For fiscal third-quarter 2017 (to end-June), Skyworks Solutions Inc of Woburn, MA, USA (which manufactures analog and mixed-signal semiconductors) has reported revenue of $900.8m, up 5.8% on $851.7m last quarter and up 20% on $751.7m a year ...
Tags: Skyworks, semiconductors
American packaging company Crown has reported net sales of $2.16bn for the second quarter of 2017, compared to $2.14bn for the same period in 2016. Increase in sales has been attributed to increased global beverage can volumes and pass ...
US-based spice manufacturer McCormick & Company has agreed to acquire the food division of British consumer goods firm Reckitt Benckiser (RB) for $4.2bn to strengthen its flavor and condiments portfolio. The acquisition of RB Foods ...
Tags: consumer goods, RB Foods
Compac, a member of the TOMRA Group, has partnered with Xact, a UK-based provider of specialist packaging and marking equipment for the fresh produce industry. The partnership will combine Compac’s Spectrim grading technology with ...
Kush Bottles reported financial results for its wholly-owned subsidiary CMP Wellness (CMP), a distributor of vaporizers, cartridges and accessories acquired by Kush Bottles on May 1, 2017, in an 8-K filed with the Securities and Exchange ...
Tags: Kush Bottles, CMP Wellness
Swedish confectionery and nuts company Cloetta has agreed to divest Cloetta Italy to Katjes International. The sale equals an Enterprise Value (EV) of approximately SEK 450m. The proceeds will generate a positive net cash effect of ...
Tags: Cloetta
Finnish packaging company Huhtamaki has agreed to acquire International Paper’s foodservice packaging operations in China for €15m. The acquisition will include two manufacturing units in Shanghai and Tianjin, which employ ...
Tags: Huhtamaki, Foodservice Packaging
Taiwan-based China Electric Mfg., which makes and sells own-brand TOA lighting products, expects the proportion of all lighting products for LED lighting models to exceed 40% in 2017. Global demand for LED lighting will keep growing, ...
Tags: LED Lighting, LED
International Paper has agreed to settle the Kleen Products antitrust class action lawsuit, which was filed in 2010 against it and seven other containerboard producers. The lawsuit is pending in the US District Court for the Northern ...
Solegear Bioplastic Technologies has announced its audited financial results for the 12 months ended February 28, 2017. Solegear reports revenues of $2,066,061 for the fiscal year ended February 28, 2017 compared to revenues of $146,036 ...
Tags: Solegear, organizational products
Swedish company Scandi Standard has agreed to acquire Manor Farm, a chicken processor in Ireland, in a share-cum-cash deal. The deal values Manor Farm at an enterprise value of €94m. Under the deal terms, Scandi Standard will offer ...
Tags: Poultry Processor, processor
For full-year fiscal 2017 (to end-April), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported record revenue of $1449.3m, up 14.7% on fiscal 2016’s $1263.2m. However, for fiscal ...
Tags: Finisar, Datacom product
Reckitt Benckiser’s $16.6bn acquisition of US-based infant formula manufacturer Mead Johnson Nutrition is all set to be closed after securing the final regulatory approval. Subject to the meeting of customary closing conditions, the ...
Tags: Reckitt Benckiser, infant formula
Industrial packaging services provider Greif has reported a net income of $36m, or $0.61 per diluted share, for the second quarter of 2017, compared to $31.4m, or $0.53 per diluted share, for the same period in 2016. The company’s ...
Tags: Packaging, flexible products
Brazil-based meat processing company JBS has agreed to sell its beef operations in three South American markets to companies controlled by Minerva for $300m. Under the deal, JBS’ beef businesses in Argentina, Uruguay and Paraguay ...
Tags: Beef Operations, Minerva