Orkla has reported a 10% increase in operating profit , totalling NOK 725m in the first quarter of 2015. The Branded Consumer Goods business achieved EBIT (adj.) of NOK 769 million, an improvement of 11% from the first quarter of 2014. ...
Tags: Orkla, Hydro Power
Dorel Sports sales grew approximately 3 percent in currency-neutral terms in the first quarter ended March 31 as success overseas was tempered by the U.S., where bicycle sales slipped below year ago levels in January but got back on plan in ...
Tags: Dorel Sports, Sports Wear
Last week, Faerch Plast announced its arrival in Australia. This week it has announced its acquisition of Anson, a manufacturer of thermoformed packaging solutions. The acquisition takes place just a year after private equity fund EQT VI, ...
Tags: Faerch Plast, Packaging
Jarden Corp. reported sales at its Outdoor Solutions segment fell 8.6 percent to $624.9 million from $684.1 million a year ago. Segment operating income fell 47.4 percent to $19.1 million from $36.3 million. Excluding acquisition-related ...
Tags: Jarden, Outdoor Solutions
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
RPM International Inc. has reported record sales for its fiscal 2015 third quarter ended February 28, 2015, but incurred an as-reported loss for the quarter due to a one-time, non-cash net charge for a tax accrual related to the possible ...
Tags: RPM International, record sales
Arcus Hunting, LLC, a Bregal Partners company, has completed its acquisition of premium bow maker Obsession Archery, Inc. Dennis and Angela Lewis, the company’s founders, will continue to lead Obsession following the acquisition. ...
Tags: Arcus Hunting, Obsession, Sporting Goods
Australia-based packaging solution provider Amcor has announced the acquisition of South African packaging company Nampak Flexibles for $22m (ZAR250m). Amcor specialises in supplying a range of rigid and flexible packaging products to ...
US-based private investment firm Highlander Partners has acquired Lemon-X, a manufacturer and supplier of juices, juice blends, lemonades, teas and cocktail mixes. The financial terms of the deal have not been disclosed. Lemon-X has ...
Tags: Lemon-X, Juice Tyme, Food
Although logistics division sales expanded by a massive 66 per cent, overall sales at Li & Fung rose marginally by just 1.4 per cent for the period ended December 31, 2014. Li & Fung said total sales grew 1.4 per cent to US $19,288 ...
Tags: Li&Fung Sales, Global Brands, Apparel
ABB will invest USD 30 million in building a new manufacturing site and expanding its customer experience center for its Low Voltage Products division near Memphis, Tennessee. The investment will initially create more than 200 jobs, with ...
Tags: ABB, low-voltage products
Miles Roberts chief executive of DS Smith said: “Peter McGuinness has overseen a great period of growth for the company, including the consolidation of SCA Packaging. He will continue to play an important role within DS Smith. ...
Tags: Jim Malone, DS Smith
NYSE listed and US based apparel retailer, Macy’s, Inc said it reported its sixth consecutive year of double-digit growth in adjusted earnings per share in the fiscal month ended January 31, 2015. According to Macy's, in fiscal ...
Tags: apparel retailer, Apparel
Net sales for the fourth quarter ended December 31, 2014 at Columbia Sportswear Company zoomed 27 per cent year on year. Columbia said it recorded net sales of $677.0 million for the fourth quarter of 2014, up a massive 27 per cent or ...
Tags: Columbia Sportswear, Apparel
Akzo Nobel N.V. has reported positive volume growth and an improvement in return on sales (ROS) for the full-year 2014. Excluding incidentals, ROS was 7.5 percent (2013: 6.1 percent). Operating income excluding incidentals grew 20 percent ...
Tags: AkzoNobel, Decoration Coating