Brewing major Anheuser-Busch will acquire US-based Elysian Brewing for an undisclosed amount. The transaction includes the purchase of Seattle Airport Way brewery, as well as four Seattle brewpubs, Elysian Capitol Hill, Elysian ...
Tags: beer, Agriculture
Rock-Tenn Company has collaborated with US-based global packaging company MeadWestvaco Corporation (MWV) to create a combined company of packaging (NewCo) in a transaction with an equity value of $16 billion. Under the terms of the ...
Johnson & Johnson’s fourth-quarter medical device sales fell by 4.7%, to $6.6 billion, with the biggest drop (7.7%) in the U.S., the company announced this week. Total fourth-quarter sales were down 0.6% year-over-year, to $18.3 ...
Tags: Medical Device Business, Health
The Adidas Group entered into a definitive agreement to sell its Rockport business to a new entity formed by Berkshire Partners and New Balance for a total consideration of $280 million, most of which will be paid in cash with the remainder ...
Tags: footwear brands, Sporting Goods
Family Dollar Stores said based on a preliminary count of the votes cast at its special meeting of stockholders, its shareholders voted to approve the proposed merger with Dollar Tree. “Based on preliminary count, around 84 million ...
Tags: stockholders, votes cast, Apparel
Frozen bakery products manufacturer Vandemoortele will acquire Lanterna-Agritech (LAG), a producer of frozen focaccia and bread in Italy. The acquisition will enable Vandemoortele to boost its bakery products business in Italy, as well ...
Tags: frozen focaccia, bread, Agriculture
Less than four years after acquiring GSI Commerce for $2.4 billion, eBay Inc. announced Wednesday it was studying whether to spin off the business in IPO as part of a broadening restructuring. The company disclosed the plans in its ...
Tags: broadening restructuring, box retailers, Sporting Goods
Sports MASH Holdings, which is controlled by Mike Ashley, reduced its stake in Sports Direct International Plc by 2.57 percent to 55.14 percent by selling 15.4 million ordinary shares for roughly $168 million on Jan. 20, the British ...
Tags: economic effect, Sporting Goods
Maplehurst Bakeries, a subsidiary of Weston Foods, has agreed to acquire decorated cakes manufacturer Creative Occasions. Creative Occasions manufactures and distributes cakes for food service, catering, C-store, and in-store bakery ...
Tags: Cake Producer, dessert, zero trans fat, Agriculture
AdvancePierre Foods, a supplier of protein and sandwich products to foodservice, retail and convenience channels, has entered into a definitive agreement to acquire the wholesale and manufacturing operations of Landshire, a manufacturer of ...
Tags: sandwich products, patties, subs, wedges, Agriculture
Kiabi, a leading French apparel retailer, has selected Predictix, provider of retail predictive and prescriptive analytics solutions, to implement a unified suite of merchandising and supply chain optimization solutions. Predictix ...
Capgemini, one of the world's foremost providers of consulting, technology and outsourcing services, today announced the launch of its new Automotive Insights Laboratory, as part of its new AutomotiveConnect offer. The new digital virtual ...
Tags: car purchasing, aftermarket service, customer relationships, Auto
For fiscal first-quarter 2015 (to end-November 2014), LED chip and component maker SemiLEDs Corp of Hsinchu, Taiwan has reported revenue of $2.9m, down 15% on $3.4m a year ago but up 29% on $2.3m last quarter, due to both design wins in ...
Tags: LED components, LED chip, Electrical
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
Lantmannen has agreed to acquire all the remaining shares, it does not already own in Finland-based thin crisp producer Vaasan, from Lion Capital for an undisclosed amount. The acquisition is in line with Lantmannen's strategy to ...
Tags: thin crisp, bakery products, Agriculture