Private equity firm Fireman Capital Partners-owned Oscar Blues has acquired Florida-based Cigar City Brewing for an undisclosed sum. The transaction is expected to be completed within the next three months. Cigar City will continue ...
Tags: Fireman Capital Partners, Oscar Blues, Cigar City, Aquisition
China, the top buyer of U.S. Treasury securities, cut its holding for the second consecutive month in January, the latest data from the Treasury Department showed Tuesday. China reduced its holding of the treasuries by 8.2 billion U.S. ...
Genuine Parts Company has announced that is has completed one automotive acquisition and two industrial acquisitions, effective March 1, 2016. GPC Asia Pacific, the Company's wholly-owned automotive distribution company based in ...
Tags: automotive, Motion Industries
US-based food technology company Aseptia has completed the sale of Carolina Dairy and Wright Foods to a new subsidiary of AmeriQual Group Holdings. The sale involves transfer of assets of Carolina Dairy yogurt plant in Biscoe, North ...
Tags: Aseptia, Carolina Dairy, Wright Foods
Global packaging and coatings solutions Coveris has acquired Ecuador-based shrink sleeve and adhesive label technologies firm Supraplast. The acquisition expands Coveris operations in the Central and South American regions. Based in ...
Tags: Coveris, Aquisition, Supraplast
Anheuser-Busch InBev (AB InBev) has agreed to sell SABMiller’s Chinese beer business to China Resources Beer Holdings for $1.6bn, in an effort to gain regulatory approval for its pending acquisition of SABMiller. The Chinese ...
Tags: AB In Bev, SABMiller, China Resources, Chinese Beer
Singapore-based food and beverage company Food Empire Holdings has entered into a joint venture agreement with Sweet Blossom Holdings with an initial investment of $13.6m. Together, the companies have set up a joint venture company ...
Tags: Food Empire, Sweet Blossom, Investment, HVPL
The Australian Federal Government's Foreign Investment Review Board (FIRB) is allowing China's Moon Lake Investments to acquire Australia's largest dairy producer, Van Diemen's Land Company (VDL). The purchase price is AUD$280 million for ...
GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical communications components for fiber-optic and wireless networks) has signed Japan's largest electronic components distributor UKC Holding Corp as its ...
Food packaging specialists Linpac and Graphic Packaging have jointly developed patisserie cartons that are suitable for packaging cakes, cream buns, gateaux and pastries. Through the partnership, Graphic Packaging has made carton board ...
Design and packaging firm Graphic Packaging International has agreed to acquire 100% of Australian folding carton supplier Colorpak. Under the agreed terms, Graphic Packaging would pay $0.68 per share inclusive of a fully franked dividend ...
Tags: Graphic Packaging, Folding Carton
Icahn Enterprises has announced its plans to acquire automotive service provider Pep Boys-Manny Moe & Jack for $1bn. The deal was announced after Japanese tire maker Bridgestone quit the race to acquire the company by announcing that ...
Tags: Pep Boys, automotive service
Two of China's largest home appliances manufacturers are predicting huge losses for 2015. Sichuan Changhong Electric Co Ltd has forecast it will slip 1.97 billion yuan ($300.3 million) into the red, a staggering 3,455 percent fall ...
Tags: home appliances, TV
A slew of factors is persuading companies to expand abroad to access the global market Rising costs and steep anti-dumping duties in the United States and Europe, coupled with a desire to expand overseas, are increasingly driving major ...
Tags: Solar Panel, Solar Energy Products
First-tier China-based PV module makers, viewing that cost for crystalline silicon solar cells has risen but they are unable to hike PV module prices, plan to reduce orders released to Taiwan- and China-based solar cell makers, according to ...
Tags: PV Module, Solar Cells