Mergers & Acquisitions

Atlanta -- Restaurant brands Boneheads Grilled Fish and Piri Piri Chicken has announced a new senior management team and board of directors, intended to ramp up the five-unit chains’ expansion plans.

Boneheads franchisee Ron Barber has been appointed chairman of the board, and Beef O’Brady’s and Brass Tap chief development officer James Walker has been named to the board of directors.

Indianpolis -- Simon Property Group and McArthurGlen Group announced an agreement to form a joint venture through which SPG will invest in McArthurGlen, the leader in upscale, European designer outlets. 

Under the agreement, SPG will acquire an ownership interest in six properties and will also become a partner in McArthurGlen's property management and development company.  Included assets are in Austria, Italy, the Netherlands, the United Kingdom and Canada.

Santa Monica, Calif. — Private investment firm Clearlake Capital Group has begun the process of acquiring the Retail Solutions Group of Agilysys through a newly formed affiliate, Kyrus Solutions. The transaction is expected to close in the early summer. 

CHICAGO — Retail technology company ShopperTrak has acquired RapidBlue Solutions Oy, a leading European provider of retail data and analytics. 

Tokyo -- A Sunday report by Bloomberg said that 7-Eleven parent Seven & I Holdings Co. is planning more acquisitions here and may more than double the number of c-store stores it operates in North America.

The company “could increase our store number to 20,000 or even 30,000 [in North America],” chairman Toshifumi Suzuki told Bloomberg in an interview.  7-Eleven currently has more than 8,000 convenience stores in North America.

No time-frame for the planned expansion has been defined.

ST. LOUIS — Brown Shoe Company’s president and CEO Diane Sullivan will have new shoes to fill as chairman of the board, effective Feb. 2, 2014, once Ron Fromm steps down as chair. Fromm will remain a member of the board.

SPARKS, Md. — McCormick & Company, a global manufacturer, marketer and distributor of spices, seasoning mixes and condiments, has acquired Wuhan Asia-Pacific Condiments Co. WAPC manufactures and markets the DaQiao and ChuShiLe brand of bouillon products, which have a leading position in the central region of China. 

BURLINGTON, Vt. — Seventh Generation, a leading green brand which has championed sustainability for 25 years, has acquired New York-based Bobble, a leading brand in the reusable, self-filtering water bottle category.