With interconnect, passive and electromechanical IP&E component suppliers about to announce their quarterly earnings over the next few weeks, one fact is certain: several are now fatter companies thanks to a second quarter buying spree of ...
Tags: IP&E, Electrical, Electronics
Athos, which has announced plans to launch a line of biometric fitness apparel this fall, has closed $12.2 million in Series B financing. The Redwood City, CA company said it will use the funds to further commercialize its product and ...
Tags: Athos, Financing, Sporting Goods
The Afrezza-branded inhaled insulin from Mannkind (Valencia, CA) will be introduced in the United States in 2015 after Sanofi entered into an agreement with the company, offering up to $925 million for the rights to sell the product ...
Six US and African based textile and apparel trade bodies, including the United States Fashion Industry Association (USFIA), called for renewal of the African Growth & Opportunity Act (AGOA), expiring on September 30, 2015. They requested ...
Tags: USFIA, Apparel, Accessories
Dennis Wilson, founder and board member of NASDAQ-listed lululemon athletica Inc has sold his 13.85% stake to Advent International, a global private equity investor. The deal has been signed for $845 million and Advent will be acquiring ...
Tags: Dennis Wilson, Apparel, Accessories
Like the kid on the playground who watches others hop on and off the spinning merry-go-round, Boston Scientific says it will sit out the current whirl of medtech mergers. Following last week’s second-quarter earnings report, ...
CR Bard execs know they have a gorilla of a competitor in the proposed $43 billion Medtronic acquisition of Covidien, particularly in the vascular business. They aren’t predicting the effects of that business combination on Bard, ...
Tags: CR Bard Eyes, Health, Medicine
President Obama clearly doesn’t like Medtronic’s plan to move its headquarters to Ireland through the acquisition of Covidien. Medtronic’s $43 billion acquisition of Covidien would be the largest tax inversion deal yet. ...
Tags: Medtronic-Covidien, Health, Medicine
Hormel Foods has completed the acquisition of sports nutrition products firm CytoSport Holdings in a $450m deal announced in June. CytoSport is expected to have sales of approximately $370m in 2014 but the benefits of the acquisition ...
Brazil steelmaker Companhia Siderurgica Nacional (CSN) has confirmed it is interested in acquiring US-based Gallatin Steel, according to a CSN executive. "We've tried to enter in the Severstal deal and we didn't succeed. We're looking at ...
Tags: CSN, Metallurgy, Mineral
FleetPride, Inc., the nation's largest independent distributor of aftermarket heavy-duty truck and trailer parts, announced today that it has acquired the assets of Republic Diesel truck parts and service business. The acquisition ...
Tags: FleetPride, Auto Parts, Accessories
US-based Golden State Foods has acquired ownership of New Zealand-based Snap Fresh Foods, for an undisclosed amount. Snap Fresh Foods supplies premium salad greens, vegetable mixes, baby-peeled carrots, fresh sprouts, dressings and ...
Tags: New Zealand, Ownership, Food
Woolworths Holdings Limited announced a number of senior management changes in Australia that follow the completion of WHL’s acquisition of David Jones Ltd (“David Jones”) and its buy out of the minority interests in ...
Tags: Woolworths
McCarthy Tire Service Co. Inc. purchased Terry-Haggerty Tire Co. from Jim and Tom Terry in a transaction that closed Aug. 11, 2014. The acquisition gives McCarthy a combined commercial-retail location and a stand-alone retread shop in ...
Tags: McCarthy Tire, Terry-Haggerty, Auto Parts
Flowcrete Americas has moved its center of operations to a new facility to meet a rise in demand for its specialist polymer floor systems across the U.S., Canada, Latin America and the Caribbean. The 30,000 square foot facility, located ...
Tags: Flowcrete Americas, Move, Decoration