Columbia Pacific Advisors said it sold POW Gloves to Rojo Australia, Spacecraft Collective to Omen Longboards and Holden Outerwear to unidentified private investors 30 months after investing $2.5 million in the partnership that used to own ...
Tags: POW Gloves, Rojo Austalia, POW Holdings Brands, D.A, Davidson&Co.
Plant-based ingredients provider Naturex has divested its stake in the joint venture with Aker Biomarine which was created to krill extract production. As part of the agreement, Aker BioMarine will pay Naturex an undisclosed sum ...
Tags: Naturex, Aker Biomarine, Ingredients provider, Extract production
The European Bank for Reconstruction and Development (EBRD) has agreed to make $100m equity investment in Egypt-based United Sugar Company (USC), which is also a subsidiary of Savola Group, to strengthen the agribusiness sector in the ...
Tags: EBRD, Investment, USC, United Sugar Company, Savola Group
Organic food producer United Natural Foods (UNFI) has acquired the outstanding stock and an affiliate along with certain real estate of Nor-Cal Produce for $68.6m cash. With the Nor-Cal Produce acquisition, United Natural Foods intends ...
The global transaction services organization SWIFT says the Chinese currency is increasingly being used by financial institutions worldwide to settle transactions. The organization said the yuan remained the fifth most used currency for ...
Tags: SWIFT, Chinese currency
Siegwerk Druckfarben, one of the international suppliers of printing inks for packaging applications, labels, and catalogs, has signed a contract to purchase the printing ink manufacturer ACTEGA Colorchemie and its subsidiaries. The ...
Tags: Siegwerk, ACTEGA, Altana Group
French dairy processing company Saputo is planning to close three manufacturing facilities in Canada located in Sydney (Nova Scotia), Princeville (Québec) and Ottawa (Ontario). The plant closures are expected to take place in ...
Tags: Saputo, Manufacturing Plants
Food company Cerealto has acquired Mondelez International’s biscuit factory in Mem Martins, Portugal, including machinery and production lines. Mondelez has apprised the plant's Workers Representatives regarding the sale, ...
Tags: Cerealto, Aquisition, Mondelez, Biscuit Factory
Canada-based food manufacturing company Premium Brands has entered into agreement to acquire Montreal based C&C Packing and affiliate Premium Meat Packers for $146m, in a cash-and-share deal. The transaction, which is subject to ...
Tags: Premium Brands, C&C Packing, Aquisition, Premium Meat Packers
In an ongoing effort to defend its rights and ownership of the Havana Club rum brand and trademark in the US, Bacardi has filed an amended complaint with the US District Court for the District of Columbia. This filing amends the original ...
Tags: Havana Club, Bacardi, US District Court
OpSec Security has started negotiations to acquire the security business of API Holographics, which primarily serves the UK market. API Group plans to complete the divestment process by April, after consulting with the employees, ...
Tags: OpSec, Aquisition, API Holographics, API Group
Li Ning Co Ltd posted a profit in 2015 following three consecutive years of losses. The China-based sports giant posted an annual net profit of 14.3 million yuan ($2.2 million), compared with a 781.5 million yuan loss a year ago. ...
International Paper has signed an agreement to purchase newsprint mill in Madrid, Spain, from Swedish company Holmen Paper, for €150m. As per the deal, International Paper will acquire the Madrid newsprint Mill, as well as ...
DSW Inc., as expected, reported earnings in the fourth quarter plunged 61.8 percent to $11.8 million, or 14 cents a share. Results came in ahead of Wall Street's average estimate of 8 cents a share. Comps inched up 0.8 percent in the ...
Tags: DSW, Roger Rawlins, Milestones, Achievements, Q4 earnings
Home Retail Group has issued a trading statement for the eight weeks to 27th February 2016, a turbulent time for the company given the imminent sale of Argos and Homebase (the latter now completed). Chief executive John Walden ...
Tags: Home Retail Group, Argos