10.29.23
Here's your weekly recap—the most viewed news stories on our site for the week ended Oct. 28, 2023.
Hello Bello , a brand of premium, affordable baby and family care products, announced that it has reached an agreement in principle to be acquired by Hildred Capital Management ("Hildred"), a healthcare-focused private equity firm that seeks opportunities to create value in middle-market companies. To facilitate the acquisition, Hello Bello and its affiliates have filed voluntary petitions for relief under Chapter 11 in the United States Bankruptcy Court for the District of Delaware. The company is seeking approval of the proposed transaction pursuant to section 363 of the United States Bankruptcy Code, which will subject the proposed transaction to higher or otherwise better offers.
In other news, ABENA has estabished a new company in Austria to strengthen its European market presence. The company has the name ABENA Österreich GmbH. Preben Terp-Nielsen, CEO of the ABENA Group, said: “ABENA’s products have been available in Austria for several years. With ABENA Österreich GmbH, we want to build on the foundation already laid, as we can see many synergies between the needs of the Austrian health sector and the products in our wide assortment. We look forward to continuing the work in Austria with a new ABENA company.”
Here are our top 3 most viewed stories from the past week:
1. Hello Bello to be Acquired by Private Equity Firm
2. Abena Establishes Company in Austria
3. Pampers Swaddlers Feature New Blowout Barrier
Hello Bello , a brand of premium, affordable baby and family care products, announced that it has reached an agreement in principle to be acquired by Hildred Capital Management ("Hildred"), a healthcare-focused private equity firm that seeks opportunities to create value in middle-market companies. To facilitate the acquisition, Hello Bello and its affiliates have filed voluntary petitions for relief under Chapter 11 in the United States Bankruptcy Court for the District of Delaware. The company is seeking approval of the proposed transaction pursuant to section 363 of the United States Bankruptcy Code, which will subject the proposed transaction to higher or otherwise better offers.
In other news, ABENA has estabished a new company in Austria to strengthen its European market presence. The company has the name ABENA Österreich GmbH. Preben Terp-Nielsen, CEO of the ABENA Group, said: “ABENA’s products have been available in Austria for several years. With ABENA Österreich GmbH, we want to build on the foundation already laid, as we can see many synergies between the needs of the Austrian health sector and the products in our wide assortment. We look forward to continuing the work in Austria with a new ABENA company.”
Here are our top 3 most viewed stories from the past week:
1. Hello Bello to be Acquired by Private Equity Firm
2. Abena Establishes Company in Austria
3. Pampers Swaddlers Feature New Blowout Barrier