Arla Foods is making a non-binding bid for a majority stake in Arab Dairy Products Company, a listed company based in Cairo, Egypt. The bid of 65 Egyptian pounds per share is dependent on a satisfactory due diligence of the dairy company ...
Tags: Arla Foods, Non-Binding Bid, Food
Based on its recent analysis of the gallium nitride (GaN)-based devices market, Frost & Sullivan has recognized Advantech Wireless of Montreal, Canada (which manufactures satellite, RF equipment and microwave systems) with the 2014 North ...
Tags: Wireless'GaN Devices, Electronics
Japanese food producer Ajinomoto has agreed to acquire US-based frozen food maker Windsor Quality for $800m. Windsor has seven production facilities throughout the US and strong brands/positions in Asian, Mexican, Italian and appetizer ...
Tags: Agriculture, Food
Kaplast, a manufacturer of plastic products specialising in added value returnable beverage and food packaging, will be integrated into the DS Smith Plastics Division’s Rigid Packaging Group. Hans Van Der Looij, managing director of ...
Tags: DS Smith, Injection Moulding
The contract packing business is often seen as sizeable automated production lines packing products for brands. Blackburn-based Granby Marketing Services claims to be more diversified in the nature and method of its business than many of ...
Tags: packing business, packing services
The plants in North Carolina, Pennsylvania and Michigan convert (sheet and rewind) bleached paperboard, and also feature finishing departments and distribution centres. After the purchase, Atlantic will employ over 900 people and will be ...
In a statement, Holfeld said that the acquisition creates “exciting opportunities for the continued development and expansion of both Holfeld Plastics and PPE. Our combined product range and merged technical resources enhancing our ...
Tags: Holfeld, Par-Pak Europe
BASF Group company Wintershall is further expanding its oil and gas production and reserves in the North Sea. Wintershall will acquire shares in the two producing fields Gjøa (5%) and Vega (24.5%), the development project Aasta ...
Tags: BASF, oil, gas production
Eastman Chemical Company has entered into a definitive agreement with Taminco Corporation under which Eastman will acquire Taminco, a global specialty chemical company. Under the terms of the agreement, Taminco stockholders will receive ...
Driven by acquisition of Jos. A. Bank and also rise in retail segment sales, clothing marketer Men's Wearhouse said it reported a 24% revenue hike in the second quarter ended August 2, 2014. Total net sales increased 24.1% or $155.8 ...
Huber Engineered Materials, a division of J.M. Huber Corporation, has increased capacity at its precipitated alumina trihydrate (ATH) plant in Bauxite, Arkansas by 30 percent. “Huber has a long-term, multi-stage plan to ...
Tags: Huber, fire retardant additives, ATH
Leviton today announced the acquisition of BitWise Controls, LLC, a leader in design and manufacture of control and monitoring solutions for residential and commercial facilities. Leviton has been carrying BitWise Controls' automation ...
Dairy Home, a leading dairy producer, has agreed to use bioplastics for all of its yoghurt packaging, in a deal struck with NatureWorks Asia Pacific, an affiliate of PTT Global Chemical. Heralded as the first such deal sealed with an ...
Tags: Chemicals, Green Chemicals
US-based food firm General Mills has agreed to acquire organic and natural foods producer Annie’s, in a deal worth $820m. A definitive agreement to this effect was signed between both the companies. As per the agreed terms, ...
Tags: General Mills, natural foods, organic foods
For fiscal first-quarter 2015 (ended 27 July 2014), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported its eighth consecutive quarter of sequential revenue growth, to a record $327.6m, ...