Scania will start delivering 51 hybridised Scania Citywide buses to Madrid in June. These complete buses feature cost saving and emission educing hybrid technology that meets the EU suburban and short distance Class II regulations. "We ...
Tags: Scania, Hybrid Buses
US-based flexible and rigid packaging solutions provider Bemis has agreed to acquire medical device packaging operations and related value-added services from SteriPack Group for an undisclosed sum. As part of the transaction, Bemis will ...
Tags: Bemis, Acquisition, Medical device packaging, SterPack Group
Semiconductor process equipment maker SAMCO Inc of Kyoto, Japan is employing about 20 more people at its locations in North America, China, Taiwan and Singapore, as well as its subsidiary Samco-UCP in Liechtenstein, in order to better ...
Tags: Samco
Pacific Sunwear of California, Inc. entered into a restructuring support agreement (RSA) with affiliates of Golden Gate Capital, the holder of its secured term loan provider under the company's financing facilities. In conjunction with the ...
Tags: Pacific Sunwear, RSA, Golden Gate Capital, Bankruptcy
HanesBrands has agreed to acquire the privately held Italian company Champion Europe, which owns the trademark for the Champion brand in Europe, the Middle East and Africa, in an all-cash transaction. The purchase price will be 10 times ...
Tags: Champion Europe, Hanesbrands, EBITDA
Finnish meat processor Atria has gained the approval of Swedish Competition and Consumer Authority to complete the €18m acquisition of poultry firm Lagerberg. The competition authorities have approved the transaction without any ...
Tags: Atria, Lagerberg, Acquisition, Consumer Authority, Competition Authorities
Jarden Corporation reported operating earnings at its sporting goods segment plunged 82.4 percent last year due primarily to impairment charges it took in its winter sports business in the fourth quarter ahead of its acquisition by Newell ...
Tags: Jarden Corp., Acquisition, Sports Assets
The Finish Line Inc. reported earnings for the fourth quarter before non-recurring items fell 11.6 percent to $36.5 million, or 83 cents a share. Earnings came in at the high end of its guidance calling for earnings between 78 and 83 cents ...
Tags: Non-adjustments, Q4 Profits, Finish Line
G-III Apparel Group Ltd. reported fourth-quarter earnings that came in well short of Wall Street targets. For the fourth quarter ended Jan. 31, 2016, G-III reported that net sales increased by 3 percent to $527.4 million from $514.3 ...
Tags: G-III, Earnings, Wall Street targets
L.L.Bean announced its fiscal 2015 sales were flat as well as its intention to pay performance bonuses to employees. For the fiscal year ending February 28, 2016, L.L.Bean reported annual net sales of $1.6 billion, essentially level with ...
Finnish food company Atria is entering Swedish poultry business by acquiring Lagerberg i Norjeby (Lagerbergs). The financial terms of the deal have not been disclosed. Through this deal, the company is purchasing the entire share ...
Tags: Atria, Swedish Poultry, Aquisition
United Natural Foods has reported financial results for the second fiscal quarter and six months ended January 30, 2016. The Company also announced today that it has acquired certain assets of Global Organic/Specialty Source, Inc. and ...
US-based food company General Mills is planning to more than double its organic acreage sourcing for ingredients, to reach its goal of 250,000 acres by 2019. The increase in acreage is to meet the growing demand for natural and organic ...
Tags: General Mills, Organic Acreage, Ingredients
Armanino Foods of Distinction reported record sales and profits for the fourth quarter and year ended December 31, 2015. Net sales in the fourth quarter were $9,044,580, an increase of 16% from the $7,793,293 posted in 2014's fourth ...
Tags: Armanino Foods, domestic markets
Berry Plastics Group reported results for its first fiscal 2016 quarter, referred to in the following as the December 2015 quarter. "During the quarter we achieved record net sales and operating EBITDA for any quarter in the Company's ...
Tags: Berry Plastics, EBITDA