Swedish-Danish cooperative Arla Foods has agreed to sell its packaging subsidiary Danapak Flexibles to Austian-based Schur Flexibles Group. The transaction, which is expected to be completed in July 2014, is subject to approval by the ...
Tags: Packaging Subsidiary, Arla
European dairy produce cooperatives Eupener Genossenschaftsmolkerei Walhorn (EGM Walhorn) and Arla Foods have unveiled plans to merge their activities. The boards of directors have announced plans to their members and the representatives. ...
Tags: Arla Foods, Dairy Activities, dairy produce
Finland-based HKScan has signed a deal to sell its 50% stake in Saturn Nordic Holding to Danish Crown, which holds the remaining 50% holding in the firm. As per the agreed terms, the company will receive €180m in cash as well as a ...
Germany's economy and energy minister laid out Tuesday proposals to curb renewable energy subsidies and cap electricity prices but opponents fear they could jeopardise the country's much vaunted green energy transition. Just weeks after ...
Tags: Consumer Electronics, Electronics
The gap between Kraft and Testliner prices had grown and hence a narrowing made sense. Foreign Kraft producers found the UK market increasingly attractive…which raised supply. There has been a further switch out of Kraft into the less ...
The Board of Directors of Algeta ASA unanimously recommends voluntary cash offer from Bayer to acquire the entire issued share capital of Algeta ? Offer at NOK 362 per Algeta share, in cash, valuing the total share capital of Algeta at ...
At an extraordinary general meeting shareholders in the Canadian OSB manufacturer Ainsworth Engineered approved the takeover by Louisiana-Pacific agreed on 4 September. On 31 October, the Supreme Court of British Columbia also approved the ...
Tags: Ainsworth, Approve Takeover, LP
Aker Solutions agreed today to sell its well-intervention services business area to EQT, a Swedish private equity fund, for an enterprise value of NOK 4 billion. The agreement includes an earn-out provision where Aker Solutions will ...
Tags: Metallurgy, Mineral, Energy
Murray Goulburn Co-operative (MG) and Bega Cheese have revised their takeover offers for Warrnambool Cheese & Butter (WCB). As per the terms, MG offered to pay A$9 per share of WCB, valuing the Victorian dairy firm at A$505m. Bega ...
Tags: Murray Goulburn, Food
US-based packaging products manufacturer Crown Holdings has signed a deal to acquire Spanish food cans manufacturer Mivisa Envases for EUR1.2bn ($1.6bn) cash transaction. The acquisition, which is subject to approval of the European ...
Tags: Crown Holdings, Food Cans
Crown, a US-based food packaging firm, is set to acquire Spanish food cans manufacturer Mivisa Envases from private equity firms Blackstone and N+1 Mercapital and management in a €1.2bn deal. Headquartered in Murcia, Spain, Mivisa ...
Tags: Crown, food packaging
In the three years following a cartel breakdown, the number of mergers is significantly higher than in the three years preceding the collapse. A recent study conducted by the Centre for European Economic Research (ZEW) in Mannheim has ...
Tags: cartel breakdown
AarhusKarlshamn (AAK), a Swedish-Danish producer of specialty vegetable oils and fats, has acquired Unipro - a leading supplier of oils and fats to the industrial and bakery markets in Turkey, from Unilever. Established in 1990 and ...
Tags: Oils and Fats, Aarhuskarlshamn
In order to adapt EU payments market to the opportunities of the single market and to support the growth of the EU economy, the European Commission adopted today a package including: • A new Payment Services Directive ("PSD2") and ...
Cargotec strengthens MacGregor portfolio by acquiring Hatlapa Group Wednesday, Jul 17, 2013 Cargotec's MacGregor has entered into an agreement to acquire privately owned Hatlapa Group, merchant ship and offshore deck equipment provider, for ...
Tags: Transportation, Service