Hormel Foods has agreed to acquire Applegate Farms, a natural and organic meat products manufacturer, for around $775m. The companies have reached a definitive agreement to this effect. Applegate will operate as a separate, stand-alone ...
TRW Automotive has agreed to sell its linkage and suspension business to THK for $400m in an all-cash deal. The linkage and suspension business generates revenues of $550m. Subject to customary conditions including regulatory approvals, ...
Tags: TRW Automotive, Linkage
Johnson Controls and Yanfeng Automotive Trim Systems have agreed to form a joint venture (JV) to supply automotive interiors. Named Yanfeng Automotive Interiors, the JV is said to become the largest automotive interiors company in the ...
The U.S. Environmental Protection Agency (EPA) announced its approval of Enlist Duo herbicide for use in additional states. Arkansas, Kansas, Louisiana, Minnesota, Missouri, Mississippi, Nebraska, Oklahoma and North Dakota now join the ...
Tags: Enlist Duo, local approvals, Agriculture
Royal Philips NV of Amsterdam, The Netherlands (the world's largest lighting producer) has agreed to sell an 80.1% stake in its combined LED components and Automotive lighting business to GO Scale Capital, a new growth-stage investment fund ...
Tags: Lumileds, Royal Philips, Electronics
Royal Philips has announced that it has signed an agreement with a consortium led by GO Scale Capital through which it will acquire an 80.1% interest in Philips' combined LED components and automotive lighting business, with Philips ...
Tags: automotive lighting, Philips, LED
Dutch multinational announces sale of its LED components and automotive lighting business as it turns toward new HealthTech focus. Chris Newmarker Royal Philips has set the wheels in motion when it comes to a split-up of the company ...
Shock Doctor Sports and McDavid Inc. jointly announced that they have agreed to merge their companies. The combination will bring together two leading sports protection and performance companies with complementary product lines and a shared ...
Tags: Shock Doctor Sports, McDavid, Sporting Goods
Microsemi Corp of Aliso Viejo, CA, USA (which designs and makes analog and RF devices, mixed-signal integrated circuits and subsystems for communications, defense & security, aerospace and industrial markets) has entered into a definitive ...
Tags: Microsemi, Vitesse, Electronics
Bosch Packaging Technology is planning to reinforce its presence in the liquid food industry with the acquisition of Osgood Industries. Oldsmar, Florida-headquartered Osgood Industries produces fill- and seal equipment, including ...
Tags: Bosch Packaging, Packaging
ICL, a global manufacturer of essential food products, announced that its ICL Food Specialties business unit has inked a share purchase agreement to acquire Prolactal GmbH, and its subsidiary, Rovita GmbH, collectively known as Prolactal. ...
Tags: beverage, dairy, meat industries, Agriculture
Rock-Tenn Company has collaborated with US-based global packaging company MeadWestvaco Corporation (MWV) to create a combined company of packaging (NewCo) in a transaction with an equity value of $16 billion. Under the terms of the ...
Lantmannen has agreed to acquire all the remaining shares, it does not already own in Finland-based thin crisp producer Vaasan, from Lion Capital for an undisclosed amount. The acquisition is in line with Lantmannen's strategy to ...
Tags: thin crisp, bakery products, Agriculture
Mohawk Industries has entered into a definitive agreement to acquire the IVC Group. IVC is a major manufacturer of sheet vinyl, luxury vinyl tile (LVT) and laminate, with operations in Europe and the U.S. and sales of approximately $700 ...
Tags: customary closing conditions, regulatory approvals, Construction
Jack Wolfskin has reached an agreement to buy out its Chinese distributor and licensee over the next two years to clear the way for a new subsidiary it will establish in the People's Republic of China, or PRC. In exchange for a two-year ...
Tags: Jack Wolfskin, Chinese Distributor