For the first quarter ended March 31, 2015, Danish industrial enzymes producer, Novozymes reported an 8 per cent year on year organic sales growth. In Danish currency, it posted a massive growth of 18 per cent from the prior year ...
Tags: Novozymes, Organic Sales Growth
Smurfit Kappa has entered into an agreement with pan-European investor Aurelius to sell its solid board and graphic board operations located in the Netherlands, Belgium and the UK. The scope of the deal will include two graphic board ...
Tags: Smurfit Kappa, Non-Core Units
Finland’s Kotkamills has signed a €70m contract with Valmet, a technology, automation and services supplier and developer for the pulp, paper and energy industries, to convert its paper machine product from magazine paper to ...
Tags: Valmet, Equipment Upgrade, paper machine
Packaging company Ardagh is almost said to have completed its €3bn acquisition of the glass packaging unit of Saint Gobain. Saint Gobain has been considering the sale of Verallia to focus on higher-margin home and construction ...
Tags: Glass Packaging, Packaging
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
PSA Peugeot Citron and China-based Dongfeng have agreed to develop a technology platform for small cars. The companies will invest around €200m to create a global platform to manufacture B and C segment vehicles under the Peugeot, ...
Tags: PSA Peugeot Citron, Dongfeng, Small Cars
BASF has partnered with Guangdong Yinfan Chemistry, to produce automotive refinish coatings and paints in China. Under the partnership, the companies will use BASF's formulas and technologies to produce automotive refinish coatings at ...
In 2014, Spanish apparel brand Mango clocked revenues of €2.01 billion, up 9.3 per cent over 2013, with 82 per cent of sales coming from overseas markets and the rest from Spain. Online turnover now accounts for 9.1 per cent of ...
Tags: Mango, Spanish apparel brand
Akzo Nobel N.V. has reported a solid first quarter with positive developments in all three Business Areas despite a challenging market environment. First quarter operating income increased 42 percent to €306 million, reflecting the ...
Tags: AkzoNobel, Specialty Chemicals
Novamelt serves the hot melt pressure sensitive markets such as the label and tape industry, as well as manufacturers of PSA- adhesive coated products for variety of industry segments. Novamelt has gained a worldwide reputation within the ...
After a slowdown in demand in the second half of last year in many parts of Europe, coatings companies in the region have become less confident about the short-term future. However, despite economic forecasts of relatively slow growth in ...
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
ThyssenKrupp has reportedly approached BNP Paribas to find a suitable buyer for its automotive contract assembly business. The automotive systems unit produces axle systems for car makers, It generates revenues of around €1bn. ...
Tags: ThyssenKrupp, Automotive
Groz-Beckert is exhibiting its felting products for manufacturing hygiene and cosmetic products at the Shanghai International Nonwovens Conference & Exhibition (SINCE) to be held from May 13-15, 2015. “Most hygiene and cosmetic ...
Tags: Groz-Beckert, Felting Products