Singapore-based Jardine Cycle and Carriage (JC&C) has agreed to acquire 5.53% stake in Vietnam Dairy Products Joint Stock Company (Vinamilk) for $616.6m through its subsidiary Platinum Victory. The stake has been purchased via an auction ...
Tags: Jardine Cycle, Milk
US-based Alpha Packaging has acquired Graham Packaging’s blow molding facility located in Etten-Leur, Netherlands, in a bid to expand its operations in the European market. Terms of the deal have not been disclosed. The acquired ...
Tags: Alpha Packaging, Packaging
For fiscal first-quarter 2018 (to end-September 2017), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $155.6m (split about 48%:52% between ...
Tags: components, modules, optical communications
Citic Capital China Partners is in advanced talks with Oaktree Capital Management to acquire French cosmetic packaging solutions provider Axilone. Based in Paris, Axilone designs and manufactures plastic and metal packaging solutions for ...
Tags: Citic Capital, Cosmetics Packaging
The UK's Wine and Spirit Trade Association (WSTA) has joined forces with trade bodies from across Europe to agree a ground breaking Brexit position paper. While politicians refuse to discuss the future trade relationship between the UK ...
German spice producer Fuchs Group has acquired UK-based herbs and spices producer Bart Ingredients from private equity firm Langholm Capital for an undisclosed price. Through the acquisition, Fuchs plans to continue its global growth ...
Tags: Bart Ingredients, UK market
Littlejohn & Co has signed a definitive agreement to acquire Strategic Materials, Inc., a leading environmental services company and the largest glass recycler in North America, from Willis Stein & Partners and Vision Capital. Financial ...
Tags: glass recycler, bead
Anchor Glass Container has announced the following additions to the Anchor Glass Senior Leadership Team. Steve Stout has been named as Vice President-Engineering. Steve will be responsible for strategic capital investments and developing ...
Tags: Anchor, Glass Container
CapitalG, a growth investment fund under Alphabet has led $1bn round of investment in ride-hailing company Lyft. With this investment, Lyft’s valuation has gone up to $11bn. CapitalG’s partner David Lawee will be joining ...
Tags: CapitalG, Rival Lyft
Private equity firm Genstar Capital has acquired US-based Tekni-Plex from American Securities for an undisclosed sum. Based in Wayne of Pennsylvania, Tekni-Plex produces products, components and materials for healthcare, specialty ...
Tags: Genstar Capital, packaging
Taiwan Hardware Show 2017 (THS 2017), held on October 11th through October 13th, will take place at Greater Taichung International Expo Center nearby the High Speed Rail, Taichung Station; with 409 professional exhibitors and global buyers ...
Tags: Hardware Show, Hardware Industry
Neenah Paper has signed a definitive agreement to purchase all of the outstanding equity of W.A. Sanders Coldenhove Holding. Coldenhove is a specialty materials manufacturer based in the Netherlands, with a leading position in digital ...
Belgium-based VPK Packaging Group has agreed to acquire a 30% stake in corrugated sheet manufacturer CorrBoard UK for an undisclosed price. As part of the transaction, VPK Packaging has agreed for a capital increase and will acquire the ...
Tags: VPK Packaging, Packaging
Automaker Ford Motor is targeting $10bn in incremental material cost reductions and lower engineering costs by $4bn from planned levels over the next five years. Ford’s newly appointed CEO and president Jim Hackett noted that the ...
Tags: Ford Motor, Ford
“The SiC power business is concrete and real, with a promising outlook,” said Yole Développement in 2016. The trend has not changed in 2017, and the SiC industry is going even further as industrial players have increasing ...
Tags: SiC power, SiC devices