HALO Branded Solutions Completes Acquisition of Newton Manufacturing Company
HALO Branded Solutions, Sterling, Ill., announced the completion of its purchase of the business assets of Newton Manufacturing Company, a century-old promotional products distributor based in Newton, Iowa. Newton Manufacturing Company filed for Chapter 11 Bankruptcy protection in the U.S. Bankruptcy Court in Des Moines, Iowa on May 31, 2015. HALO Branded Solutions provided debtor-in-possession financing to Newton Manufacturing Company to fund the Chapter 11 proceeding.
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