Olam International has acquired a 100% stake in Brooks Peanut Company for $85m. Brooks, which was established in 1959, is based in Samson, Alabama. It is currently the sixth largest peanut sheller in the US. The company processes about ...
Tags: Olam International, Brooks, peanut
China faces two separate challenges: the long-term issue of a declining potential growth rate and the immediate problem of below-potential actual growth. Indeed, the government's supply-side reform strategy will go a long way toward doing ...
Ferro Corporation announced it has completed the acquisition of Pinturas Benicarló (Pinturas). Ferro has acquired 100% of the equity of privately held Benicarló, Spain-based Pinturas for €15.0 million in cash, on a ...
Tags: Ferro Corporation, Pinturas
US Foods has entered into an agreement to acquire fresh fruit and vegetable processing company Freshway Foods for an undisclosed sum. Freshway Foods also repacks and distributes fresh fruits and vegetables to customers throughout the ...
Tags: Fresh Fruit, Vegetable
Specialty label and packaging solutions provider CCL Industries has agreed to acquire privately held companies Eukerdruck and Pharma Druck CDM (Euker) for approximately $31m including its debt. The two companies have common shareholders ...
Tags: CCL Industries, packaging
For first-quarter 2016, Rubicon Technology Inc of Bensenville, IL, USA (which makes monocrystalline sapphire substrates and products for the LED, semiconductor and optical industries) has reported revenue of $4.3m, down on $8.9m a year ago ...
Tags: Rubicon Sapphire, substrates
Cascades, a leader in the recovery and manufacturing of green packaging and tissue paper products, announces that the Greenpac Mill located in Niagara Falls, NY, a company created in partnership with the Caisse de dépt et de ...
Tags: Cascades, green packaging
Petainer UK Holdings has completed the transaction with KKR Credit for a €100m debt and equity investment. The funding from KKR Credit is being used to refinance the Company's capital structure and also finance the implementation of ...
Tags: KKR Credit, Petainer
For first-quarter 2016, NeoPhotonics Corp of San Jose, CA, USA (a vertically integrated designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for high-speed communications networks) has reported ...
Tags: NeoPhotonics, PICs
For full-year 2015, Riber S.A. of Bezons, France, which manufactures molecular beam epitaxy (MBE) systems as well as evaporation sources and effusion cells, has reported revenue of €12.8m, down 23% on 2014's €16.6m. This is due ...
Under Armour Inc. reported revenues in the first quarter increased 30 percent in the first quarter of 2016 to $1.05 billion compared with net revenues of $805 million in the prior year's period. Wall Street's average expectation was $1.04 ...
Tags: Under Armour, Revenues
Faurecia has agreed to sell its auto exterior business to Plastic Omnium for an enterprise value of €665m. The sale covers Faurecia's bumpers and front-end modules business, which had sales of €2bn in 2015. The business employs ...
Tags: Faurecia, Plastic Omnium
US-based private-equity firm Kohlberg Kravis Roberts (KKR) has agreed to provide €100m debt and equity financing to sustainable packaging provider Petainer UK. The funding will be used by Petainer to finance its capital structure and ...
Tags: KKR, Petainer, Investment
Performance Sports Group Ltd. swung to a net loss in the fiscal third quarter ended February 29 as expected due to a precipitous drop in baseball and softball sales, retail bankruptcies and the impact of currency exchange rates on its ...
Pacific Sunwear of California, Inc. entered into a restructuring support agreement (RSA) with affiliates of Golden Gate Capital, the holder of its secured term loan provider under the company's financing facilities. In conjunction with the ...
Tags: Pacific Sunwear, RSA, Golden Gate Capital, Bankruptcy