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
US based Ferrara Candy Company is set to increase the manufacturing capacity and capabilities of its manufacturing facility in Bellwood, Illinois. In addition, the company is also planning to open a new packaging centre in Bolingbrook. ...
Tags: Ferrara Candy, Network, Food
The Finish Line reported earnings declined 5.4 percent to $40.4 million, or 87 cents in its fourth quarter ended Feb. 28, but adjusted earnings topped Wall Street's consensus target. Sales improved 6.3 percent to $551.3 million with comps ...
Tags: Balance Sheet, Wall Street, Sporting Goods
Allison Transmission recently announced that Ohara Corporation’s new SM100S Antarctic snow vehicle, the first such product Ohara has released in 10 years, will be equipped with an Allison 4000 Series™ fully automatic ...
Tags: Allison Transmission, Snow Vehicle
Owned by UBM plc listed on the London Stock Exchange, UBM Asia is Asia's leading exhibition organiser and the biggest commercial organiser in mainland China, India and Malaysia. Established with its headquarters in Hong Kong and ...
Tags: Footprints
BASF and ExxonMobil Research and Engineering Company (EMRE) have concluded an agreement on EMRE’s FLEXSORBTM technology. The agreement provides BASF with the right to sublicense the technology and supply the related solvent to third ...
Tags: BASF, ExxonMobil, Gas Treatment Technology
My Country Business Awards, a competition run by Country Homes & Interiors (CH&I), a home interiors publication has partnered British Wool, to promote entrepreneurs to move their businesses forward. British Wool will be the major ...
Private equity firm, The Onex Group, has completed the acquisition process of SIG Combibloc Group, suppliers of carton packaging and filling machines for beverages and food, for €3.75bn. SIG is a part of the New Zealand-based Rank ...
Tags: packaging materials, corresponding filling machines, SIG
Investment group CorpAcq has forayed into the packaging industry with the acquisition of UK-based Northern Packaging for an undisclosed amount. Based in Altrincham, Northern Packaging operates from two sites in Skelmersdale, West ...
Tags: CorpAcq, packaging industry
UK-based whiskey and vodka producer Inver House Distillers is planning to ramp up its production capacity in order to cater to increasing demand in international markets. The company has secured £10m in loan from Bank of ...
Tags: Inver House, whiskey, vodka
France-based rice producer Marbour has agreed to acquire 100% stake in Canadian establishment MRRM. Both the companies have entered into a definitive agreement to this effect. MRRM mills, bags, packages, cans, processes, and sells ...
Tags: rice, Marbour, MRRM mills
Soft drink manufacturer A.G. Barr has acquired cocktail company Funkin, in a deal worth £21m. The deal includes initial cash consideration of £16.5m and close to £4.5m, which will be offered when certain financial ...
Tags: Cocktail, Cocktail Business
French investment firm Wendel has acquired the US-based plastics packaging company, CSP Technologies, for $360m. The Wendel Group has invested $198m for a 98% ownership in CSP, which is based in Auburn, Alabama. CSP, which has ...
Crocs Inc. announced its Gregg Ribatt will start working as its new CEO Jan. 28 and that Jason Giordano, managing director of Blackstone's Private Equity Group, has joined its board of directors. Ribatt, who was named at Crocs newest CEO ...
Tags: footwear, apparel, Sporting Goods
Pasternack Enterprises Inc of Irvine, CA, USA (which makes passive and active RF, microwave and millimeter-wave products) has appointed Tim Galla as product manager for Active RF Components. Galla has more than 25 years of product ...
Tags: limiters, mixers, oscillators, circulators, Electrical