Hormel Foods has agreed to acquire Applegate Farms, a natural and organic meat products manufacturer, for around $775m. The companies have reached a definitive agreement to this effect. Applegate will operate as a separate, stand-alone ...
Ascena Retail Group and Ann Inc entered into a definitive merger agreement under which Ascena will acquire Ann Inc for a combination of cash and stock in an accretive transaction. Upon closing, Ann Inc stockholders will receive $37.34 in ...
Tags: Ascena, Women's Apparel
Glass container manufacturer Owens-Illinois (O-I) is buying Mexican company Vitro's food and beverage glass container business for around $2.15bn, to gain a competitive position in the Mexican glass packaging market. O-I will acquire ...
Tags: Owens-Illinois, Glass Container, Packaging
For the first quarter ended March 31, 2105, NYSE listed Westlake Chemical Partners (WLKP) reported net income of $8.5 million, or $0.31 per limited partner unit. In a press release, WLKP said it achieved a MLP distributable cash flow ...
Tags: ethylene production, ethylene
Australian salmon company Tassal Group Limited (Tassal) has responded to speculation in the media that a potential acquisition of De Costi Seafoods, one of the largest names at the Sydney Fish Market, has been completed, saying this is not ...
Tags: Costi Seafoods, Tassal Group
Riber S.A. of Bezons, France, which manufactures molecular beam epitaxy (MBE) systems as well as evaporation sources and effusion cells, has acquired MBE Control Solutions of Santa Barbara, CA, USA. Founded in 2005 by chairman & CEO Andy ...
Tags: MBE, software, Electronics
Microsemi Corp of Aliso Viejo, CA, USA (which designs and makes analog and RF devices, mixed-signal integrated circuits and subsystems for communications, defense & security, aerospace and industrial markets) has entered into a definitive ...
Tags: Microsemi, Vitesse, Electronics
RPM International Inc. has announced that its Rust-Oleum Group has acquired Spraymate Group, the producer of South Africa's leading aerosol paint brand. Based outside of Johannesburg, South Africa, Spraymate has annual net sales of ...
Tags: RPM International, aerosol paint
Organic products manufacturer Hain Celestial has acquired 80% stake that it does not currently own in EK Holdings and its wholly-owned subsidiary, Empire Kosher Poultry for $57.6m. Empire currently offers a full range of kosher ...
Tags: Agriculture, Food, Organic products food
Epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue for full-year 2014 of $392.9m, up 18% on $331.7m in 2013. Fourth-quarter 2014 revenue was $113.6m, up 22% on $93.3m last ...
PPG Industries reported fourth quarter 2014 net sales from continuing operations of $3.71 billion, up $207 million, or 6 percent, versus the prior-year figure of $3.5 billion. Net sales in local currencies grew 10 percent year-over-year, ...
Tags: portfolio management, earnings-accretive cash deployment, Construction
Infineon Technologies AG of Munich, Germany has completed its acquisition (announced on 20 August) of International Rectifier Corp (IR) of El Segundo, CA, USA, following the approval of all necessary regulatory authorities and International ...
Infineon Technologies AGannounced today the closing of the acquisition of International Rectifier. With effect from today, the El Segundo based company has become part of Infineon following the approval of all necessary regulatory ...
Tags: necessary regulatory authorities, power semiconductors, Lights
Mohawk Industries has entered into a definitive agreement to acquire the IVC Group. IVC is a major manufacturer of sheet vinyl, luxury vinyl tile (LVT) and laminate, with operations in Europe and the U.S. and sales of approximately $700 ...
Tags: customary closing conditions, regulatory approvals, Construction
Stryker Corp. has purchased a Canadian hospital bed company for an undisclosed sum. Kalamazoo, MI–based Stryker announced it has acquired CHG Corp. (London, Ontario) for an undisclosed sum. CHG designs and manufactures low-height ...
Tags: MI–based Stryker, bariatric bed, Health