South Korea's Hyundai Green Food has pulled out of negotiations to acquire kimchi refrigerator maker WiniaMando. The company, which operates as a food service company, said in a regulatory filing that the decision to pull out of the talks ...
Tags: Hyundai, Green Food, kimchi refrigerator
Poland-based plastic film producer Ergis group will launch a second PET film production line and acquire a new plastic packaging line in Southern Poland. The company will acquire the packaging line for its Plexergis subsidiary in Nowy ...
As clients are adjusting inventories of LED chips used in backlighting and lighting, demand for LED chips in the third quarter of 2014 will significantly decrease sequentially, according to chairman Lee Biing-jye of Taiwan-based LED ...
Tags: LED Demand, LED Chips
Breakfast cereal producer Kellogg plans to acquire a majority stake in Egyptian confectionery-maker Bisco Misr for an undisclosed amount. The company is eyeing around 51% stake in Bisco Misr, following a due diligence. Bisco Misr, ...
Tags: Kellogg, Bisco Misr, Breakfast cereal
US-based meat producer Tyson Foods has received approval from the antitrust division of the US Department of Justice (DOJ) for its previously announced $8.5bn purchase of Hillshire Brands. DOJ said that Tyson Foods has agreed to sell its ...
Tags: Tyson Foods, DOJ, Food
Corrugated and plastics packaging company DS Smith has completed the acquisition of remaining 50% stake in Italian recycling company Italmaceri Srl. DS Smith's acquisition of Italmaceri was a part of the acquisition of SCA Packaging in ...
LED epitaxial wafer and chip maker and LED packaging service provider Lextar Electronics on August 27 announced that US-based Cree will invest US$83 million to acquire 13.32% of its stock through subscribing to 83 million new Lextar shares ...
Tags: Cree, Lextar Electronics, Lights
Fonterra plans to acquire 20% stake in one of China's biggest milk processors, Beingmate, to form a global partnership with a total investment of $615m, which would help meet China's growing demand for infant formula. The partnership ...
American packaging company Sonoco has agreed to acquire Germany-based Weidenhammer Packaging for an amount of approximately $383m (€286m). Sonoco president and chief executive officer M Jack Sanders believes the acquisition will help ...
Global mining deals picked up in the first half of 2014 and are likely to continue that way for the rest of the year, a SNL Metals & Mining study released Friday shows. Both the averages of price paid and value of acquired commodities ...
The profitable company from Northern Italy is privately owned and recently generated annual sales of more than €60 million (US $80.40 million). Its products include so-called moving heads, follow spots and projectors. They are used at ...
US-based private-equity firm Oak Hill Capital Partners will acquire Berlin Packaging, a supplier of plastic, glass and metal containers for an amount close to $1.43bn, including debt. Oak Hill will pay a price for Berlin Packaging that is ...
Burger King is currently engaged in discussions to acquire coffee and doughnut chain Tim Hortons in a deal that would expand its product base in Canada and save corporate taxes. Both the parties are working on a deal that would create a ...
Tags: Burger King, Acquire, Food
Puma said it intends to take a direct stake in Borussia Dortmund KGaA, having sponsored the football club since 2012. By potentially acquiring up to 5 percent of its capital stock through the planned capital increase announced by Borussia ...
Tags: Puma, Acquire, Sporting Goods
Packaging company Coveris has acquired UK-based flexographic print specialist Learoyd Packaging for an undisclosed amount. The acquisition is expected to support and strengthen Coveris' UK flexible packaging offering through advanced ...