Earlier this year, I blogged about the excitement in China generated by the news that its Dalian Wanda Group planned to invest $1.09 billion to build and operate a luxury hotel in London. At the time of their announcement (made in the ...
The study shows that M&A activity has slightly boosted the European packaging industry during a difficult time, with key deals having been completed in the UK. The study, 'Investment Analysis of the European Packaging Industry', also ...
Tags: Packaging, Printing, European Packaging
Epson Italia S.p.A., an Epson Group company has bought the remaining stake and fully acquired For.Tex S.R.L., a leader in the textile printing industry. Epson Italia which had purchased a 50 percent stake in For.Tex in 2012 completed the ...
Tags: Epson, textile printing
Nomad Holdings has completed the previously announced acquisition of frozen food company Iglo Foods from Permira Advisers for €2.6bn. Said to be Europe's largest branded frozen food company, Iglo operates in 12 countries in Europe, ...
Tags: Agriculture, Food, frozen food
Alex Brands will now be able to utilise Juratoys’ European distribution centres for its US-based toys. Alex Brands has made its first move into Europe with the acquisition of French toymaker, Juratoys. Based in Orgelet, France, ...
Tags: Alex Brands, Juratoys Acquisition
Genesco Inc. reported earnings slid 29.3 percent in its first quarter to $9.9 million, or 42 cents a share. Earnings, adjusted for one-time gains and costs, were 51 cents per share, falling well short of Wall Street's consensus estimate of ...
Tags: Genesco, Wall Street Targets
Belgium based carpet weaving machines producer Van de Wiele signed an agreement to purchase French company Superba along with its US subsidiary. According to a Van de Wiele press release, Superba a manufacturer of heat setting machines ...
Tags: Carpet Weaving Machines, heat setting machines, carpet yarns
NXP Semiconductors N.V. of Eindhoven, The Netherlands has agreed to sell its RF Power business for $1.8bn to Jianguang Asset Management Co Ltd (JAC Capital, a subsidiary of China state-owned investment company JIC Capital). NXP's RF Power ...
Tags: RF Power Business, JAC
Specialty chemicals and sustainable technologies company Johnson Matthey has acquired StePac Modified Atmosphere Packaging (MAP) business from DS Smith for £18m. The transaction encompasses all assets of StePac, including Xtend ...
Soitec of Bernin, near Grenoble, France, which makes engineered substrates including silicon-on-insulator (SOI) wafers, has announced a definitive agreement to sell its solar system business - including all technology assets and ...
Tags: Soitec, Core Semiconductor
US-based beverage company Iconic Brands has acquired a majority stake in BiVi, a distributor of premium Sicilian Vodka. With this deal, Iconic is aiming to focus on the premium spirits market. The firm believes that BiVi acquisition is ...
Tags: Iconic Brands, beverage
Hormel Foods has agreed to acquire Applegate Farms, a natural and organic meat products manufacturer, for around $775m. The companies have reached a definitive agreement to this effect. Applegate will operate as a separate, stand-alone ...
Suntory Beverage & Food (SBF) has signed a basic agreement to buy beverage business of Japan Tobacco (JT) for $1.2bn. According to SBF, the deal also includes acquisition of canned coffee brand Roots and peach-flavored drink brand Momono ...
Tags: Suntory, Japan Tobacco
Warrnambool Cheese and Butter Factory (WCB), a subsidiary of dairy giant Saputo, has completed the previously announced acquisition of Lion Dairy & Drinks' (LDD) everyday cheese business (EDC Business) for A$137.5m ($107.3m). The ...
Global packaging and paper group Mondi has agreed to acquire two extrusion coating facilities from Walki Group for EUR60m. The transaction includes Walki's industrial packaging facilities in Pietarsaari, Finland and Wroclaw, Poland. ...
Tags: paper packaging, Packaging