Skoda has announced plans to expand the capacity of its Kvasiny plant and Vrchlabí plant in Czech Republic with an investment of CZK 7.2bn ($300m) and €25m respectively. The company has also signed a memorandum of ...
Tags: Skoda, Infrastructure, Auto Parts
US based apparel marketer, Iconix Brand Group said it has acquired the remaining 50 per cent of Iconix China from its joint venture partner, Novel Fashion Brands Limited. Novel Fashion Brands was owned by the Chou family and the deal ...
Automotive component supplier Cooper-Standard has completed the purchase of Huayu Automotive System’s shares in Huayu-Cooper Standard Sealing Systems, the company’s Chinese joint venture. The purchase has made Cooper-Standard ...
US-based blow molded packaging solutions provider Pretium Packaging has acquired Intertech, a manufacturer of custom and plastic bottles for an undisclosed amount. Intertech specializes in developing blow molded high-density ...
Tags: Plastic Bottles, Packaging
Uniqlo, a Japanese casual wear designer, manufacturer, and retailer owned by Fast Retailing, is set to enter the Canadian market, by opening two stores in Toronto in 2016, marking the brand’s first entry into the country and its 18th ...
Tags: Uniqlo, Canadian Market, casual wear
For its fiscal second-quarter 2015 (ended 27 December 2014), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $86.8m, down 15.6% on $102.9m a year ago and ...
Tags: end-market, Telecoms
The opposition of the shareholders of Sika AG to the hostile takeover bid by Saint-Gobain continues to mount. So far, investors who together hold over 40 percent of the share capital have expressly stated their support for the course ...
Tags: pension funds, prominent institutional investors, Construction
H.C. Starck GmbH is expanding its Executive Board to add the new position of chief technology officer (CTO). From February 2015, Dr. Michael Rei will take on this position, which was created in response to the rising importance of ...
Tags: operations manager, production manager, site manager, Electrical
Mercedes-Benz has announced that it is planning to expand the production capacities of its SUVs in the US. US based contract manufacturer AM General is also expected to join the production network of Mercedes-Benz Cars for the production ...
Tags: SUV Production, Mercedes-Benz Cars, Auto
Frozen bakery products manufacturer Vandemoortele will acquire Lanterna-Agritech (LAG), a producer of frozen focaccia and bread in Italy. The acquisition will enable Vandemoortele to boost its bakery products business in Italy, as well ...
Tags: frozen focaccia, bread, Agriculture
Sika has reported record sales in every region and also says that all relevant growth targets for full-year 2014 have been exceeded. An above-average increase in net profit is expected for the business year 2014. In the fourth quarter of ...
Tags: emerging markets, Construction
Thoresen Thai Agencies Public Company (TTA) has acquired nine percent stake in Chinese canned food maker Sino Grandness Food Industry Group for around S$24.5m ($18.3m). The acquisition forms a part of TTA's long-term diversification and ...
Tags: water chestnut, sweet corn, fruit, vegetable juices, Agriculture
Drinks and pubs business Liberation Group has acquired Butcombe Brewery in the UK for an undisclosed amount. The combined company will now have 94 pubs, bars and eateries, two breweries with the capacity to brew over 30,000 barrels of ...
Tags: beer, cider, Agriculture
Jack Wolfskin has reached an agreement to buy out its Chinese distributor and licensee over the next two years to clear the way for a new subsidiary it will establish in the People's Republic of China, or PRC. In exchange for a two-year ...
Tags: Jack Wolfskin, Chinese Distributor
A number of Québec's institutional investors and bankers have announced a $470m investment, in the form of preferred units, in Agropur Cooperative, Canada's largest dairy cooperative. The transaction supports the cooperative's ...
Tags: dairy product, Agriculture