RPM International Inc. today said that outstanding performance in the company's consumer segment and more modest gains in its industrial segment resulted in significant increases in sales, net income and diluted earnings per share for the ...
Tags: RPM, Financial Position
Brenntag, a German chemical distribution company, has agreed to acquire the chemical distribution division of Zytex, an Indian-based biotechnology food formulation and manufacturer, for €10.2m. Zytex's food ingredients distribution ...
Tags: Brenntag, Food Ingredient
Cintas Corporation reported revenue for its first quarter ended August 31, 2013, of $1.12 billion, a 6.6% increase compared to last year's first quarter. Adjusting for one less workday in this year's first quarter compared to last year's ...
Tags: Apparel, Accessories
UK-based tea and herbal drinks packaging company Infusion GB has received a £1m finance package from HSBC to purchase new tea bag packaging machine. The new equipment bought from Italy will allow the company to produce bags in ...
Tags: Packaging, Printing, Packaging Machinery
Limoneira, a US-based agribusiness firm, has acquired a privately owned company Associated Citrus Packers (ACP) of Arizona in a deal valued at around $18.6m. ACP owns about 1,300 acres of property in Yuma, Arizona, comprising ...
Tags: Agriculture, Food, fruit
The performance of Associated British Foods' (ABF's) sugar division has disappointed City analysts, while its Primark business continues to shine. The UK bread market remained 'intensely competitive' with 'some pressure on margins', said ...
Tags: Agriculture, Food, bread market
G-III Apparel Group, Ltd. announced operating results for the second quarter of fiscal 2014. For the quarter ended July 31, 2013, G-III reported that net sales increased by 21% to $304.2 million from $251.5 million in the year-ago period. ...
Tags: Apparel Group, Apparel
New York-based risk and financial management firm Towers Watson has placed its reinsurance broking arm for sale. The company is also planning to rope in one of the Wall Street banks to sell the business. The sale price has not been ...
Tags: Towers Watson, Service
Ashgrove Insurance, a UK-based independent general insurance broker, has acquired Lloyd Howard Insurance Services for an undisclosed amount. Founded in 1920s, the Manchester-based broker Lloyd Howard has a gross written premium worth over ...
Tags: Insurance, Ashgrove Insurance
Dairy giant Arla has doubled profits for the first half of its financial year, amid news the two mergers it undertook in 2012 were paying off. Arla delivered capacity cost savings of £57M on an annual basis Arla announced its ...
Tags: Agriculture, Food, Dairy
Pekka Tiitinen, the global head of ABB?s Drives and Controls business, has been appointed to ABB?s Executive Committee as head of the Discrete Automation and Motion (DM) division as of Sept. 15, 2013. He succeeds Ulrich Spiesshofer, who is ...
Tags: Manufacturing, Processing Machinery, ABB
C.R. Bard has entered into a definitive agreement to buy Medafor, a developer and supplier of plant based hemostatic agents, in a $200m deal. The company also agreed to future contingent payments up to an additional $80m, if Medafor ...
Tags: hemostatic agents, Medicine
Despite the continued challenging market environment, Henkel delivered a strong second quarter, according to the company. "We significantly increased both sales and earnings with all our three business sectors contributing. Our adjusted ...
Tags: Henkel, Construction, Chemicals
Germany-based steelmaker ThyssenKrupp has announced its financial results for the third quarter and the first nine months ended June 30 of the financial year 2012-13. For the third quarter, ThyssenKrupp registered a net loss of €238 ...
Tags: Thyssenkrupp, Steel Plants
A double whammy of low consumer confidence in developed countries and lower growth in emerging markets combined to subdue Nestlé’s half yearly trading performance, figures published today reveal. The global food and drink ...
Tags: Nestlé