Steinhoff International announced the takeover of the Kika/Leiner Group at the end of June. Steinhoff reports that the relevant contracts have already been signed. Dr Herbert Koch, chairman of Kika/Leiner's supervisory board, also confirmed ...
Tags: Construction, Decoration
Renewable packaging material provider BillerudKorsnas has received approval from the EU Commission with regard to its proposed divestment of kraft and sack paper producing machine (PM2) to SwedPaper. According to BillerudKorsnas, the ...
Tags: Billerudkorsnas, Paper Machine
US-based Illinois Tool Works Group’s subsidiary ITW has announced its consent to acquire German packaging company The Meurer Group. Competition authorities are yet to approve the deal. The German company, which will retain its ...
Tags: Tool Works Group, Packaging
With the takeover of Keadle Lumber the Canadian company Interfor will acquire another US-American lumber manufacturer. The two companies agreed the deal on 15 May. The transaction has still to be approved by the competition authorities and ...
Tags: Keadle Lumber, Construction
On 23 April, the EU Commission‘s competition authorities approved the takeover of Spano by Unilin, which is owned by the US-American company Mohawk. The approval under cartel law had already been granted following the provisional ...
Tags: EU Commission, Construction
The European Commission (EC) may oblige Luxembourg-headquartered steelmaker Aperam, which is bidding to buy Outokumpu's Italian stainless steel plant in Terni, to sell other steel assets if it succeeds in the acquisition bid, a commission ...
Tags: Metallurgy, Mineral, Energy
The Norwegian Competition authority has approved Orkla's purchase of 90.11% of the shares in food firm Rieber & Son. The acquisition is expected to be completed within a week. The approval of the Norwegian competition authorities ...
Tags: Norway Competition
South Africa-based Aspen Pharmacare has agreed to acquire Nestlé’s infant nutrition businesses in Australia and South Africa for $215m, as part of its efforts to strengthen its presence in Australia, Latin America and ...
Tags: Aspen, Nestle, Infant Nutrition
The European Commission (EC) has approved the FrieslandCampina's acquisition of cheese specialist Zijerveld and its packaging unit Den Hollander Food from MYWO Food. On 7 January, FrieslandCampina agreed to acquire the two companies and ...
Switzerland-based dairy processor Emmi has agreed to acquire Kaserei Studer, a cheese producer based in Amriswil, eastern Switzerland, for an undisclosed amount. The acquisition is part of Emmi's strategy to strengthen its position as a ...
Tags: Dairy Processor, Kaserei Studer
Swiss bakery giant Aryzta is to buy German peer Klemme in a bid to expand its business with the country's retailers. Aryzta said the EUR280m (US$376m) deal, which remains subject to Germany's competition authorities, would make it a ...
Tags: bakery giant, Aryzta, Klemme
Cargill is to quit the vegetable oil business in Romania in a bid to develop its agricultural operations in the country. The US agribusiness giant has agreed to sell assets that include the Untdelemn de la Bunica and Olpo to Expur, part ...
Tags: Cargill, Oil Brands, Sofiproteol
Dutch food firm Vion has entered into an agreement to sell its Oerlemans Foods to Baltussen Holding for an undisclosed amount, as part of its efforts to focus on its food operations in the Netherlands and Germany and on its global ...
Tags: Dutch, ood firm, Vion.Oerlemans Foods
Dutch food group Vion has entered into a deal to sell its frozen vegetables, fruit and potato products firm Oerlemans Foods to fresh vegetables producer Baltussen Holding. The struggling meat processor, which this month finalised a deal ...
Tags: Vion, Oerlemans Foods, food group
The German door manufacturer Hormann was poised to acquire all shares in the interior door producer Huga on 31 December 2012. An agreement to this effect was signed with Huga‘s owners, the Gaisendrees family, in mid-December. ...
Tags: Germany, door manufacturer, Hormann, interior door producer, Huga