Infineon Technologies AG of Munich, Germany has entered into a definitive agreement to acquire the Wolfspeed Power & RF division of Cree Inc of Durham, NC, USA for $850m in cash (about €740m). The deal also includes the related silicon ...
Riber S.A. of Bezons, France, which manufactures molecular beam epitaxy (MBE) systems as well as evaporation sources and effusion cells, has reported a 23% rise in revenue from €5.7m in first-half 2015 to €7m in first-half 2016, ...
Tags: Riber MBE, molecular beam epitaxy
For fiscal third-quarter 2016 (to end-May), LED chip and component maker SemiLEDs Corp of Hsinchu, Taiwan has reported revenue of $2.38m (slightly below the expected $2.4-3m), down 18% on $2.92m last quarter and down 47% on $3.5m a year ...
US-based private equity firm KKR has committed to invest INR520 crore in India’s dairy company Kwality to support is growth plans. Kwality will utilise the funds for capital expenditure purposes to further strengthen its milk ...
Tags: INR520 Crore, private equity
General Mills is following consumer driven food trends with its line-up of products launching this summer around the world. Many of the new products closely align with increasing consumer interest in wellness, convenience, and snacking ...
Tags: General Mills, snack
Based in Dublin, Boulder has produced a number of award-winning series for Cartoon Network, Nickelodeon, Disney and the BBC, including Go Jetters and Danger Mouse. Hasbro has acquired the Irish animation company Boulder Media in its ...
Tags: Hasbro, Animation Studio Boulder
NiceLabel has introduced new software platform, designed for businesses to achieve maximum print productivity. NiceLabel 2017 software solutions enable companies to reduce their manual printing efforts and achieve on-demand print ...
Finland-based food company Raisio has signed an agreement to sell UK snack bar business, Halo Foods, to Dutch investor Nimbus. Halo Foods, a manufacturer of its partners’ branded products, became part of Raisio through the Glisten ...
Temperature assurance packaging provider Sonoco ThermoSafe has introduced three-day and five-day shipping solutions for temperature-controlled pharmaceuticals and biologics. The new line of packaging solutions is designed for the ...
Tags: Sonoco, Packaging, Pharmaceuticals
India based packaging firm Uflex has expanded its partnership with WaveFront Technology to manufacture Fresnel lens packaging films in Europe. The partners plan to commence film manufacturing in the final quarter of 2016. The ...
Tags: Uflex, Lens Packaging
MediaBrains, the online business advertising network, announced the launch of their new Packaging Directory for the Industrial Manufacturing market. The Packaging Directory is the latest addition to the MediaBrains Advertising Network. ...
Tags: MediaBrains, Packaging
Domestic demand is a key pillar of Chinese economy as the second quarter saw smooth growth and China will continue to promote the new economy to foster growth, Chinese Premier Li Keqiang said on Monday. The Chinese economy is going on ...
Tags: Chinese economy, Domestic demand
South African paper and packaging company Mondi Group has agreed to acquire ZAO Uralplastic-N (Uralplastic). The deal has been signed with Joint Stock Company Rusnano and a private investor to acquire Uralplastic, for undisclosed amount. ...
Tags: Consumer Packaging, Packaging
Valspar is expanding production capacity at its Singapore facility to meet increased demand for its food and beverage packaging products in the Asia Pacific region. The expansion is expected to come on line in 2017. "This investment ...
Holman Automotive, of Maple Shade, New Jersey, has completed its acquisition of Kuni Automotive, of Vancouver, Washington. The Kuni Automotive dealerships located in Washington, Oregon, California, Colorado and Kansas that were acquired ...
Tags: Holman Automotive, Kuni Automotive