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Myers Industries Completes Acquisition of Signature Systems

Retrieved on: 
Thursday, February 8, 2024

Myers Industries, Inc. (NYSE: MYE) (“Myers” or the “Company”), a leading manufacturer and distributor of industrial products, today announced that it has completed its acquisition of Signature Systems (“Signature”), which was previously announced on January 2, 2024.

Key Points: 
  • Myers Industries, Inc. (NYSE: MYE) (“Myers” or the “Company”), a leading manufacturer and distributor of industrial products, today announced that it has completed its acquisition of Signature Systems (“Signature”), which was previously announced on January 2, 2024.
  • “We are excited to welcome the Signature team to Myers with the closing of this transaction,” said Mike McGaugh, Chief Executive Officer of Myers Industries.
  • “This acquisition strengthens our growing portfolio of market leading brands, enhances our profitability profile and demonstrates Myers’ capability as a platform for acquisitive growth.
  • The financial results of Signature Systems are expected to be included within Myers’ Material Handling segment.

Myers Industries Announces Acquisition of Signature Systems

Retrieved on: 
Tuesday, January 2, 2024

“Signature Systems is a meaningful catalyst in the transformation of Myers Industries.

Key Points: 
  • “Signature Systems is a meaningful catalyst in the transformation of Myers Industries.
  • Signature aligns extremely well with our targeted acquisition criteria: Signature has a leading market position, with branded and differentiated products, serving fast-growing end markets.
  • Signature provides Myers an attractive complementary platform for long-term growth driven by world-wide investments in infrastructure over the next decade,” said Mike McGaugh, CEO of Myers.
  • Signature CEO Jeff Condino said, “We look forward to joining the Myers Industries team and for Signature to represent an important and complementary addition to the combined Company.

Richard A. (“Dick”) Schwartz, Esquire, to Receive the 2023 American Inns of Court James E. Coleman Jr. Award for Professionalism in the Fifth Circuit

Retrieved on: 
Wednesday, May 10, 2023

Dick Schwartz has been selected to receive the prestigious 2023 American Inns of Court James E. Coleman Jr. Award for Professionalism in the Fifth Circuit .

Key Points: 
  • Dick Schwartz has been selected to receive the prestigious 2023 American Inns of Court James E. Coleman Jr. Award for Professionalism in the Fifth Circuit .
  • He then practiced commercial litigation and personal injury law as a partner and head of litigation at Thelen, Marrin, Johnson & Bridges.
  • Schwartz was also the guiding force behind the creation of the Walker American Inn of Court in Houston.
  • Schwartz also served on the American Inns of Court Board of Trustees from 2007 to 2015.

New Precision eControl Platform Helps Brands Manage Their Sales Channels

Retrieved on: 
Tuesday, November 15, 2022

The practice revolutionized the ways in which companies can protect their brand value both online and offline.

Key Points: 
  • The practice revolutionized the ways in which companies can protect their brand value both online and offline.
  • Precision eControl, a dedicated technology and software-as-a-service business, helps brands maintain channel control, protect brand value, and increase online sales.
  • "Our team has worked extremely hard to deliver a robust and data-driven resource for brands to simply and quicklyunderstandhowtoregain controlofsales andbrandvalue," saidBlakeBurrus, CEOofPrecision eControl.
  • Vorys eControl hashelpedmore than600brands,including someoftheworld'slargest companiesacrossnumerous productcategories,to stop unauthorizedsales,diversionandinfringements,mitigate channelconflictandpreservebrand valuein today's eCommerce age.Learn more at vorysecontrol.com.

Civista Bancshares, Inc. To Acquire Vision Financial Group, Inc.

Retrieved on: 
Friday, September 30, 2022

As a subsidiary of Civista Bank, VFG will continue to operate under the Vision Financial Group, Inc. name taking advantage of the company's existing brand awareness within the equipment finance industry.

Key Points: 
  • As a subsidiary of Civista Bank, VFG will continue to operate under the Vision Financial Group, Inc. name taking advantage of the company's existing brand awareness within the equipment finance industry.
  • "We are very excited to welcome VFG's customers, employees, and business partners to the Civista family," said Dennis G. Shaffer, CEO and President of Civista.
  • "Vision Financial Group has been helping customers since our founding in 1991 through various interest rate and economic cycles.
  • Our team is very excited to build an even better Vision Financial Group as part of Civista Bank going forward."

Vektor Medical Appoints Rob Krummen as CEO to Accelerate Vision

Retrieved on: 
Wednesday, June 22, 2022

Vektor Medical , developer of the worlds first rapid technology to non-invasively map arrhythmias in all four chambers of the heart, today announced the appointment of Rob Krummen as CEO.

Key Points: 
  • Vektor Medical , developer of the worlds first rapid technology to non-invasively map arrhythmias in all four chambers of the heart, today announced the appointment of Rob Krummen as CEO.
  • After five years serving as CEO, Mike Monko will continue with Vektor as executive chairman of the board of directors.
  • View the full release here: https://www.businesswire.com/news/home/20220622005340/en/
    Vektor Medical appoints Rob Krummen as CEO.
  • Vektor Medical has a unique opportunity to revolutionize the standard of care for arrhythmias, and I look forward to working hard alongside our brilliant team to bring this technology to many more people suffering from serious heart rhythm disorders, said Rob Krummen, CEO of Vektor Medical.

Farmers & Merchants Bancorp, Inc. Announces Agreement to Acquire Peoples-Sidney Financial Corporation, Sidney, Ohio

Retrieved on: 
Tuesday, June 14, 2022

Peoples operates from its main office in Sidney, Ohio, two full-service branch offices located in Anna, Ohio and Jackson Center, Ohio, and a drive-through facility in Sidney.

Key Points: 
  • Peoples operates from its main office in Sidney, Ohio, two full-service branch offices located in Anna, Ohio and Jackson Center, Ohio, and a drive-through facility in Sidney.
  • Based on FMAOs closing share price as of June 14, 2022 of $34.28, the implied aggregate acquisition value equals $27.0million.
  • Peoples expands F&Ms community banking franchise into compelling Sidney, Ohio and surrounding markets in Shelby County.
  • About Farmers& Merchants State Bank:
    The Farmers & Merchants State Bank is a local independent community bank that has been serving Northwest Ohio and Northeast Indiana since 1897.

Middlefield Banc Corp. and Liberty Bancshares, Inc. Announce Merger

Retrieved on: 
Thursday, May 26, 2022

MIDDLEFIELD, Ohio and ADA, Ohio, May 26, 2022 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (“Middlefield”, or the “Company”) (NASDAQ: MBCN), the bank holding company for The Middlefield Banking Company, and Liberty Bancshares, Inc. (OTC Markets: LBSI) (“Liberty”), the holding company for Liberty National Bank, jointly announced today that they have entered into an Agreement and Plan of Reorganization (the “Agreement”).

Key Points: 
  • In addition, Mr. Zimmerly will become President of Middlefield Banc Corp. assuming Middlefield shareholders approve amendments to the Companys Regulations that separate the positions of President and CEO.
  • Middlefield Banc Corp., headquartered in Middlefield, Ohio, is the bank holding company of The Middlefield Banking Company with total assets of $1.32 billion at March 31, 2022.
  • Middlefield Banc Corp. shareholders, Liberty Bancshares, Inc. shareholders, and other investors are urged to read carefully the proxy statement/prospectus to be included in the Form S-4 registration statement, because the proxy statement/prospectus will contain important information about Middlefield Banc Corp., Liberty Bancshares, Inc., the proposed merger, the persons soliciting proxies for the proposed merger, their interests in the proposed merger, and related matters.
  • Copies of the documents filed with the SEC by Middlefield Banc Corp. are available free of charge on Middlefields website at www.middlefieldbank.bank .

Community Bank, N.A. Completes Merger with Elmira Savings Bank and Expands Its Presence in the Central New York and Southern Tier Regions

Retrieved on: 
Monday, May 16, 2022

Community Bank System, Inc. (Community Bank System) (NYSE: CBU), the parent company of Community Bank, N.A.

Key Points: 
  • Community Bank System, Inc. (Community Bank System) (NYSE: CBU), the parent company of Community Bank, N.A.
  • (Community Bank), announced today that Community Bank completed its merger with Elmira Savings Bank, a New York state chartered savings bank (Elmira) (NASDAQ-CM: ESBK) on May 13, 2022.
  • With completion of the merger, Community Bank System has over $16.2 billion in assets and over $13.8 billion in deposits.
  • Mark E. Tryniski, President and Chief Executive Officer of Community Bank System commented, We are pleased to welcome the customers and employees of Elmira to Community Bank.

Farmers National Banc Corp. and Emclaire Financial Corp. Announce Merger

Retrieved on: 
Thursday, March 24, 2022

CANFIELD, Ohio and EMLENTON, Pa., March 24, 2022 (GLOBE NEWSWIRE) -- Farmers National Banc Corp. (Farmers) (NASDAQ: FMNB), the holding company for The Farmers National Bank of Canfield (Farmers Bank), and Emclaire Financial Corp. (Emclaire) (NASDAQ: EMCF), the holding company for The Farmers National Bank of Emlenton (Emlenton Bank), jointly announced today that they have entered into an agreement and plan of merger (the Agreement).

Key Points: 
  • CANFIELD, Ohio and EMLENTON, Pa., March 24, 2022 (GLOBE NEWSWIRE) -- Farmers National Banc Corp. (Farmers) (NASDAQ: FMNB), the holding company for The Farmers National Bank of Canfield (Farmers Bank), and Emclaire Financial Corp. (Emclaire) (NASDAQ: EMCF), the holding company for The Farmers National Bank of Emlenton (Emlenton Bank), jointly announced today that they have entered into an agreement and plan of merger (the Agreement).
  • This latest transaction will mark a significant extension into the Pennsylvania markets, which has been a long-time strategy for Farmers.
  • Founded in 1887, Farmers National Banc Corp. is a diversified financial services company headquartered in Canfield, Ohio, with $4.1 billion in banking assets.
  • Copies of the documents filed with the SEC by Farmers will be available free of charge on Farmers website at https://www.farmersbankgroup.com or may be obtained from Farmers by written request to Farmers National Banc Corp., 20 South Broad Street, Canfield, Ohio 44406, Attention: Investor Relations.