DKTE and Rieter have agreed on an exclusive cooperation which will result in the establishment of a "Rieter Spin- and Training Center" in spinning technologies on the DKTE premises. The Center will create a platform to conduct trials ...
Tags: Rieter, DKTE Textile College
Specialty insurer ProAssurance has reached an agreement to purchase Eastern Insurance Holdings (EIHI), for $24.50 per share in an all-cash transaction valued at nearly $205m. Under the terms of the agreement, which is likely to conclude ...
Tags: Proassurance, Eastern Insurance
FMC Corporation announced the election of K'Lynne Johnson to the company's Board of Directors, effective September 23, 2013. Johnson's election increases the board's size to 11 members. Johnson is CEO and President of Elevance Renewable ...
Tags: FMC Corporation
Digital Lumens today announced that DiloSpinnbau, a manufacturer of universal and high-capacity carding machines used to process nonwoven fibers, has upgraded its 6,600 square meter manufacturing facility to the Digital Lumens Intelligent ...
Post Foods, a US-based cereal brands manufacturer, has agreed to acquire Dakota Growers Pasta from Viterra, a wholly-owned subsidiary of Glencore Xstrata, for $370m in cash. Dakota Growers is located in Carrington, North Dakota, where it ...
Tags: Post Foods, Dakota Growers Pasta
SK Capital, a private investment firm with a disciplined focus on the specialty materials, chemicals and healthcare sectors, is expected to close the acquisition of the Textile Chemicals, Paper Specialties and Emulsions businesses from ...
Tags: specialty materials, Textile
Whitworths, the dried fruit, nut and seed supplier, has received a big cash boost after private equity firm Equistone Partners Europe Fund IV acquired a major stake in the Midlands-based firm. Equistone Partners investment will enable ...
Tags: Fruit, Nut, Agriculture, Food
Mercedes-Benz AMG has questioned the viability of its third-party V8 Supercars team following a dour and controversial season. Erebus Motorsport, run by Westfield-founder heiress Betty Klimenko, a major customer of AMG, was approved the ...
Tags: Mercedes-Benz, V8 Supercars
Equistone Partners Europe, a private equity firm, has acquired a majority stake in Whitworths, a UK-based supplier of dried fruit, nut and seed products, from European Capital in a deal which valued the company at £90m. Whitworths, ...
Tags: Whitworths, Equistone Partners
SK Capital, a private investment firm with a disciplined focus on the specialty materials, chemicals and healthcare sectors, is expected to close the acquisition of the Textile Chemicals, Paper Specialties and Emulsions businesses from ...
Tags: SK Capital, Textile
Green Biologics, Inc. ("GBI"), a technology developer and emerging bio-based chemicals producer based in Gahanna, Ohio, and Central MN Ethanol Co-op ("CMEC"), an ethanol producer in Little Falls, MN, today announced that Green Biologics, ...
Tags: Construction, Decoration, Green Biologic
Trigon Snacks, the maker of pub favourite peanut brands such as Big D and Planters, has entered administration as a result of cash flow problems, putting more than 130 jobs at risk. Trigon Snacks makes a range of branded and own-label ...
Tags: Agriculture, Food, Snacks
Optoelectronic component maker rises on record sales as data centers demand more optical technology. Photonic component and subsystem manufacturer Finisar has delivered an all-time record for revenues in its latest quarter, thanks to ...
Tags: Billion-Dollar Sales
Systems management software vendor BMC Software has finally completed the deal that will take into private ownership. The $6.4bn deal will see BMC fall into the hands of private equity companies Bain Capital and Golden Gate Capital. ...
Tags: Computer Products, software
Nissan may be a Japanese automotive brand now in its 80th year, but the Nissan of today is vastly different and far more diverse than it has ever been. At the Nissan 360 event in Los Angeles, the brand’s global head of product ...
Tags: Japanese Car Company, Nissan