German automotive giant Volkswagen is set to acquire the entire stake in Swedish commercial vehicle maker Scania for EUR6.7bn. The company currently holds a total of 89.2% of the voting rights and 62.6% of the capital of Scania. ...
Tags: Commercial Vehicle, Volkswagen
Graphic Packaging's European subsidiary is all set to acquire the UK-based food and healthcare packaging firm Benson Group for approximately $165m. Subject to standard closing requirements, the transaction will be funded with existing ...
Tags: Graphic Packaging, Packaging
M/A-COM Technology Solutions Inc of Lowell, MA, USA (which makes semiconductors, components and subassemblies for analog, RF, microwave and millimeter-wave applications) has acquired Nitronex LLC of Durham, NC, USA, which designs and makes ...
Tags: GaN technology, MACOM
Eco-friendly vehicles distributor Green Automotive (GAC) is set to acquire American composite materials manufacturer Blackhawk Manufacturing in an agreement. Blackhawk manufactures composite materials at its two plants in Bloomington, ...
Wanxiang America, an affiliate of Chinese automotive parts maker Wanxiang Group, has received an approval from the US bankruptcy court to acquire the assets of American electric car maker Fisker Automotive for $149.2m. The company has won ...
Australian flat steel producer BlueScope has announced that it has agreed to acquire the downstream long product rolling and marketing operations of Fletcher Building's Pacific Steel Group (Pacific Steel), based in Auckland, New Zealand. ...
Tags: Pacific Steel, flat steel
US-based flexible packaging company Bemis has signed an agreement with Hood Packaging to sell its paper packaging division. As part of the deal, Hood Packaging will acquire offices and manufacturing facilities of the division, situated in ...
Agropur Cooperative today held its 75th Annual General Assembly with some 600 members, employees, business partners and guests from the Agri-Food industry in attendance, and reported solid financial health and a strong market position, ...
Despite this, intellectual property rights can still be confusing to many in this field and often get overlooked. However, intellectual property can generate a significant commercial advantage for a company if effectively managed, without ...
Tags: Intellectual Property, Service
The government of Russia’s Dagestan Republic, one of 83 federal subjects of Russia, is planning to implement an investment project for growing cotton in the region as well as for processing cotton. According to a statement issued ...
Tags: Growing Cotton, Textile
Bauer Performance Sports Ltd. entered into a definitive agreement to acquire the Easton Baseball/Softball business for US $330 million in an all-cash transaction, subject to a working capital adjustment. Easton-Bell Sports also indicated ...
Knight Transportation Inc. has agreed not to acquire any additional stake in USA Truck Inc. for the next seven months as part of a lawsuit settlement, the carriers said. The settlement ends a court case USA Truck had filed after Knight ...
Tags: Knight, Truck Takeover, Transportation
On February 2,2014,Sulzer signed an agreement for the acquisition of a 75%stake in Saudi Pump Factory with Nabil Al Hashim,the owner and founder of the company. The agreed purchase price for the 75%stake is CHF 33 million.Closing of the ...
Tags: Pump, Sulzer.Saudi Pump
VF Corp reported revenues rose 8 percent in its fourth quarter to $3.3 billion, compared with the same period of 2012, driven by double-digit growth in its Outdoor & Action Sports, Sportswear, international and direct-to-consumer ...
Tags: Sporting Goods, Recreation
Smith & Nephew plc (London) announced on February 3 the "execution of a definitive agreement" to acquire the U.S. medical device company ArthroCare Corp. (Austin, TX) for a cash price of $48.25 per ArthroCare share, a total of about $1.7 ...
Tags: Sports Medicine