For first-quarter 2017, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $94.4m, rebounding further from $93.6m last quarter and up 21% on $78m a year ago. This is above ...
Tags: LED Demand, LED industry
Heineken has taken full control of Lagunitas Brewing after purchasing the Californian brewery's remaining 50% interest. Heineken, which initially purchased a 50% stake in Lagunitas in 2015, has not disclosed the the financial details of ...
Apple is almost always embroiled in an acquisition rumour, and the latest predictions put Netflix – amongst others – in the Silicon Valley store window. This week, we learned that Apple now has cash reserves totalling an ...
Chinese engineering firm Truking Group has agreed to acquire 75.1% stake in Romaco Group from German private equity company Deutsche Beteiligungs (DBAG). Romaco, which employs about 550 people, provides packaging and processing ...
Tags: Truking, coating machine
Protective packaging materials provider Pregis has acquired US-based Sharp Packaging Systems for an undisclosed sum. Based in Sussex of Wisconsin, Sharp is engaged in the designing and manufacturing of flexible bagging systems for the ...
Tags: packaging materials, Packaging
Berry Global Group has reported results for its second fiscal 2017 quarter, referred to in the following as the March 2017 quarter. Net income for the March 2017 quarter was $72 million ($0.54 per diluted share) compared to $59 million ...
Bosch is planning to divest its subsidiary Robert Bosch Starter Motors Generators, including all subsidiaries, to the purchaser consortium ZMJ (Zhengzhou Coal Mining Machinery Group Co., Ltd.), Zhengzhou, China, and CRCI (China Renaissance ...
Tags: Bosch, Motors, Generators
Parmalat has acquired two American dairy producers for an undisclosed price. With this transaction, the Parmalat Group acquires an important business active in the ethnic specialties segment in the United States, increasing its current ...
Tags: Parmalat, dairy producer
Print and packaging provider Multi Packaging Solutions International (MPS) has acquired Paris Art Label for an undisclosed price. MPS had signed a letter of intent in March this year to acquire the American manufacturer of labels and ...
US-based Imperial Bag & Paper has acquired Florida-based Peninsular Paper Products for an undisclosed sum. It is the ninth acquisition under the leadership of Imperial CEO and President Robert Tillis and Jason Tillis, respectively. Both ...
Tags: Imperial Bag, Paper Products
Pro Mach has acquired US-based rotary labeling, serialization and coding solutions provider, Weiler Labeling Systems. Weiler is engaged in the development and manufacture of high-speed and technologically advanced pressure-sensitive ...
Tags: Pro Mach, Weiler Labeling Systems
Avery Dennison has announced preliminary and unaudited results for its first quarter ended 1 April 2017. First Quarter 2017 Results by Segment Organic sales change refers to the increase or decrease in sales excluding the estimated ...
Tags: Avery Dennison, Graphic Materials
The first purported images of Fitbit’s delayed smartwatch and wireless headphones have appeared online. Yahoo Finance published renders on Monday showing a retro design with an aluminum unibody surrounding a large, square, colour ...
Tags: Fitbit, Apple Watch
Grupo Bimbo has acquired Groupe Adghal, a Morocco-based producer and distributer of baked goods. With sales rising to around 11 million dollars and a 20-year track record, Adghal represents Grupo Bimbo’s gateway to a new market. ...
Tags: Grupo Bimbo, Adghal, baked goods
Hain Frozen Foods UK, a subsidiary of The Hain Celestial Group, has acquired England-based soup manufacturer The Yorkshire Provender for an undisclosed price. The acquisition is expected to help the US-based Hain Celestial to expand its ...
Tags: Frozen Foods, soup