Magna International has agreed to acquire Telemotive, an engineering service provider for automotive electronics. Subject to regulatory approval, the transaction is expected to close in the second quarter of 2016. Once complete, ...
Tags: Magna, Telemotive
Brazilian poultry exporter BRF has entered into an agreement to acquire the remaining stake in Oman-based frozen food distributor Al Khan Foodstuff (AKF). Currently, BRF owns 40% stake in AKF and the total acquisition is is estimated ...
Tags: Frozen Food, frozen food products
Luxembourg-based packaging maker Ardagh has signed an agreement to acquire certain metal beverage can manufacturing facilities in Europe, Brazil and the US from US-based beverage can makers Ball and Rexam for $3.42bn. The deal is a ...
Tags: Beverage Can, metal can
General Mills has agreed to sell its Argentina bakery and foodservice business to a Mexico-based baking company Grupo Bimbo for undisclosed sum. However, General Mills will retain its growing retail food business in Argentina, including ...
Tags: General Mills, Grupo Bimbo, Acquisition
US-based flexible and rigid packaging solutions provider Bemis has agreed to acquire medical device packaging operations and related value-added services from SteriPack Group for an undisclosed sum. As part of the transaction, Bemis will ...
Tags: Bemis, Acquisition, Medical device packaging, SterPack Group
Waterbrands, a consumer products company with a portfolio of outdoor and watersports companies, will acquire Carbonerro, a stand up paddleboard paddle manufacturer. Carbonerro will become part of the Surfstow line-up of stand up ...
Tags: Waterbrands, Acquisition, Carbonerro
White Wolf Capital LLC acquired Stag Arms LLC. Details of the transaction were not disclosed. Managing Director of White Wolf, Elie Azar, said, "We are very excited to add Stag to our portfolio of outstanding companies in the firearms ...
Tags: White Wolf, Stag Arms, Acquisition
Cobra Electronics, which rose to prominence with the CB Radio craze in the 1970s, has entered the action sport camera game by acquiring WASPcam, which distributes affordable, high-performance HD action-sports cameras and accessories to ...
Tags: Cobra Electronics, WASPcam, Acquisition
William Jackson Food Group (WJFG) has acquired healthy snacking brand The Food Doctor. We've been looking to enter the healthy eating category for some time now and have long admired The Food Doctor, a London-based business started by ...
Tags: William Jackson Food Group, Acquisition, WJFG, The Food Doctor
Spice manufacturer McCormick & Company has acquired Australia-based packaged herbs manufacturer Botanical Food Company in an all-cash deal worth $114m. The acquisition will expand McCormick's existing branded herb portfolio with the ...
Japanese drinks company Asahi Group has agreed to acquire SABMiller’s Peroni, Grolsch, Meantime brands for $2.9bn, clearing another hurdle for the Anheuser-Busch InBev and SABMiller’s $108bn merger. The acquisition is ...
Tags: Asahi Group, Acquisition, SABMiller, Merger
Concourse Sports LLC has reached an agreement to acquire Team Express Inc., which filed for bankruptcy protection in mid-December. Concourse will act as the stalking horse bidder in the case and may be outbid at an auction set for May 4. ...
Tags: Concourse Sports, Team Express, Acquisition
Sofradir of Palaiseau near Paris, France (a subsidiary of Safran and Thales that makes cooled infrared detectors for military, space, scientific and industrial applications) says that its new Daphnis HD is entering production. Sofradir ...
Tags: Sofradir, HgCdTe, IR detectors
Fonterra Australia has entered into an agreement to sell its 36.02% stake in Dairy Technical Services (DTS) to a consortium that includes Bureau Veritas Singapore and AsureQuality. The stake sale will result in Bureau Veritas Singapore ...
Performance Sports Group Ltd. swung to a net loss in the fiscal third quarter ended February 29 as expected due to a precipitous drop in baseball and softball sales, retail bankruptcies and the impact of currency exchange rates on its ...