Retailer Summit Spice and Tea Buys Ecommerce Store Alaska Artisanal
Summit Spice & Tea Co., Anchorage’s largest specialty food retail store, announced the purchase of ecommerce gift box and specialty food online store Alaska Artisanal.
Tag: Mergers and Acquisitions
Alaska National Definitively Agrees to Be Acquired by CopperPoint
CopperPoint Insurance Companies, a western-based regional commercial insurance company, announced an agreement to acquire Alaska National Corporation and its wholly owned subsidiary Alaska National Insurance Company.
BP to Sell Alaska Business to Hilcorp
BP announced that it has agreed to sell its entire business in Alaska to Hilcorp Alaska, based in Anchorage. Under the terms of the agreement, Hilcorp will purchase all of BP’s interests in the state for a total consideration of $5.6 billion.
Alaska Airlines, Aircraft Technicians Ratify Final Transition Agreement in Virgin America Merger
Alaska Airlines’ 900 Airbus and Boeing aircraft technicians have ratified a Transition Agreement and an Integrated Seniority List.
Ravn Air Picks Up PenAir
The Ravn Air Group is launching a “new” PenAir, following the acquisition of PenAir’s assets by investment affiliates of J.F. Lehman & Company for $12.3 million.
UIC Announces Intent to Enter a New Contract for Utqiaġvik Grocery & Retail Store
Ukpeaġvik Iñupiat Corporation (UIC) has announced that it intends to enter into a new relationship to operate the local grocery store in Utqiaġvik.
BBNC Acquires Panhandle Power Solutions
Bristol Bay Native Corporation is announced its acquisition of Panhandle Power Solutions, LLC, a construction management and services company based in Destin, Florida, specializing in electrical services, airfield lighting, and general construction.
Chugach Seeks Approval of ML&P Acquisition from RCA
Chugach has filed an Asset Purchase and Sale Agreement with the Regulatory Commission of Alaska for its review and approval of the acquisition of Municipal Light & Power.
Jerry Ralston Purchases Remaining Shares of AirTemp Alaska
Diamond Heating/AirTemp Alaska owner, Jerry Ralston formally announced his decision to buy out his long-time business partner and co-owner of AirTemp Alaska, Dana Bertolini.
Northern Air Cargo Launches Freighter Service Out of Miami
Northern Air Cargo Inc. (NAC) has acquired and been granted operating authority for its first 767-300 wide-body aircraft. NAC flight crews and maintenance technicians will be operating and maintaining a total of three newly converted 767-300 freighters by the end of 2018. The three aircraft will be branded for NAC and its sister air cargo brands, Aloha Air Cargo (Hawaii) and StratAir (Florida) and will be flying domestically as well as to International and Pacific markets.