Leekes Department Stores achieved growth in its financial year to 31st March, its owner achieving a £2m improvement in profitability with EBITDA profits exceeding £6m. Leekes Retail achieved 12% LFL growth in turnover up to ...
Tags: Leekes Department Stores, housing market, furnishings business
Hanon Systems announced the start of its latest climatic wind tunnel, which enhances the company's capabilities to test real-world simulation of air conditioning, heating and engine cooling performance. Located at the company's technical ...
Tags: climatic wind tunnel, Hanon Systems, EMC
Canada-based poultry and pork products manufacturer Olymel is planning to invest over $25m to expand its hog slaughterhouse and butchering facility at St-Esprit in the Lanaudière region. Upon completion, the expanded facility is ...
Tags: Olymel, poultry and pork products
Phoenix Color, a unit of ALJ Regional Holdings, has signed an agreement to acquire Color Optics packaging business from AKI, which operates under the Arcade Beauty name. Color Optics is a provider of printing and packaging solutions for ...
Tags: Phoenix Color, AKI
apicsAU has announced the final element to its professional development to members and the broader supply chain community by launching a dedicated career portal and signing a preferred recruitment partner agreement with specialist supply ...
Tags: apicsAU, logistics domain
Automotive and energy storage firm Tesla Motors has offered to acquire SolarCity for about $2.86bn. Tesla Motors CEO Elon Musk is the major shareholder in both the companies with 19% in Tesla and 22% in SolarCity. The company is ...
Tags: Tesla Motors, electric vehicles
UK’s packaging materials supplier Kite Packaging has acquired Northamptonshire-based packaging distributor, Phoenix Box. Established in 1993, Phoenix Box is engaged in the JIT and direct line supply of corrugated cases and other ...
Tags: packaging materials, Phoenix Box
Snow Phipps Group-owned Teasdale Foods has acquired Louisville, Kentucky-based Mesa Foods for undisclosed sum. Founded in 1984, Mesa is a producer of private label tortillas, flatbreads, taco shells, taco kits and chips. The acquisition ...
Tags: Mesa Foods, Snow Phipps Group
A Dubai-based investment group led by businessman Mohamed Alabbar has agreed to acquire a majority stake in the Kuwait Food Company, which is known as Americana, for nearly $2.4bn. The consortium Adeptio headed by Emaar Properties PJSC ...
US-based beverage can manufacturer Ball Corporation has received an approval from the European Commission (EC) for its proposed £4.4bn acquisition of Rexam. The move marks the final regulatory clearance in Europe for the company to ...
Tags: Rexam, beverage can manufacturer
Dean Foods Company has announced that it has completed the acquisition of Friendly's ice cream manufacturing and retail distribution business for $155m in cash. Dean Foods is a Texas-based food and beverage firm and a processor and ...
In advance of the Citi Technology Conference on 9 June, engineered materials and optoelectronic component maker II-VI Inc of Saxonburg, PA, USA updated its investor presentation to note the sale of certain RF assets formerly owned by ...
Rigid box supplier Pollard Boxes has acquired the business and assets of Clarke Rubicon, a UK based presentation packaging manufacturer. Clarke Rubicon is engaged in supplying a wide range of products to both the retail and commercial ...
Nosco, Inc,a full-service supplier of printed packaging, plans to expand its industry-leading operations by doubling production capabilities for digital printed cartons. The company just announced, in conjunction with HP Indigo, the ...
Nippon Paper Industries has signed an agreement with US based timber company Weyerhaeuser to acquire liquid packaging board business for $285m in cash. Under the terms of the deal, Nippon Paper will acquire Weyerhaeuser's mill located in ...
Tags: packaging board, Paper Industries