CULVER CITY, Calif. -- Jeffrey Wallner has been named president of accent furniture, youth and casual dining importer Powell Co.'s furniture division. Wallner will be responsible for sales, marketing and merchandising in the newly created ...
Tags: furniture
Industrial machinery maker Gardner Denver Inc yesterday confirmed media reports that it is exploring a sale, a deal which would value the US industrial machinery maker over $3 billion. Reacting to a Reuters report, the 150 year-old company ...
Tags: Market View, industrial machine
Danaher Corp (DHR.N) and Cooper Industries (CBE.N) will sell their hand and power tools joint venture, Apex Tool Group, to Bain Capital for about $1.6 billion, joining a growing group of U.S. conglomerates that is divesting its non-core ...
Tags: Market View, Power tool
News reports, backed up by several industry sources, say that the sale of KraussMaffei Group -- the world’s largest manufacturer of plastics equipment -- could be coming soon by Madison Capital Partners. Reuters and the German ...
Tags: market view, plastics machine
US dairy giant Dean Foods has said it is considering the sale of its Morningstar business,a producer of creams and cultured dairy products for foodservice and own-label firms. Dean Foods issued a statement yesterday(26 September)after a ...
The Etcetera Fall Collection launched under the new ownership of equal partners,Tom James Company and Royal Spirit,Ltd.of Hong Kong.In April of this year,Carlisle Etcetera LLC was formed to take the luxury lifestyle ladies clothing ...
According to Japan's Nikkei newspaper,the New York private equity company KKR will have a controlling stake in Renesas before the end of the year. KKR is reportedly offering$1.3bn for a controlling stake in the company whose market cap is ...
Tags: KKR, Renesas, mass sackings, investment
(Reuters) - Chinese companies are eyeing German machine tool group MAG, two sources close to the transaction said on Monday, in a sign appetite remains high among Chinese groups for the acquisition of German industrial know-how. State-owned ...
Tags: Market View, machine tool
Dairy Crest has received a binding offer for its French branded spread business St Hubert from Montagu Private Equity. Montagu,one of the firms originally reported to have shown an interest in acquiring the firm,is offering a ...
Tags: debt, St Hubert, acquisition, shareholders
Stanley Black & Decker Inc. has put up its hardware and home-improvement unit for sale in an auction that could fetch around $1.5 billion, people familiar with the matter said. The unit, part of Black & Decker before its 2010 merger with ...
Tags: Market View, hardware, hand tool, power tool
Premier Foods plc has booked an increase in first-quarter sales, boosted by the performance of its 'power brands'. For the three months to the end of March, group sales edged up 1.3% to GBP427m (US$689.6m), the Hovis maker reported today ...
Tags: increase sales, power brands, jam, pickles, share price
Milacron, the only US-based broad-line manufacturer of primary plastics equipment, will get a new private-equity owner, in news announced just before NPE2012 which runs April 1-5 in Orlando, Florida. Avenue Capital Group will sell the ...
Tags: market view
Danaher Corp. (DHR) and Cooper Industries (CBE) Plc are seeking buyers for a joint venture that makes hand tools for Sears Holdings Corp.’s Craftsman brand, said two people with knowledge of the matter. The venture, Apex Tool Group, ...
Tags: Market View, hand tool
Danaher Corp. (DHR) and Cooper Industries (CBE) Plc are seeking buyers for their jointly owned toolmaking business, said two people with knowledge of the matter. Apex Tool Group may fetch $1.5 billion or more and attract interest from ...
Tags: Market View, power tool, hand tool
CVC Capital Partners Ltd., the buyout firm that owns Formula One, agreed to buy Ahlsell AB for 1.8 billion euros ($2.4 billion) to expand in the wholesale supply of tools, machinery and building products. CVC is buying the Stockholm-based ...