NXT Capital has provided a senior secured credit facility to support Oliver Printing & Packaging’s acquisition of Pohlig Packaging. Oliver Printing & Packaging is a portfolio company of Pfingsten. NXT Capital acted as the Sole ...
Tags: NXT Capital, Pohlig Packaging
Osram of Munich, Germany has made an investment (in the mid double-digit million euros range) to acquire a strategic 25.1% stake in LeddarTech Inc of Québec, Canada, which was founded in 2007 and has developed patented Leddar LiDAR ...
Tags: Osram, LiDAR sensing technology
Imperial Frozen Foods, a portfolio company of Kenex, has acquired 100% of the assets of Greystone Foods. Greystone is a Birmingham, AL based manufacturer of branded and private label frozen (IQF) vegetables. Greystone manufactures 30 ...
Tags: Frozen Foods, Greystone Foods
Didi Chuxing and SoftBank Group will invest up to $2bn to lead Grab’s current financing round, which expects to raise $2.5bn in total. The investment upon completion will allow the ride-hailing company to strengthen its position in ...
Tags: Hailing Firm Grab
Self-driving vehicle technology developer Nauto has closed a $159m series B financing round for its growth and global expansion. A subsidiary of SoftBank and Greylock Partners led the round. Others participating in the round were ...
The Can Manufacturers Institute (CMI) has told the US Commerce Department that aluminum can sheets and aluminum ingot, which are used to make beverage cans, are not a security risk that requires intervention in the form of tariffs or trade ...
Tags: Can, Beverage Can
HTC has revealed a tempting finance deal for UK customers that will finally make its £759 VR headset accessible for the average Joe Blow. The coveted HTC Vive can now be yours for a 9.9% financing plan, which puts the headset on ...
Tags: VR Headset, HTC Vive
Sexy Tesla sports cars aren’t the only vehicles that deserve the battery treatment – drayage vehicles, school buses, garbage trucks and cargo haulers are also going electric. And the ranks of those medium- and heavy-duty ...
Tags: Heavy-Duty Truck, Truck
PV companies Canadian Solar, ReneSola, and Hanwha Q CELLS have already filed their annual reports for 2016 Form 20-F, while Yingli Green Energy has filed an extension since it is unable to filed its report on time. Press releases published ...
Tags: PV Cell, Solar Panel
Avery Dennison has announced preliminary and unaudited results for its first quarter ended 1 April 2017. First Quarter 2017 Results by Segment Organic sales change refers to the increase or decrease in sales excluding the estimated ...
Tags: Avery Dennison, Graphic Materials
Lux Global Label has purchased certain assets from Pennsylvania-based global package printing firm National Label for an undisclosed price. Lux Global Label is a newly formed holding company backed by private equity company Resilience ...
Tags: Lux Global, package
ICSH Parent, the parent company of Industrial Container Services, has announced that it has been acquired by funds advised by Centerbridge Partners, a leading private investment firm. Prior to this transaction, ICS was owned by affiliates ...
Blackford Capital has made an undisclosed investment in Indiana-based Ellison Bakery, a manufacturer of cookie, snack bar, crunch and inclusion product, and other products for the industrial market, food service industry, and retail and ...
Tags: snack bar, food service
The LED lighting market grew 18.1% to $47,303m in 2016, accounting for almost 60% of global lighting, according to the report ‘Global LED Lighting Market (2017 Update)’, part of Frost & Sullivan’s Homes & Buildings Growth ...
Tags: LED market, Lighting market
Sonoco, one of the largest diversified global packaging companies, has reported financial results for its first quarter, ending 2 April 2017. First Quarter Highlights First quarter 2017 GAAP earnings per diluted share were $0.53, ...