It’s the world’s largest manufacturer of carton packaging for the food and beverage industry. Toronto private equity firm, Onex Corporation, the largest buyout firm in Canada, has agreed to buy SIG Combibloc from Rank Group New ...
BackJoy Orthotics, LLC. has received a minority investment from Sandbridge Capital, which recently took a stake in Rossignol. BackJoy is best known for its SitSmart Pro seat accessory that supports the back but has expanded into footwear, ...
Tags: sports bras, sports apparel, Sporting Goods
Under Armour said Byron K. Adams Jr. has left his post as Under Armour Inc.'s senior advisor to Chairman and CEO Kevin Plank, effective Friday, according to a filing with the Securities & Exchange Commission. Having served on the ...
Tags: human resources, Sporting Goods
Canadian private equity fund Onex has agreed to acquire Switzerland-based juice-box maker SIG Combibloc Group for around €3.75bn ($4.66bn). Out of the agreed amount, Onex will pay €3.575bn ($4.44bn) at the closing of the ...
Tags: juice-box maker, Combibloc, Agriculture
SIG was previously owned by Rank Group and the takeover is expected to be formally completed in the first quarter of 2015 Onex Corporation is a private equity investment firm. It is a publicly traded company controlled by its founder ...
Tags: Private Equity Firm, Packaging
The president for pharmaceutical and healthcare operations is to retire from the business. Mark Wenham, formerly responsible for the division’s operations in the UK, Ireland and Asia, has been promoted to executive vice president ...
Tags: Healthcare Europe, Packaging
Private equity firm Advent International has acquired Noosa Yoghurt in the US for an undisclosed amount. Noosa Finest Yoghurt is currently sold in more than 5,000 grocery, natural and specialty stores across the nation including Whole ...
Tags: Noosa Yoghurt, Agriculture
GTM (Grupo Transmerquim, S.A.), the second-largest chemical distributor in Latin America, has announced that its founding shareholders have signed a definitive agreement to transfer control of GTM to Advent International, one of the largest ...
Tags: chemical distributor, Construction
Kuwait Food Company Americana Group and TGI Fridays will enhance their partnership with a new agreement for Americana to open 35 new Fridays restaurants over the next five years. This agreement will give Americana a total of 90 Fridays ...
Tags: quick service restaurants, Kuwait Food Company, Agriculture
The Grib diamond mine in Russia, owned by the somewhat unlikely candidate of oil supplier Lukoil, is arguably the most prospective of the new generation of diamond mines. Therefore, its launch of commercial mining earlier this year and the ...
Tags: Grib Diamonds, Diamonds
Apparel retailer Gap Inc, has promoted two of its senior executives as presidents of two of its brands, Gap and Banana Republic. Jeff Kirwan, who currently serves as president of greater China for Gap Inc, will become global president for ...
Tags: Gap brand, Banana Republic, Apparel
The garment industry in Myanmar has great potential for growth in the next 10 years, if it works towards development with strategic planning, according to the members of the Myanmar Garment Manufacturers Association (MGMA), Myanmar Times ...
Tags: garment industry, Apparel
Never in a million years would I have expected to be living the life that I live now. I grew up as a Chinese American in the suburbs of the United States of America, studied Accounting at the University of Washington in Seattle, and started ...
Ashland Inc, a manufacturer of specialty chemical solutions, said it has hired William Wulfsohn as its new CEO, who replaces James O'Brien, who retires at the end of December. Wulfsohn, 52, brings nearly 30 years of world-class chemicals ...
Tags: specialty alloys, powder metal stainless steels, Textile
Private label beverage producer Cott Corporation has agreed to acquire US-based water and coffee producer DSS Group for $1.25bn. The two companies have signed a definitive merger agreement, which will be closed by the end of January ...
Tags: direct-to-customer delivery, beverage platform, Agriculture