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NGKF Retail Services names senior managing director
Greenwich, Conn. — Newmark Grubb Knight Frank Retail Services has appointed Jessica Curtis as senior managing director in the Greenwich, Conn., office. Curtis will represent national clients in their expansion plans and work with local entrepreneurial retailers and restaurants ready to grow beyond their current locations.
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Hillshire Brands makes natural move
The Hillshire Brands Company has signed a definitive agreement to acquire Catterton portfolio company Van’s Natural Foods. Van’s is a leading better-for-you food brand of frozen breakfast and snack foods.
Hillshire Brands will pay $165 million for Van’s, which is expected to have net revenues of approximately $60 million in calendar year 2014. The transaction is expected to close in May 2014 pending regulatory clearance.