Sikorsky tests latest model of old chopper: Business briefs

Sikorsky tests latest model

of old chopper

Stratford-based Sikorsky Aircraft has successfully tested the latest version of its S-61T helicopter. This latest model has an integrated glass cockpit, survivability suite, composite main rotor blades and all-new electrical wiring, a news release published Monday said. Sikorsky has already delivered 16 of the choppers to U.S. State Department, has standing orders to issue 13 more and is under a 5-year "indefinite delivery, indefinite quantity" agreement with the State Department that allows the government to buy 110 of the refurbished helicopters, the release said.

Brynwood acquires Joseph's Pasta from Nestle

Greenwich-based Brynwood Partners VII announced that its newly formed portfolio company, JPC Acquisition, has acquired Joseph's Pasta Company from Nestle Prepared Foods. Nestle acquired Joseph's in 2006. Terms and conditions of the transaction were not disclosed. The Joseph's business, headquartered in Haverhill, Mass., is a manufacturer and marketer of premium frozen stuffed pasta for the food-service segment. The business employs over 300 individuals. Brynwood has made previous investments in the frozen food space, including Richelieu Foods, a private label manufacturer of frozen pizza and salad dressings. The acquisition of Joseph's Pasta marks the first for Brynwood VII, Brynwood Partners' largest and most recently raised fund with $400 million of committed capital. Including Joseph's, Brynwood Partners has now completed five acquisitions from Nestle, with this being the second in 2013. Earlier in the year, Brynwood Partners VI 's portfolio company, Pearson Candy, acquired the iconic Bit-O-Honey brand from Nestle.

Tech Air gains ownership of two Georgia-based companies

Tech Air, a Danbury-based packager and distributor of industrial, medical and specialty gases, and related welding supplies, has acquired Compressed Gases of Augusta, GA, and A-L Welding Supply, of Gainesville, Ga. Tech Air is owned by CI Capital Partners and the company's management. Tech Air was founded in 1935.