Magnolia Solar Corp of Woburn, MA and Albany, NY, USA has entered into a letter of intent with Singapore-based Solar Silicon Resources Group Pte Ltd (SSRG) to acquire their assets and merge their business interests. Magnolia's subsidiary ...
Tags: Electrical, Electronics
As of June 9, inventory of iron ore at 33 major Chinese ports amounted to 114.71 million mt, down 0.48 million mt or 0.42 percent compared to the inventory level recorded on June 2, as announced by China's Xinhua News Agency. As of the ...
Tags: Iron Ore, Chinese Ports
PPG Industries announced that its North American architectural coatings business has reached a definitive agreement to acquire Masterwork, an independent architectural paint distributor headquartered in Pittsburgh. The acquisition of ...
Tags: PPG, Construction, Decoration, coatings
Vishay Intertechnology, Inc. VSH +0.26% , one of the world's largest manufacturers of discrete semiconductors and passive electronic components, today announced the acquisition of Holy Stone Polytech Co., Ltd. ("Holy Stone Polytech"), a ...
Tags: Electrical, Electronics
Tier-one commercial vehicle supplier WABCO Holdings has completely acquired Belgium-based fleet management solutions provider Transics International with the acquisition of the remaining 3.16% stake in the company. Earlier in February ...
Tags: tire, tyre, auto parts
B&G Foods (BGS) announced today that it has completed a refinancing of its senior secured credit facility by terminating the facility and replacing it with a new senior secured credit facility, consisting of $300 million of tranche A term ...
Tags: Agriculture, Food
PPG Industries' North American architectural coatings business has reached a definitive agreement to acquire The Homax Group, Inc., a supplier of decorative wall and ceiling texture repair products. Homax is a portfolio company of Olympus ...
Tags: PPG, Coatings, Construction
Monomoy Capital Partners, a New York private equity fund focused on value investing and business improvement, and Kingsmoor LLC, an investment company with extensive operational and apparel experience, announced that they have teamed up to ...
Tags: Apparel, Accessories
Jos. A. Bank Clothiers, Inc. announced that adjusted earnings per diluted share were $.32 for the first quarter of fiscal 2014, representing a 10.3% increase compared to adjusted earnings per diluted share of $.29 in the first quarter of ...
Japanese automotive products manufacturer Denso has purchased 72.1% stake in the US-based vehicle diagnostic and telematics solutions provider EASE Simulation. The transaction is expected to help DENSO expand research and development of ...
Tags: Auto Parts, Car parts
BASF has successfully closed the previously announced transaction to divest its PolyAd Services business unit to Edgewater Capital Partners, L.P., a private equity firm based in Cleveland, Ohio. Edgewater Capital Partners intends to further ...
Tags: Polyad Services, BASF
Givaudan announced that it has acquired 100% of the shares of Soliance SA and its subsidiaries. Soliance provides innovative cosmetic solutions to its international clients and partners and develops high added-value active ingredients, ...
Tags: Givaudan, Michael Carlos
Spain-based food company Ebro Foods has entered into an agreement to acquire 52% stake in the Italian company Pastificio Lucio Garofalo for EUR62.5m. Pastificio owns brands such as Garofalo, Santa Lucia and Russo de Cicciano, inter ...
Tags: Ebro Foods, Dry Pasta
The 564-door action sports chain, which no longer reports weekly comparable store sales when reporting monthly results, said May comps increased 3.6% with stronger same store sales in the month's final two weeks. Overall sales rose 13.3% to ...
South Africa-based paper and packaging firm Mondi has signed an agreement with Graphic Packaging subsidiary Graphic Packaging International to acquire its bags and kraft paper business, for around $105m. As part of the deal, Mondi will ...
Tags: Bags, Graphic Packaging