Ube Machinery has signed an agreement to acquire 85% equity stake in Mitsubishi Heavy Industries Plastic Technology. The acquisition will allow Ube Machinery to secure Mitsubishi’s worldwide business in injection molding machines. ...
Tags: Ube Machinery, Mitsubishi
Packaging machinery supplier Bobst and BHS Corrugated have been awarded a contract by Mexican paper and packaging manufacturer Grupo Gondi to supply and install 11 new production lines. The contract scope includes purchase of two BHS ...
Tags: Packaging Equipment, packaging
Digital printing firm Electronics For Imaging (EFII) has signed an agreement with Netherlands-based DLL Group to finance EFI inkjet printers for signage and graphics, label and packaging, industrial textile and ceramic tile production. ...
According to the latest research conducted by business and financial advisory firm Grant Thornton UK, after a strong first quarter deal activity in the food and beverage sector has declined this quarter, due to market uncertainty in the ...
French dairy giant The Bel Group has agreed to engage in exclusive negotiations to acquire a majority stake in fruit snacks and dessert maker MOM Group. Owned by a private equity LBO France, the MOM Group has significant presence in the ...
Axalta Coating Systems, a supplier of liquid and powder coatings, has acquired United Paint’s automotive interior rigid thermoplastics coatings business for undisclosed sum. Following the deal, production will temporarily remain at ...
Tags: Axalta Coating Systems, powder coatings, liquid coatings
China's truck manufacturers are keeping their eyes on international markets and on production upgrading as ways to deal with the industry's severe overcapacity. "The level of globalization will decide the future of our company", said Ma ...
Tags: high-end markets, truck
South Korean electronics giant Samsung has acquired a 2% stake in Chinese electric vehicle maker BYD for $455m. This move is being seen as an attempt by the South Korean firm to foray into automotive industry. Many technology ...
Tags: Electric Vehicle, BYD, Samsung
Tokyo-based Solar Frontier – the largest manufacturer of CIS (copper indium selenium) thin-film photovoltaic (PV) solar modules – has provided solar panels to Projecto YOSI, an organization working to keep Bolivia's Salar de ...
Tags: Solar Frontier, Solar Panels, PV
Specialty vegetable and legume seed producer Suba Seeds, owned by a private equity firm Paine & Partners, has acquired Brotherton Seed. However, financial terms of the transaction were not disclosed. Established in 1936, Brotherton Seed ...
Tags: Suba Seeds, Brotherton Seed
Manchester based packaging manufacturer Duo UK has received a contract to supply polythene packaging to Irish independent footwear retailer Donaghys Shoes. As part of the deal, Duo UK will be responsible for designing, manufacturing and ...
French-based private label biscuit maker Biscuits Bouvard has acquired Belgian pastry manufacturer Pidy for undisclosed sum. Pidy, which specializes in manufacturing ready-to-fill sweet and savoury products, has production facilities in ...
Tags: label biscuit, biscuit
Bern Unlimited Inc. has promoted Jeff Cavicchi, formerly National Sales Manager, to Director of Global Operations and named three new leaders to head up sales both in the U.S. and overseas. Cavicchi, a 20-year veteran of the bike ...
Tags: Bern, bike industry
Infineon Technologies AG of Munich, Germany has entered into a definitive agreement to acquire the Wolfspeed Power & RF division of Cree Inc of Durham, NC, USA for $850m in cash (about €740m). The deal also includes the related silicon ...
South African paper and packaging company Mondi Group has agreed to acquire ZAO Uralplastic-N (Uralplastic). The deal has been signed with Joint Stock Company Rusnano and a private investor to acquire Uralplastic, for undisclosed amount. ...
Tags: Consumer Packaging, Packaging