don't know how to deal with nurse bullying or destructive behavior, so they are often ignored.
  • Founded in 2011 by speaker, consultant and author, Dr. Renee Thompson, DNP, RN, CSP, The Healthy Workforce Institute has helped thousands of professionals stop bullying and disruptive workplace behaviors in the healthcare industry.
  • Through education and development, consulting, the Healthy Workforce Academy, free guides, workbooks, and more, the company's mission is to create a world where bullying and incivility are immediately rejected and kindness, respect, and professionalism become the new norm.