Austrian aluminium producer Amag rolling has selected Primetals Technologies to upgrade the drive technology on the four-high cold rolling stand at its facility in Ranshofen in a bid to increase availability. As part of the deal, ...
Tags: Ranshofen, AMAG, converters
Skyworks Solutions Inc of Woburn, MA, USA (which manufactures analog and mixed-signal semiconductors) says that, for $76.5m, it has acquired the remaining 34% stake that it did not already own in the filter joint venture it created with ...
Borosil Glass Works has entered primary pharma glass packaging business with the acquisition of 60.3% stake in India-based Klasspack. However, financial terms of the deal were not disclosed. For the ownership stake acquisition in ...
Ube Machinery has signed an agreement to acquire 85% equity stake in Mitsubishi Heavy Industries Plastic Technology. The acquisition will allow Ube Machinery to secure Mitsubishi’s worldwide business in injection molding machines. ...
Tags: Ube Machinery, Mitsubishi
French dairy giant The Bel Group has agreed to engage in exclusive negotiations to acquire a majority stake in fruit snacks and dessert maker MOM Group. Owned by a private equity LBO France, the MOM Group has significant presence in the ...
South Korean electronics giant Samsung has acquired a 2% stake in Chinese electric vehicle maker BYD for $455m. This move is being seen as an attempt by the South Korean firm to foray into automotive industry. Many technology ...
Tags: Electric Vehicle, BYD, Samsung
Spanish Ebro Foods has acquired a controlling stake in flour producer and retailer Santa Rita Harinas for €4.8m ($5.34m). In a statement to Spain’s National Securities Market Commission (CNMV), Ebro said that it has bought 52% ...
Tags: Ebro Foods, Santa Rita
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
Chinese fruit exporter Golden Wing Mau Agricultural Produce has acquired 19.99% stake in New Zealand fruit and vegetable group Turners & Growers (T&G) Global. Golden Wing Mau paid NZD2.95 a share to purchase 13.16 million shares from ...
Tags: fruit, Golden Wing Mau
French dairy giant Danone has entered into an agreement to acquire WhiteWave Foods in an all-cash deal worth $12.5bn. The acquisition is expected to double the size of Danone's business in the US, while helping the company to move towards ...
Tags: WhiteWave Foods, Danone, beverage categories
Brazilian meat company BRF has announced that it would establish a new subsidiary that will focus on supplying meat for Muslim markets. The company said it would set up a unit Sadia Halal that will hold assets related to the production, ...
Tags: BRF, Muslim Markets
Specialized Packaging Group (SPG), a North American engineering and protective packaging firm with over 1,000 employees across 16 plants, announced that President and CEO Paul Gaulin has repurchased Investissement Québec's stake in ...
Tags: SPG, packaging systems, Investissement
A marine diesel engine is the major power equipment of a vessel, with the cost accounting for around 10% of the total. It can be divided into low-speed, medium-speed and high-speed marine diesel engines according to the rotational speed. ...
Kering chairman and chief executive Franis-Henri Pinault told the Financial Times that Puma was not for sale for the time being. He further said the company, which also owns a number of luxury brands including Gucci, Bottega Veneta and ...
Tags: YakKering, Puma, sports brands
Mitsubishi Motors said that it will book a $480m charge this fiscal year to compensate customers who are affected by its fuel economy manipulation scandal. Chairman Osamu Masuko said that the company will pay a compensation of ¥100000 ...
Tags: Mitsubishi Motors, eK Wagon