Standard Motor Products has signed a definitive agreement to acquire General Cable Corporation's automotive ignition wire business for approximately $71m, subject to post-closing adjustments. The acquisition will include the purchase of ...
The European Commission is likely to approve the proposed merger of AB InBev and SABMiller, following the companies' efforts to address the regulator's competition concerns. AB InBev had planned sale of several brands such as Peroni, ...
Tags: European Commission, beer, brewer
Flint Group has acquired Arkansas based American Inks and Coatings (AIC) for undisclosed amount. American Inks and Coatings is engaged in providing inks and related products for the rotogravure, flexographic packaging, and specialty ...
Tags: Flint Group, Coatings
Specialty label and packaging solutions provider CCL Industries has agreed to acquire privately held companies Eukerdruck and Pharma Druck CDM (Euker) for approximately $31m including its debt. The two companies have common shareholders ...
Tags: CCL Industries, packaging
United Natural Foods has completed its previously announced acquisition of all of the outstanding equity interests of Haddon House Food Products and certain affiliated entities as well as certain real estate on financial terms previously ...
Powertrain components supplier Dana is planning to invest about $70m in a new axle manufacturing facility in Toledo, Ohio, US. The company aims to expand a recently built 100,000 square foot facility on the property to about 300,000 ...
Tags: Powertrain, Dana
Australian dairy processor Burra Foods has signed an agreement with dairy farming company Inner Mongolia Fuyuan Farming, allowing the company to gain a majority shareholding in it. The move is part of Burra's growth plans to improve ...
Tags: Burra Foods, dairy processor
German automotive firm Daimler is planning to invest about €500m in a new engine production facility in Poland. The facility, which will be situated in Jawor, around 70km west of Wroclaw, will be Mercedes-Benz Cars' first in Poland. ...
Tags: Daimler, Engine Plant
Researchers in Hong Kong and China have claimed the first demonstration of gallium nitirde (GaN) fully vertical p-type-intrinsic-n-type (p-i-n) junction diodes on silicon (Si) [Xinbo Zou et al, IEEE Electron Device Letters, published online ...
Tags: GaN devices, Silicon Substrate
US-based food company Hormel Foods has entered into an agreement to sell Diamond Crystal Brands (DCB) to a partner of private equity firm Peak Rock Capital for an undisclosed sum. DCB, which was founded in 1980, manufactures and ...
Magna International has agreed to acquire Telemotive, an engineering service provider for automotive electronics. Subject to regulatory approval, the transaction is expected to close in the second quarter of 2016. Once complete, ...
Tags: Magna, Telemotive
General Mills has agreed to sell its Argentina bakery and foodservice business to a Mexico-based baking company Grupo Bimbo for undisclosed sum. However, General Mills will retain its growing retail food business in Argentina, including ...
Tags: General Mills, Grupo Bimbo, Acquisition
Truck Star Company located in Novosibirsk City is a cooperative partner that C&C to open up the Russian market. With the global energy crisis, a new round of energy competition kicked the curtain. “Shale gas revolution in the United ...
Tags: Truck Star Company, C&C
Spice manufacturer McCormick & Company has acquired Australia-based packaged herbs manufacturer Botanical Food Company in an all-cash deal worth $114m. The acquisition will expand McCormick's existing branded herb portfolio with the ...
US-based trade organisation the Grocery Manufacturers Association (GMA) and technology company Battelle have partnered to provide a secure, web-based software tool called EMAlert, which allows food manufacturers to review and understand ...
Tags: GMA, Battelle, EMAlert, Food manufactures