Siemens may be saying Auf Wiedersehen to its healthcare business, but won’t be taking it public anytime soon. The German giant announced in November that it would legally separate its healthcare business from the rest of the ...
Tags: molecular biology, x-ray equipment, Health
Thai Union Frozen Products (TUF) has agreed to acquire Bumble Bee Seafoods from pan-Atlantic private equity firm Lion Capital for $1.51bn. An agreement to acquire 100% of the shares of Bumble Bee Foods has been reached by TUF. Bumble ...
Tags: Seafoods, Agriculture
Since the 21st century, China has seen rapid development of the welding equipment industry, and become the world's largest producer and exporter of welding equipment. In 2013, the enterprises with the annual sales revenue of over RMB20 ...
Tags: welding equipment, Manufacturing
Sweden-based Indutrade has acquired all of the shares in Verbeeck Packaging Group based in Wilrijk, Belgium which has annual sales of €5m. Verbeeck is made up of a number of companies that specialise in producing cosmetics, ...
Tags: cosmetics, pharmaceutical, industrial, Agriculture
Australia-based Accolade Wines has agreed to acquire Grant Burge Wines in Barossa for an undisclosed amount. An agreement to this effect was signed by the two companies. The acquisition, which is subject to certain third-party ...
Tags: Wines, Grant Burge, Agriculture
Children’s multi-brand fashion e-tailer Melijoe.com said it has raised €9 million in fresh capital funding, led by Gimv, one of Europe’s largest investment companies. One of its early investors and a historical ...
DSW Inc. reported third-quarter earnings declined 9.8 percent to $49.6 million, or 55 cents a share. But earnings came in better than Wall Street estimates and sales in all major categories accelerated compared to the first half. Comparable ...
Tags: women's footwear, Sporting Goods
British food and drinks companies are losing over £11.2bn to fraud and error annually which is equal to over 85% of their total profits. The food and drink industry can boost its profitability by £4.48bn, or more than 34% ...
Tags: Food Firms, Fraud, Agriculture
The firm is now forecasting sales in excess of $1m for 2015/16 and reports strong response to its magic sets from children and parents alike. Marvin’s Magic has conjured an international following, with reports of annual sales for ...
Tags: magic play-set specialists, Toys
French dairy company Danone is increasing its stake by more than 90% in Moroccan dairy firm Central Laitière with an investment of €278m ($348m), in an effort to cut down its reliance on European region, where dairy is ...
Tags: Moroccan dairy, Agriculture
India-based freeze dried food firm Saraf Foods has announced plans to expand its production capacity by 50%, in a move to cater to the increasing consumer demand for ready-to-eat foods. As part of the expansion, the company plans to ...
Tags: freeze dried food firm, ready-to-eat foods, Agriculture
Ashland Inc, a manufacturer of specialty chemical solutions, said it has hired William Wulfsohn as its new CEO, who replaces James O'Brien, who retires at the end of December. Wulfsohn, 52, brings nearly 30 years of world-class chemicals ...
Tags: specialty alloys, powder metal stainless steels, Textile
Dow Chemical said it will reconfigure and reduce its equity base in the MEGlobal and Greater Equate joint ventures, including Kuwait Olefins Company (TKOC) and Kuwait Styrene Company (TKSC). This reduction, Dow said, will be done through ...
Tags: petrochemical products, Qurain Petrochemical Industries, Textile
Global packaging company Sonoco has announced that it has acquired Germany-based Weidenhammer Packaging Group for $360m (€286m) in cash. Weidenhammer specializes in producing composite cans along with composite drums and rigid ...
India-based extrusion machine manufacturer Rajoo Engineers will be working with Netherlands-based Meaf Machines to produce sheet and thermoforming equipment. Meaf will provide product design, technical know-how and critical components to ...
Tags: thermoforming equipment, blown film lines, Agriculture