Columbia Sportswear Company raised its 2014 outlook after announcing record first quarter net sales, a sharp increase in first quarter profits, surging wholesale demand, a strong launch of its Chinese joint venture and the acquisition of ...
Tags: Sportswear, Apparel
Zimmer Holdings announced Thursday that it will acquire Biomet in a $13.5 billion transaction that will provide it with a leading position in the $45 billion musculoskeletal industry. The merger between the two Warsaw, IN–based ...
Post Holdings, the parent company of Post Foods and a manufacturer of ready-to-eat cereals, has signed a deal to buy Michael Foods from GS Capital Partners, Thomas H Lee Partners and others. Michael Foods supplies egg products, ...
Tags: Egg Distributor
KPS Capital Partners, through its newly formed subsidiary, has signed an agreement with Ardagh to acquire Anchor Glass Container and its affiliates. KPS partner Jay Bernstein said Anchor Glass is positioned well to supply the expanding ...
Singapore-headquartered Wilmar International has agreed to establish a joint venture (JV) in Myanmar to produce and sell sugar and its by-products. The JV will be set up in partnership with Great Wall Food Stuff, and will be named Great ...
Tags: Wilmar International, JV Deal
Swedish edible oils and fats producer will buy CSM Benelux oils and fats business in Merksem, Belgium. The financial terms of the transaction have not been divulged. The acquisition includes a facility in Merksem and bakery ...
Tags: Benelux Oils, Fats, AAK, edible oils
Eastman Chemical Company announced that it has entered into a definitive agreement to acquire Commonwealth Laminating & Coating, Inc. The company, which had 2013 sales revenue of approximately $100 million, is an independent manufacturer ...
Tags: Construction, Decoration, Coating, Chemical
Global beverage can manufacturer Rexam has received a binding offer from Berry Plastics Group of $135m to acquire its Healthcare business’ remaining Containers & Closures division. According to Rexam, the transaction, which requires ...
Tags: Rexam, Healthcare Business, Berry Plastics
Philips has announced that it has entered into a joint venture in Saudi Arabia, buying 51 per cent of General Lighting Company (GLC), a major lighting company in Saudi, for $235 million. Philips’ current lighting activities in the ...
Tags: Lights, Lighting, LED lighting, energy efficient lighting
Royal Vopak (Vopak) announces it has signed an Equity Transfer Agreement with Xianglu Petrochemical (Zhangzhou) Co., Ltd. (Xianglu) in Fujian province, China. The agreement comprises Vopak’s acquisition of a 30% equity interest in ...
RockTenn has entered into an agreement with Simpson Lumber to acquire the latter's Tacoma Kraft paper mill in Tacoma, Washington, for around $343m. The transaction, which is subject to customary closing conditions and regulatory ...
Tags: Paper Mill, Packaging
Maple Leaf Foods Inc. today reported its financial results for the fourth quarter and full year ended December 31, 2013. Adjusted Operating Earnings(1)(2)(3) for the fourth quarter was a loss of $21.7 million compared to Adjusted ...
Tags: Maple Leaf Foods, Food
Global steelmaker ArcelorMittal has announced that, together with Japan-based Nippon Steel & Sumitomo Metal Corporation (NSSMC), it has completed the acquisition of ThyssenKrupp Steel USA, a steel processing plant in Calvert, Alabama, ...
Tags: Thyssenkrupp Steel, ArcelorMittal
Facebook, in a major push to expand its business on smaller screens, has agreed to buy the mobile messaging app WhatsApp for US$16 billion, the companies said Wednesday. Facebook plans to pay $12 billion in shares and $4 billion in cash ...
The Men's Wearhouse announced that it has increased its cash tender offer for all outstanding shares of Jos. A. Bank Clothiers, Inc. to $63.50 per share from $57.50 per share. Expiration of the amended tender offer has been moved up to ...
Tags: Men's Wearhouse, Jos A Bank