Automotive coating maker Axalta has introduced its digital spectrophotometer, Acquire Plus EFX in the Korean market. According to Axalta, Acquire Plus EFX will enable body shops to achieve the best possible color match quickly, reliably ...
Tags: Korean Market, Axalta, Automotive coating
US wholesale energy provider Southern Power, a subsidiary of Atlanta-based Southern Company, has acquired a controlling stake in the 32MW Lost Hills-Blackwell Solar Facility in California from cadmium telluride (CdTe) thin-film photovoltaic ...
Tags: Solar Facility, Solar Cell
French dairy group Lactalis has got approval from Brazilian antitrust authority to purchase the dairy units of food processor BRF SA in a deal worth $594m. Lactalis will execute the deal through its Parmalat subsidiary in Brazil. ...
Tags: dairy group, Lactalis, Dairy
Brazilian food company BRF is set to establish a joint venture with UK-based Invicta Food Group to distribute processed foods in Britain, Ireland and Scandinavia. Reuters reported citing a securities filing that the company's ...
Tags: Processed Foods, BRF
TRW Automotive has agreed to sell its linkage and suspension business to THK for $400m in an all-cash deal. The linkage and suspension business generates revenues of $550m. Subject to customary conditions including regulatory approvals, ...
Tags: TRW Automotive, Linkage
Axalta Coating Systems, a leading global supplier of liquid and powder coatings, has opened its third Cromax Color Center in Chiang Rai together with Northern Car Paint Co., Ltd., its key distributor of Cromax in Chiang Rai province in the ...
Global beverage giant Coca-Cola Company has agreed to acquire multi-grain drink China Culiangwang Beverages for $400m including debt, to boost its sales in the Chinese market. This is Coke's first acquisition in China since its ...
Germany-based plastic extrusion lines, machines and components supplier Reifenhauser Group will acquire spinneret manufacturer Enka Tecnica. Employing 130 people, Enka specialises in manufacturing spinnerets for nonwovens, wet and dry ...
Croatian food company Podravka has agreed to purchase 51.55% regular shares of Slovenia’s food producer Zito for a total amount of €33m. The Croatian firm will pay €180.1 per share and the acquisition is subject to ...
Tags: Podravka, food producer Zito
Nomad Holdings Ltd. has agreed to acquire Iglo Foods Holdings Ltd., said to be Europe’s largest branded frozen food company, from Permira Advisers LLP in a deal worth €2.6bn. Subject to customary closing conditions, Nomad ...
Tags: Iglo Foods, Nomad
Canada based agribusiness joint venture G3 Global Grain Group (G3) is set to acquire 50.1% stake in grain handler CWB for C$250m ($201m). G3 is a joint venture between the Canadian subsidiaries of Saudi Agricultural and Livestock ...
Swiss food major Nestle is reportedly engaged in advanced level talks to sell its frozen food unit Davigel to Brakes Group, which is owned by Massachusetts based buyout fund Bain Capital. A person familiar with the situation told ...
Tags: Nestle, Brakes Group
US-based paper packaging company International Paper is said to be exploring a takeover bid of over €8.1bn for Irish packaging giant Smurfit Kappa. Sky News quoted a source as saying that International Paper was considering an ...
Ford Motor has agreed to acquire a controlling interest in its joint venture (JV) with Russian car company Sollers as well as provide additional funding to the Ford Sollers JV. The Ford Sollers JV produces and imports Ford products, ...
Tags: Ford Motor, Russian JV
French food ingredients firm Solina Group has agreed to acquire the Industrial Flavouring Division of Paulig, which provides taste products for Nordic meat industry. This new development is expected to help Solina to increase its ...
Tags: food ingredients, Solina