St. Ives Closes on Avanti/Case-Hoyt Deal

Avanti/Case-Hoyt, St. Ives Cleveland and St. Ives Hollywood will form the U.S. Division of St. Ives plc, reporting to Wayne Angstrom, president and CEO. The division is expected to generate annual sales of about $230 million.

"The merging of these two companies increases our combined ability to better service our customers from multiple technological state-of-the-art manufacturing facilities," Angstrom says.