MetroWest: Latin America deal | $1B bank merger

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9 years ago

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	SimpliVity pens Latin America agreement Westborough’s SimpliVity has signed a distribution agreement with Avnet, which will distribute the technology firm's products in the United States as well as in Latin America. Read more >>

	Marlborough and North Middlesex savings banks to merge; create $1B bank Two area mutual banks have announced that they have agreed to a merger that would create a bank with nearly $1 billion in assets and $95 million in equity across 14 branches. Read more >>

Big Y acquiring Hannafords in Milford, eastern Mass.

Big Y has reached an agreement to acquire eight Hannaford supermarkets throughout the middle and eastern part of the state.

Middlesex Savings Charitable Foundation has given $325,500 to 20 area nonprofit organizations.

Compensation funds totaling $40 million have been set aside by the U.S. Department of Justice for the victims and families impacted by Framingham pharmacy New England Compounding Center’s fungal meningitis outbreak of 2012.

Staples has pulled from its Canadian talent in naming the new president of North American Retail for the Framingham-based office supply company.

People on the move

Dr. Herath Wijerathna has joined Southboro Medical Group in Framingham.

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