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Local company news roundup

February 12, 2014 at 1:53AM
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Mergers and acquisitions

Cargill Inc., Minnetonka, has agreed to acquire the Leonardo Olive Oil business in India from Dalmia Continental through its Cargill India Pvt. Ltd. subsidiary. Cargill also announced it is acquiring Pet Carousel, a maker of branded and private label pet treats based in Sanger, Calif. Terms of the deals were not disclosed.

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After 10 years of planning, downsizing and finally a takeover by the city -- which served as its developer -- the Penfield, a building of market-rate apartments in downtown St. Paul, marked its grand opening Thursday, 2/6/14. A look at where things stand and whether the city is close to selling it to a private developer.
Bruce Bispng/The Minnesota Star Tribune

The German discount grocer applied for a permit to remodel the former Lunds & Byerlys space in downtown St. Paul. The area hasn’t had a full-service grocery store in almost a year.

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