Infineon Technologies AG of Munich, Germany has entered into a definitive agreement to acquire the Wolfspeed Power & RF division of Cree Inc of Durham, NC, USA for $850m in cash (about €740m). The deal also includes the related silicon ...
DS Smith reached an agreement to acquire corrugated producer Gopaca. The business is a well-invested corrugated producer, located near Porto, Portugal and employs c. 135 people. The acquisition strengthens our operations in Iberia, an ...
Tags: DS Smith, Gopaca, corrugated packaging
KBA-Sheetfed has developed new Rapida RSP 106 rotary screen printing press to produce luxury packaging and quality promotional material. The new offline finishing system, which is also suitable for industrial printing, operates with ...
Bega Cheese has announced a reduction in its opening farm gate milk prices for the 2016/17 financial year. The dairy company will pay approximately 11 per cent lower across all its supply regions. This equates to a Victoria farm gate milk ...
Tags: Bega Cheese, ASX, milk prices
KION GROUP AG, already one of the two largest suppliers of forklift trucks, warehouse equipment and related services with Linde and Baoli, amongst others, will become one of the largest global providers of intelligent intralogistics by ...
The Confucius Institute at Abomey-Calavi University in Benin has celebrated the Chinese Dragon Boat Festival, a traditional Chinese festival that falls on June 9 this year. On the occasion, four mixed teams of the Confucius Institute ...
Tags: Dragon Boat Festival, chopsticks
For its fiscal second-quarter 2016 (to 31 March), Emcore Corp of Alhambra, CA, USA - which provides indium phosphide (InP)-based optical chips, components, subsystems and systems for the broadband and specialty fiber-optics markets - has ...
Tags: Emcore, optical chips
For its fiscal third-quarter 2016 (to 26 March), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $101.1m, up 7.4% on $94.1m last quarter (a third ...
Dunelm's revenue for its third quarter (ending 2nd April) grew by 5.9% to £229m, and total like-for-like (LFL) growth (combining LFL stores and home delivery) increased by 1.1%. Sales performance in the quarter reflected strong ...
Tags: Dunelem, LFL growth, Sales performance
HanesBrands has agreed to acquire the privately held Italian company Champion Europe, which owns the trademark for the Champion brand in Europe, the Middle East and Africa, in an all-cash transaction. The purchase price will be 10 times ...
Tags: Champion Europe, Hanesbrands, EBITDA
In preliminary estimates for its fiscal third-quarter 2016 (to 27 March), Cree Inc of Durham, NC, USA expects revenue of $367m, about 11.5% below the targeted $400-430m, and down from $435.8m the prior quarter and $409.5m a year ago. ...
Tags: Cree LED
China is introducing a new tax which will impact Australian food companies that rely on selling their products online. Details of the tax are not yet clear however it is expected that online purchases from outside of China will be ...
Tags: Tax, Australian Products, Online Sales, Online Sales Tax
The traditional Chinese lunar calendar divides the year into 24 solar terms. Clear and Bright, the 5th solar term, starts this year on Apr 5 and ends on Apr 20. Of all the 24 solar terms, Clear and Bright is the only one whose first day ...
Reports on Thursday have claimed Google is secretly working on a competitor for the increasingly-capable Amazon Echo personal-assistant-cum-home-speaker. According to The Information, the project has been underway for months, but there ...
Tags: Google, Amazon Echo
Helen of Troy Limited, designer of consumer brand-name housewares, health and home, nutritional supplement and beauty products, closed its previously-announced acquisition of Steel Technology, LLC., which does business under the brand name ...
Tags: Helen Of Troy, Aquisition, Steel Technology, LLC, Hydro Flask