China-based Bright Foods’ listed subsidiary is acquiring 50% stake in New Zealand-based meat cooperative Silver Fern Farms for NZ$311m ($197m) as it seeks to import more of agricultural products from New Zealand. Silver Fern ...
Tags: Bright Foods, sheep and beef, dairy
MillerCoors is closing its brewery in Eden, North Carolina due to sales decline as there has been a visible shift in consumer preferences from mainstream beer to crafts beer. The Eden brewery was the first to brew Miller Genuine Draft. ...
Tags: MillerCoors, crafts beer, brewery
Infineon Technologies AG of Munich, Germany says that is the market leader in power semiconductors for the twelfth consecutive time. Following the firm's acquisition of International Rectifier at the beginning of 2015, Infineon has a market ...
Tags: power semiconductors, Electronics
Chinese automotive platform maker AVIC Automotive Systems has acquired Henniges Automotive which makes engineered sealing and anti-vibration systems for the automotive market. US based Henniges Automotive is known for designing, ...
In booth C309 (Hall Ternes) at European Microwave Week (EuMW 2015) in Paris, France (6-11 September), Infineon Technologies AG of Munich, Germany has introduced its first devices in a family of gallium nitride on silicon carbide ...
Tags: EuMW 2015, GaN-on-silicon, GaN-on-SiC, PA
The US Air Force has awarded Cree Inc of Durham, NC, USA, which makes silicon carbide (SiC) and gallium nitride (GaN) wafers and devices as well as LEDs, a $4.1m follow-on contract, enabling qualification of a high-performance power ...
Tags: GaN wafers, SiC
British packaging distributor Kite Packaging has completed the acquisition of Golden Valley Pallet Wrap Specialists for an undisclosed amount. The acquisition covers goodwill and certain assets of Golden Valley. However, the deal does not ...
Tags: Kite Packaging, Golden Valley
In 2014, China’s lithium battery equipment market size (excluding imported equipment, the same below) ascended by 31.0% year on year to about RMB3.8 billion. Impacted by explosive development of the new energy vehicle market, CATL, ...
Transcontinental has entered into an agreement to buy US-based flexible packaging supplier Ultra Flex Packaging in a deal worth $80m. The amount requires to be paid in cash at closing, along with an additional consideration payable ...
Tags: Flex Packaging, TC Transcontinental, Packaging acquisition
Hybrid packaging supplier Berlin Packaging has acquired rigid packaging supplier Vivid Packaging, which has its business networks spread across 25 states in the US as well as Canada and Mexico. With this, Berlin Packaging has completed ...
Tags: Hybrid packaging, Berlin Packaging, USCC
Global supplier of folding cartons Amcor Tobacco Packaging has completed the purchase of Souza Cruz’s internal tobacco packaging business based in Cachoeirinha, Rio Grande do Sul, in Brazil. This business is expected to achieve ...
Tags: Amcor, Tobacco Packaging, PIPL
Packaging machinery company Pro Mach has expanded its labeling and coding business with the acquisition of Greydon for an undisclosed amount. Based in Pennsylvania, Greydon manufactures inline printing and coding solutions for flexible ...
Tags: labeling, coding, flexible packaging
The European Commission has launched an in-depth investigation into Mondi's proposed acquisition of two industrial packaging plants from Walki in a bid to ensure that the deal is pursuant to the EU Merger Regulation. The regulator is ...
Tags: Mondi, packaging plants, Extrusion coating
Cargill Poland has divested its Polish pig and cattle entity Agro Provimi to meat processor PKM Duda for PLN28.1m (€6.7m). PKM Duda funded about 10% of the acquisition deal through its own resources, while the rest was managed ...
Tags: pig and cattle, processor PKM, Agro Provimi
General Electric (GE) has completed the sale of its US fleet services business to Element Financial for $5bn. The company said that the sale of GE's Mexican, Australian and New Zealand fleet businesses to Element is also expected to close ...
Tags: General Electric, Fleet Business