Saint Paul, Minnesota-based Flagstone
Foods was created by Gryphon in 2010 when the private equity firm bought and combined trail mix and snack nuts maker Ann's House of Nuts and dried fruits manufacturer American Importing Company, or Amport Foods.
Foods has also demonstrated a capability to broaden its product offering with existing customers, to expand into new categories through innovation, and to achieve new customer wins, said Reed, Over the last three years, the company has seen top line growth of 24% per annum as well as meaningful margin expansion, and has a clear strategy in place to continue its growth trajectory.
said that its shareholders have approved all matters required to be approved by Flagstone
's shareholders in order for Validus to acquire Flagstone
For its part, Fitch revised its Rating Watch to "evolving" from "negative" for Flagstone
will also release about $162 million of underwriting capital currently supporting the Lloyd's operation.
Chris Lynch, Western Hemisphere sales and client executive for JP Morgan Worldwide Securities Services, said, 'We are pleased to add Flagstone
Re as a new client to our North American insurance franchise.
Re has offices in Bermuda, Switzerland, Luxembourg, the United Kingdom, Cyprus, Canada, Cayman Islands, Puerto Rico, South Africa, India, and the United Arab Emirates," a press release said.
Headteacher of the 265-pupil school, Alun Williams said the flagstones
formed part of paths and a playground used by nursery pupils.
Prior to joining Flagstone
Securities, he held the position of senior vice president and research analyst with Ryan Beck & Co.
Dronenburg used about 3 tons of Arizona flagstone
per bed ($190-$280 per ton, plus delivery).