American food company Hormel Foods has agreed to acquire deli meat and salami company Columbus Manufacturing from Arbor Investments for about $850m. The acquisition places Hormel as a complete deli solutions provider and also boost its ...
Tags: Hormel Foods, authentic products
Constantia Flexibles has completed the €1.15bn ($1.3bn) divestiture of its labels division to Ohio-based printing company Multi-Color Corporation following the receipt of regulatory authorities. As part of the deal, Constantia ...
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Electronics For Imaging (EFI) has reported a 1% increase in its revenue to $248.4m for the third quarter of 2017, compared to $245.6m the same period last year. The Silicon Valley-based technology company which specializes in ...
Tags: digital printing
India-based Alpha Plastomers has expanded its product portfolio with the introduction of new flexible packaging materials and polyethylene terephthalate (PET) bottles. Alpha provides rigid and flexible plastic packaging solutions for the ...
Tags: Flexible Packaging, PET Bottles
TricorBraun has collaborated with Amfora Packaging to form a new joint venture (JV) company to serve customers in the South American region. The partnership has formed TricorBraun South America SAS, which is a 50-50 JV firm with ...
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For third-quarter 2017, South Korean LED maker Seoul Semiconductor Co Ltd has reported revenue of KrW305bn, up 14% on KRW267bn last quarter due to strong sales of its Acrich MJT, Wicop, UCD and filament LED products. Within the lighting ...
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Avery Dennison has announced preliminary, unaudited results for its third quarter ended 30 September 2017. All non-GAAP financial measures referenced in this document are reconciled to GAAP in the attached tables. Unless otherwise ...
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Spain-based paper mill company Europac Group has increased its net profit by 81.8% to £58.2m for the first nine months of the year compared to the same period last year. The company made a turnover of €876.9m in the reported ...
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Crown Holdings has announced its financial results for the third quarter ended 30 September 2017. Third Quarter Highlights Earnings per share $1.32Adjusted earnings per share $1.41$62 million of Q3 share repurchases; $339 million ...
Total global LED chip production capacity has entered a new peak expansionary phase in 2017, according to the latest LED market supply and demand analysis by LEDinside (a division of TrendForce). This recent surge of capacity expansion has ...
Tags: LED market, LED Chip
For third-quarter 2017, Riber S.A. of Bezons, France, which manufactures molecular beam epitaxy (MBE) systems as well as evaporation sources and effusion cells, has reported revenue of €2.8m, up 145% on €1.1m a year ago. Revenue ...
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Although the market for RF gallium arsenide (GaAs) devices (merchant and captive, but excluding foundry) rose by just 0.9% in 2016 as an anticipated drop in cellular revenue nearly offset gains in other market segments, revenue still ...
Tags: GaAs RF market, LTE
British packaging company Reflex Labels has purchased a new Bar Graphic Machine (BGM) for larger unwinds and also to facilitate more complex substrates in label production. The new equipment is the 25th machine purchased by the packaging ...
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German spice producer Fuchs Group has acquired UK-based herbs and spices producer Bart Ingredients from private equity firm Langholm Capital for an undisclosed price. Through the acquisition, Fuchs plans to continue its global growth ...
Tags: Bart Ingredients, UK market
Hilton Foods has agreed to acquire chilled UK fish processor Icelandic Group UK (Seachill) for cash consideration of £80.8m. The Company also announces its intention to conduct a non-pre-emptive underwritten cash placing to raise ...
Tags: Hilton Foods, Fish Processor