China’s fast-growing market for LED lighting will more than double in value to be worth $7.4 billion in 2017, according a new market study. Analysts at Lux Research believe that a virtuous cycle of falling prices, policy support ...
The value of annual sales in the global photonics market has been revised upwards to $182bn, according to new analysis by SPIE, the international society for optics and photonics (and owner of optics.org). The new results were presented by ...
The London-listed SABMiller has agreed to sell itself to Belgium-based brewer Anheuser-Busch InBev for $104bn (£68bn). While AB InBev is the world's biggest brewer, SABMiller is its competitor. The boards of the two companies said ...
Strategic addition to the existing brand and product portfolio Strengthening of market position in the areas of architectural façade and hospitality lighting Significant growth potential for acdc through the Zumtobel ...
Tags: Zumtobel Group, M&A, acdc
When GE sold its home appliance division in September 2014 for US $3.3 billion to Swedish company Electrolux, market rumors surfaced that the company might sell its lighting business too. The company denied intentions of selling its century ...
Tags: GELED, lighting, business strategy, market trends
Anheuser-Busch InBev is exploring the acquisition of competitor SABMiller, a deal that would lead to a $275bn merged entity which would produce one out of every three beers globally. If the deal goes through, it would be one of the six ...
Tags: Anheuser-Busch InBev, SABMiller, beer
Two of the best known Taiwanese personal computer (PC) vendors, Acer Inc. and Asustek Computer Inc. (Asus), are aggressively targeting the mobile-device market, especially the smartphone segment, by launching several new cellphone models in ...
Tags: PC Vendors, Smartphone
For the eighth consecutive year, Total Hockey, Inc. has been named to the Inc. Magazine list of 5,000 fastest-growing private companies. Total Hockey has claimed position No. 2,981 after experiencing a three-year growth rate of 117 percent ...
Tags: Total Hockey, hockey, HockeyGreen
Team Sportia Ab of Sweden and its majority owner SGN Sportia of Finland have joined Sport 2000 International, greatly extending the reach of Europe's second largest buying group for sporting goods retailers in the Nordic countries. Team ...
Tags: Team Sportia, fitness, unning and bicycling
Global supplier of folding cartons Amcor Tobacco Packaging has completed the purchase of Souza Cruz’s internal tobacco packaging business based in Cachoeirinha, Rio Grande do Sul, in Brazil. This business is expected to achieve ...
Tags: Amcor, Tobacco Packaging, PIPL
The Valspar Corporation has reported fiscal third quarter 2015 net sales of $1.15 billion, a decrease of 7 percent over the prior year. Total volume was flat as growth in the Coatings segment was offset by the expected decline in the Paints ...
Tags: Valspar, Paints segment
Hyundai Motor Group (HMG), which incorporates Hyundai and Kia brands, is injecting manpower and resources to boost its commercial vehicle (CV) wing for the low-volume, high-margin truck and bus sector. The carmaker is also bolstering its ...
Tags: Hyundai Motor, Commercial Vehicle
In line with its strategy to focus its consumer board offering on high quality virgin fibre products, Stora Enso has sold its Barcelona mill, which produces recycled fibre based consumer board, to private equity fund Quantum. “The ...
Tags: virgin fibre, recycled-fibre
Japanese automotive giant Toyota may shelve its plan to promote its luxury Lexus brand in China, thanks to slowdown in the country’s automobile sector coupled with a weaker yen. With China's automobile market registering a growth ...
Tags: automobile manufacture, Toyota, car promotion, Lexus
Global automakers will manufacture fewer vehicles in China this year than they are able to because of slowing demand in the world's largest auto market, a reversal after years of rushing to build factories. The average level of capacity ...
Tags: auto market, passenger-vehicle