Jarden Corp. reported sales at its Outdoor Solutions segment fell 8.6 percent to $624.9 million from $684.1 million a year ago. Segment operating income fell 47.4 percent to $19.1 million from $36.3 million. Excluding acquisition-related ...
Tags: Jarden, Outdoor Solutions
US wholesale energy provider Southern Power, a subsidiary of Atlanta-based Southern Company, has acquired a controlling stake in the 32MW Lost Hills-Blackwell Solar Facility in California from cadmium telluride (CdTe) thin-film photovoltaic ...
Tags: Solar Facility, Solar Cell
European packaging company Faerch Plast has acquired Cambridgeshire-based Anson Packaging that specialises in producing thermoformed packaging solutions for the UK market. Although the details of the transaction were not revealed, ...
Tags: packaging company, Faerch Plast, Packaging
On a GAAP basis, operating profit surged 25 per cent to $90 million while earnings per share (EPS) rose higher by 30 per cent to $0.13, both up from the year ago quarter at HanesBrands in the first fiscal quarter ended April 4, 2015. ...
Tags: GAAP basis, Hanes
Australian salmon company Tassal Group Limited (Tassal) has responded to speculation in the media that a potential acquisition of De Costi Seafoods, one of the largest names at the Sydney Fish Market, has been completed, saying this is not ...
Tags: Costi Seafoods, Tassal Group
Industry executives forecast the consolidated revenue of machine-tool maker Tongtai Machine & Tool Co., Ltd. of Taiwan to rise over 20 percent year on year to NT$10 billion (US$322.58 million) by the end of this year, basing such optimistic ...
Tags: machine-tool, Tongtai Machine&Tool
Global beverage giant Coca-Cola Company has agreed to acquire multi-grain drink China Culiangwang Beverages for $400m including debt, to boost its sales in the Chinese market. This is Coke's first acquisition in China since its ...
Germany-based plastic extrusion lines, machines and components supplier Reifenhauser Group will acquire spinneret manufacturer Enka Tecnica. Employing 130 people, Enka specialises in manufacturing spinnerets for nonwovens, wet and dry ...
Italian coffee company Massimo Zanetti Beverage Group (MZB Group) has bought the production and distribution network of CECA S.A., a subsidiary of the German Neumann Kaffee Gruppe. Expanding its footprint in the Costa Rican market, MZB ...
Tags: coffee, MZB Group, Neumann Kaffee Gruppe
Smurfit Kappa has entered into an agreement with pan-European investor Aurelius to sell its solid board and graphic board operations located in the Netherlands, Belgium and the UK. The scope of the deal will include two graphic board ...
Tags: Smurfit Kappa, Non-Core Units
Packaging company Ardagh is almost said to have completed its €3bn acquisition of the glass packaging unit of Saint Gobain. Saint Gobain has been considering the sale of Verallia to focus on higher-margin home and construction ...
Tags: Glass Packaging, Packaging
Croatian food company Podravka has agreed to purchase 51.55% regular shares of Slovenia’s food producer Zito for a total amount of €33m. The Croatian firm will pay €180.1 per share and the acquisition is subject to ...
Tags: Podravka, food producer Zito
American biotechnology company Intrexon has completed the acquisition of Okanagan Specialty Fruits (OSF), the agricultural company behind the world's first non-browning apple, Arctic apple. British Columbia based OSF developed the ...
KODA Distribution Group (KDG) and the Unipex Group have announced KDG’s acquisition of Unipex Solutions Canada, a specialty chemicals distributor in Canada. The acquisition, KDG said in a statement, exemplifies the company’s ...
China-based Hanergy Thin Film Power Group Ltd and the Huangpi District People's Government in Wuhan City have entered into an investment cooperation agreement to construct a gallium arsenide (GaAs) thin-film solar cell R&D and manufacturing ...
Tags: Solar Cells, gallium arsenide