Ridley co-owner and CEO Jochim Aerts and an investment group have bought out the Kumpen family's share of the Belgium bike brand. The Kumpen family stepped in as "angel" investors 12 years ago to help the brand grow. Paul Kumpen is the ...
Fisker Automotive has officially filed for bankruptcy on the back of the Californian car maker’s sale to investment group Hybrid Technology. After several attempts to rescue the company, Fisker filed for Chapter 11 bankruptcy on ...
Tags: Fisker, automotive, file, bankruptcy
GateHouse Media Inc. CEO Kirk Davis says the company's shuttering of 10 weeklies in Eastern Massachusetts was necessary to shore up its stronger area publications. "There's no nobility in trying to cover every town in Eastern ...
Tags: GateHouse, Mass Changes, shore up
Irish investment group Donworth Capital has entered into agreements to acquire Galmere Fresh Foods and Taravale Foods. Established in 1980, Galmere Fresh Foods is based in Ballybrit Galway. It produces freshly prepared salads and soups. ...
Tags: Fresh Food, Donworth Capital
Joe’s Jeans Inc. announced it has completed the acquisition of Hudson Clothing Holdings, Inc., a leading global designer and marketer of women’s and men’s premium branded denim apparel. “We are very pleased to have ...
Tags: Hudson Clothing, Apparel
Sherpa Capital, a leading Spanish investment group specializing in solutions, has signed an agreement with Spanish textile firm Dogi International Fabrics, in order to capitalize the company. According to a statement issued by Sherpa ...
Tags: Sherpa Capital, Textile Firm
Exceed Company Ltd one of the leading domestic sportswear brands in China announces that the special committee of its board of directors has retained Houlihan Lokey, Inc. as its financial advisor, K&L Gates LLP as its U.S. legal counsel and ...
Tags: Sportswear, Apparel
A list of "Top 500 Chinese Enterprises 2013" is released by China Association of Enterprises and China Entrepreneur Association in Kunming, Yunan province. Six Guangxi enterprises are listed (5 enterprises in 2012) and Yuchai Group ranks ...
Tags: Transportation, Auto Parts
Today marks internet video calling tool Skype's 10th year since its launch in 2003. Using the anniversary as a launch-pad, Skype has also announced that 3D video calls are under development. Further reading Cisco goes to court to annul ...
Tags: Skype, Computer Products, software
A second 22,000-square-foot Boyles Furniture & Rugs will grand open this week in Avon, Conn., at the former Nassau Furniture. AVON, Conn — Boyles Furniture & Rugs is set to open its first Northeast location at the former Nassau ...
Serotta and Blue Competition Cycles are joining Mad Fiber Wheels under the umbrella of the Divine Cycling Group, an investment group formed last year. DCG bought Mad Fiber, its first industry acquisition, in February. Terms of the ...
Tags: Transportation, Cycling, Divine Cycling
According to report, Swiss authorities have rejected Russian investment group Renova in bid of special steel group Schmolz + Bickenback AG. Renova has submitted a €350 refinancing proposal last month. The Swiss Takeover Board ...
The Wuhan branch of Industrial Bank (SHSE: 601166), together with United Investment Group and Ping An Bank (SHSE: 000001), co-sponsored a CNY 5 billion insurance fund for Hubei Province's intercity rails, the largest such a fund in the rail ...
Tags: Industrial Bank, Intercity Rails, Construction, Decoration
AkzoNobel intends to concentrate its Dutch-based management personnel in a new office building in the Zuidas business district of Amsterdam from the end of 2015. The move will bring the majority of corporate and business management and ...
Mutual insurance, retirement and investment group, LV= has introduced a new caravan insurance policy for its customers in the UK. LV= Direct managing director Selwyn Fernandes said, "We are always looking for areas that we can expand our ...
Tags: Insurance Policy, Caravan