Nissan Motor has agreed to divest its 41% stake in Japanese auto parts firm Calsonic Kansei to private equity firm KKR for JPY498.3bn ($4.5bn). This deal is being regarded as one of the largest deals in Japan, particularly in the ...
Tags: Nissan Motor, KKR
Apparel label solutions firm ITL Group has collaborated with Applied DNA Sciences to develop new anti-counterfeit printed fabric label solution. The partnership will integrate Applied DNA's SigNature DNA forensic marking system with ...
Taiwanese LED chip manufacturers that successfully transitioned from blue LEDs to red LEDs have set new revenue records from their budding AlInGaN LED business. Those that chose to lower blue LED revenue have improved international ...
The sales of CAMC reached 1560 units, compared to the last October of 637 units, up by 144.90% year on year. And the growth ranked No.1 in the industry. Why did CAMC have such a great growth in October? One reason lies in products ...
Tags: self-produced components, cylinder
The global compressed natural gas (CNG) and liquefied petroleum gas (LPG) market is expected to grow by more than 10% a year over the next six years due to the increase in population and urbanization, a growing demand for passenger and ...
Tags: LPG market, LPG vehicles
China has "basically" achieved this year's steel and coal capacity reduction goals, according to a State Council statement. A statement released after a State Council executive meeting presided over by Premier Li Keqiang spoke highly of ...
Tags: steel, coal capacity
The millionth vehicle has been built at Beijing Benz Automotive Co (BBAC). This joint venture between Daimler and BAIC has been in place for over ten years and undertook tremendous development over the last decade. Daimler Greater China ...
Tags: Mercedes-Benz, BAIC Group
Pritzker Group Private Capital has completed the acquisition of US-based flexible packaging company ProAmpac from private equity firm Wellspring Capital Management. Financial terms of the deal, which was signed in October 2016, were ...
Tags: flexible packaging, Pritzker
Toyota Motor Corporation (Toyota) and its fully owned subsidiary Daihatsu Motor Co., Ltd. (Daihatsu) plan to establish an internal company that will be responsible for compact vehicles for emerging markets, from product planning to ...
Tags: Toyota, Compact Vehicles
Worldwide notebook shipments are estimated to reach 41.65 million units in the fourth quarter, up 6.4% sequentially as demand from the year-end holidays is expected to pick up strongly, while Apple's fourth-generation MacBook Pro products ...
Tags: Notebook, Notebook Products
Bosch is planning to invest nearly EUR400m in the US over the course of the current year, about one-fifth more than in 2015. Bosch’s headcount is also expected to rise, from 17,800 associates at present to more than 18,800 by early ...
Thailand's Charoen Pokphand Foods (CPF) has entered into an agreement to buy US-based frozen food manufacturer Bellisio Foods for $1.08bn. Headquartered in Minneapolis, Bellisio is a portfolio company of private equity firm Centre ...
Tags: Frozen Food, Bellisio Foods
Natural American Foods, a producer and distributor of honey and other natural sweeteners, announced that Lance Chambers has been appointed chief executive officer. Mr. Chambers succeeds Rolf Richter, who will continue to serve the Company ...
NatureSweet Tomatoes announced seasoned financial executive Bo Meissner as its new chief financial officer. "Bo brings a depth of experience to his role as leader of our financial team," said NatureSweet CEO and President Bryant Ambelang. ...
Swire Pacific subsidiary Swire Beverages has agreed to acquire Coca-Cola bottling assets in China in a bid to strengthen its business in non-alcoholic ready-to-drink beverages. The deal to refranchise bottling operations in China has been ...
Tags: Swire Pacific, Coca-Cola