Fresh produce company Fyffes has acquired Canadian mushroom producer Highline Produce for CAD$145m (€98m), including refinancing Highline’s existing debt. Fyffes will fund the acquisition through new and existing bank debt. ...
Tags: Fyffes, Acquisition, Highline Produce, Mushroom Producer
With the firm set to celebrate its 60th anniversary this year, consumer research has been the driver behind the company's bold new direction, encompassing staff changes and fresh kits for casual users. As Revell gears up to celebrate its ...
Tags: Revell, Model kits, Junior kits, 60th anniversary
Transilwrap Company, a manufacturer of specialty film products, has signed a letter of intent to acquire the specialty films business of US based Dow Chemical. Dow's specialty films business provides film solutions used in medical, ...
Tags: Transilwrap, Film products, Dow Chemical
Toad&Co has added Scott Whipps to its senior management team as vice president of sales, effective March 28, 2016. In his new role, Whipps will lead the strategic development, management and execution of global sales for Toad&Co. ...
Tags: VP of Sales, Whipps, Toad&Co
Canada-based food manufacturing company Premium Brands has entered into agreement to acquire Montreal based C&C Packing and affiliate Premium Meat Packers for $146m, in a cash-and-share deal. The transaction, which is subject to ...
Tags: Premium Brands, C&C Packing, Aquisition, Premium Meat Packers
Arccos Golf, maker of GPS + Live Shot Tracking + Tour Analytics platform appinted Tom Williams to its senior management team as VP of marketing. In his new role, Williams will lead development and execution of Arccos’ global ...
Tags: Arccos Golf, Tom Williams, VP of marketing
According to market sources, independent multichannel retailer Lombok, best known for its exotic, colonial-styled furniture, is currently exploring the possibility of a sale, with the aim of funding a series of ambitious growth plans. ...
Tags: Multichannel retailer, Lombok, Furniture, Sale
The European Commission has approved Switzerland-based meat processor Bell Food Group‘s acquisition of Austrian poultry producer Huber Group. The financial terms of the deal have not been disclosed. The acquisition was announced on 16 ...
Tags: European Commission, Bell Food Group, Huber Group, Acquisition
US-based manufacturer of sauces and dressings Ventura Foods has completed the acquisition of Canadian Wing’s Foods’ sauces and condiments business. The acquired business will become part of Ventura Foods Canada and function ...
Tags: Ventura Foods, Wing's Foods
Two of China's largest home appliances manufacturers are predicting huge losses for 2015. Sichuan Changhong Electric Co Ltd has forecast it will slip 1.97 billion yuan ($300.3 million) into the red, a staggering 3,455 percent fall ...
Tags: home appliances, TV
The Party chief and president of China Telecom is being investigated for possible "serious violations of discipline", the euphemism for graft, the top anti-corruption authority said yesterday. The Communist Party of China Central ...
Tags: China Telecom, Graft Probe
The China-proposed Asian Infrastructure Investment Bank (AIIB) was formally established Friday. Expectations are high for the new global multilateral financial institution, which will operate in an open, fair and efficient manner, AIIB's ...
The China-initiated Asian Infrastructure Investment Bank (AIIB), a complement to existing international financial system, was formally established Friday in Beijing and expected to start operation early next year. "The AIIB is legally ...
Tags: AIIB
ICV Partners (ICV) announced today that it has completed the sale of Stauber Performance Ingredients, a leading distributor of nutraceutical ingredients, to Hawkins, Inc. (Nasdaq: HWKN), for $157m. Founded in 1969, Stauber offers ...
Pride Manufacturing Corp., a leading manufacturer of golf cleat systems, golf tees and related consumable golf accessories and wood products, has been sold to Medalist Corp., the maker of golf club components and other sporting goods. ...
Tags: Pride Manufacturing Corp, golf cleat systems, Sporting Goods