International property and casualty insurance holding company Markel Capital has reached on agreement to purchase Abbey Protection to boost its product range in the UK and improve reach within the country’s retail market. Under the ...
Tags: Markel Capital, Abbey Protection
Kohat Cement Company Limited has become a subsidiary of ANS Capital as the sponsors of Kohat Cement have transferred 55 percent of their holding to the latter. According to the details, six of seven directors of the cement maker – ...
Tags: Cement, Construction
Bob Sherman, who built Serta into the nation's largest bedding producer, is leaving Serta to pursue other interests, officials announced. His wife, Barbara Bradford, a senior Serta official, is also leaving. No reason for the departures, ...
Tags: Light Industry, Daily Use
Sterling Group Partners III, an affiliated investment fund of The Sterling Group, has acquired ROM and Specialty Manufacturing (SMI), which are owned and independently operated and financed by Century Park Capital Partners. The ...
Tags: Sterling Group, Auto Parts
Pinacle Enterprise, a publicly traded health and technology holding company, has completed the due diligence associated with the previously announced agreement to acquire Xtreme Technologies, a developer and holder of worldwide rights and ...
Tags: Xtreme Technologies, Food
Sistema JSFC, the largest publicly-traded diversified holding company in Russia and the CIS, announces that its subsidiary JSC United Petrochemical Company has signed a joint venture ("JV") agreement with Mexican company Grupo Petrotemex, ...
To enhance the supply of mineral resources, China has accelerated overseas mining investment, but many operations are still facing a gloomy future, an industry expert said. China has only 13 overseas mines in operation with a total annual ...
Tags: Overseas Mining, Mineral
A consortium led by Canada’s Fairfax Financial Holdings has offered to acquire struggling smartphone maker BlackBerry. The proposed deal, which is supported by BlackBerry’s board of directors, values the company at US$4.7 ...
Tags: Blackberry, Electronics
New York-based multinational insurance holding company AmTrust Financial Services has inked a contract to acquire the Insco Dico Group, in a transaction worth nearly $85m. Funded through existing working capital, the acquisition is ...
Tags: Service
Securian Financial Group, a US-based financial services holding company, has established a new Voluntary Employee Benefits Group under Minnesota Life Group Insurance, in a bid to enhance its business footprint. The voluntary benefits ...
Bridgestone is a global leader in the tyre industry. Members of the Bridgestone Group supply a vast range of tyres in the Americas, in Europe, in Japan, in every region on the planet. Customer expectations of tyre performance vary greatly ...
Tags: Tyres, Auto Parts, Bridgestone
Eurostop, a leading supplier to the fashion, footwear and lifestyle sectors has announced that Dolly Diamonds, the holding company for Amy Childs and Celebrity Fashion Clothing has chosen its e-rmis head office/stock management system to ...
Tags: Childs Clothing, Textile, Apparel
Patriot National Insurance Group, workers' compensation insurance services provider, has deployed Vikaran Solutions' WorkersCompExpert (WCE), to address its growing business needs. The new configurable platform has been designed to ...
Tags: Insurance, WorkersCompExpert
The ERGO Insurance Group, which is part of the Munich Re Group, has launched a joint venture (JV) ERGO China Life to offer life insurance to private customers in the Chinese province of Shangdong. Shandong is said to be the third largest ...
Tags: ERGO Insurance, China Life
A consortium of Asec Cement and Qemmet El-Iraq has won a 14-year contract to manage the Muthanna Cement Plant in southern Iraq. The plant is located between Najaf and Basra and is one of seven controlled by Southern Cement Company – ...
Tags: Cement, Construction