Harrison Spinks is embarking on a joint venture with Macau Taiwan Machinery Group to manufacture and distribute the award-wining range of postufil products in China. The products produced by the new joint venture, Harrison Taiwan Macau will ...
As part of its growth strategy, Sika is further expanding its presence in the Asia Pacific region by founding a subsidiary company in Myanmar and opening a new production plant in Sri Lanka. This will help the company to further utilize ...
Tags: Sika, new production plant, Construction
Exxel Outdoors today announced it has signed a definitive agreement to acquire American Recreation Products LLC (American Rec). The acquisition will combine the iconic outdoor brands of the American Rec portfolio, which includes Sierra ...
Tags: American Rec, outdoor space, Sporting Goods
Harrison Spinks is embarking on a joint venture with Macau Taiwa Machinery Group to manufacture and distribute the award-winning range of Postufil products in China. The products produced by the new joint venture, Harrison Taiwa Macau, will ...
Royal Philips has announced that it has signed an agreement with a consortium led by GO Scale Capital through which it will acquire an 80.1% interest in Philips' combined LED components and automotive lighting business, with Philips ...
Tags: automotive lighting, Philips, LED
Over the past year, the LED industry had pondered about the company that would eventually take over Philips lighting component (Philips Lumileds) and automotive business. Previous market rumors pointing towards CVC and KKR consortium as ...
Tags: Philips, LED Patent Issues, Lights
US based Ketchup maker Heinz has signed a definitive merger agreement with Kraft Foods to form a new company, Kraft Heinz, to become the third largest food and beverage firm in North America and potentially fifth largest in the world. ...
H.J. Heinz and Kraft Foods Group have announced that they have entered into a definitive merger agreement to create The Kraft Heinz Company. The merger will form the third largest food and beverage company in North America and the ...
Tags: Heinz, Merge, food and beverage company
Indian fair trade watchdog, Competition Commission of India (CCI) has approved the proposal of Reliance Industries to sell 49 per cent stake in a newly-formed textile firm to Chinese company, Shandong Ruyi. “The Commission is of the ...
Tags: Reliance Industries, Shandong Ruyi
China's high speed rail manufacturers China North Railway (CNR) and China South Railway (CSR) announced that their merger had passed overseas antitrust scrutiny. According to local laws, antitrust regulators -- in this case in Australia, ...
Tags: Transportation, CNR, high speed rail
Great Lakes Brewing Company is launching new packaging artwork for their five year-round brands. The new label artwork was handcrafted by artist Darren Booth, who is known for creating detailed paintings with collage elements. GLBC ...
Canadian coffee and doughnut chain Tim Hortons is laying off staff both at its regional offices and corporate headquarters following takeover by Burger King Worldwide. The job cuts is part of reorganisation after the company's ...
Tags: coffee, Agriculture
Medtronic as of Monday expected to complete its $48 billion merger with Covidien—after clearing its final hurdle with the Irish High Court's sanctioning of the deal. Bloomberg dubbed the merger the biggest inversion ever, while ...
Rock-Tenn Company has collaborated with US-based global packaging company MeadWestvaco Corporation (MWV) to create a combined company of packaging (NewCo) in a transaction with an equity value of $16 billion. Under the terms of the ...
Valspar, manufacturer of wood coatings for prefinished flooring, siding, moulding, kitchen cabinets, furniture, and other building products, has began supplying coatings to a new American OEM hardwood-flooring line in Only, Tennessee. The ...
Tags: hardwood-flooring line, siding, moulding, kitchen cabinets, Construction