Over the years, the role of Asia in the global economy has been continuously increasing in its importance, corresponding to the as in the saying that “Asia is the breadbasket of the world.” The value of exports and imports by ...
Tags: LED lighting, Solar energy
US-based food company B&G Foods has completed the acquisition of frozen and canned vegetable Green Giant and Le Sueur brands from General Mills for $765m in cash. The deal also covers inventory adjustment at closing worth $58m. B&G ...
Tags: B&G Foods, General Mills
Grammer has signed a contract for the acquisition of the Reum Group, a provider of surface, plastics and metal technology. Reum is specialized in developing and manufacturing high-quality, design-oriented metal and plastic combinations, ...
Canadian organic food company SunOpta has completed the acquisition of Sunrise Holdings from investor group led by Paine & Partners for $444m, as part of its strategy to expand its portfolio of frozen fruit and fruit ingredient processing ...
Tags: SunOpta, frozen fruit, beverages, snacks
Dialog Semiconductor (XTRA: DLG) and Atmel Corporation (NASDAQ: ATML) announced today that Dialog has agreed to acquire Atmel in a cash and stock transaction for total consideration of approximately $4.6 billion. The acquisition creates a ...
Tags: Dialog Semiconductor, Atmel, Acquisition
Quirky (“Quirky”) and its affiliates (together, the “Company”) announced today that it filed a voluntarily petition under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern ...
Thule Group divested its Snow Chain business Wednesday in order to tighten its focus on driving growth in its core Outdoor & Bags segment, which makes everything from car racks to backpacks, and cases for consumer electronics. Thule Group ...
Tags: Thule Group, Outdoor, Bags
China’s polysilicon import volume has declined month by month after the total import volume peaked in May, according to the polysilicon import data in China. As China begins to close a loophole that permits duty-free polysilicon from ...
Tags: polysilicon, multi-si wafer
Scania has started selling its Euro 6 trucks powered by liquefied natural gas in the Netherlands, after having launched the vehicle in 2014. Liquefied natural gas (LNG), which is billed as the fuel having environmental benefits, is also ...
Tags: Euro 6 trucks, Scania, Liquefied natural gas
Affinia Group has inked a definitive merger pact to sell its global filtration operations to Germany-based Mann+Hummel, exclusive of its South America business. Though Mann + Hummel remained tightlipped about the terms, a regulatory ...
Tags: automobile manufacture, Affinia Group, comapny acquisition
A new £2.5 million fund will give Scottish motorists access to an interest-free loan of up to £50,000 for electric or plug-in hybrid vehicles. The Electric Vehicle Loan is open to anyone looking to buy a new electric or ...
For fiscal third-quarter 2015 (to end-June), Emcore Corp of Alhambra, CA, USA (which provides compound semiconductor-based chip-level devices, optical components, subsystems and systems for broadband and specialty fiber-optics markets) has ...
US based apparel marketer Columbia Sportswear Company said its net sales for the quarter ended June 30, 2015 grew 17 per cent year over year and thereby created a record for second quarter sales. In a press release, Columbia Sportswear ...
Tags: Sportswear, apparel
Pump manufacturer Concentric AB will lay off 34 staff as part of its plan to restructure its new manufacturing unit in Chivilcoy, Argentina, in the wake of drooping demand in commercial vehicle market in South America. The entire one-off ...
Tags: Pump, commercial vehicle
Multi brand online retailer Bluestem Group completed acquisition of Orchard Brands Corporation, also an online retailer of multi-brand family of 13 catalogue and ecommerce brands. The deal, according to a Bluestem Group press release, has ...
Tags: apparel, Orchard, Bluestem Group, private label