Citing mill discipline and some lingering supply problems, the US sheet market is reporting higher cold-rolled coil prices in the Midwest, but market participants have noted that the widening spread between CRC and hot-rolled coil may be ...
Tags: CRC Prices, Chemicals
China is the world’s largest furniture exporting country; the foreign-trade dependence remained about 25%. In 2012 the export amount of furniture and the parts reached $ 48.824 billion, from 2002 to 2012, the furniture exports ...
Tags: Chinese Furniture
Food products supplier Alliance Grain Traders (AGT) has completely acquired Canada-based retail food packaging firm CLIC International. The transaction includes CLIC's inventory, retail packaging and canning production equipment. It also ...
Tags: CLIC, AGT, Arslan, Murad Al-Katib
January 15, 2014 Sophie Langley Mundella Foods has been acquired by China-based Bright Food Group China’ Bright Food Group Co Ltd (Bright Food) has agreed to buy Western Australian dairy company Mundella Foods, expanding the ...
Tags: Bright Future, Mundella Food, Wa Cheese, international interest
Admittedly, when I saw that Avnet Electronics Marketing Americas president Ed Smith would give an “Unplugged” presentation at last fall’s Electronic Components Industry Association Executive Conference, I smiled thinking ...
Tags: Industry Change, Electronics
Beam has been acquired by Suntory Holdings Japanese beverage company Suntory Holdings is set to acquire all outstanding shares of premium alcoholic spirits company Beam Inc for US$83.50 per share in cash or total consideration of ...
Tags: Suntory Holdings, acquisition, Beam
Suntory Holdings, a Japan-based beverage firm, has agreed to acquire American spirits maker Beam for around $16bn. As per the agreed terms, both the companies aim to achieve growth in markets across the world, including the US. The ...
Tags: Spirits Maker, Food
The European Candy Group (TECG), a private label manufacturer owned by Bencis Capital Partners, has acquired a Dutch liquorice firm Kraepelien & Holm (K&H). This move is part of the group's efforts to obtain a leading position in ...
Tags: European Candy, Liquorice
HOUSTON — Mattress Firm, the nation's largest chain of sleep shops, is in talks to acquire fellow Top 100 retailer Sleep Train, according to a story in today's New York Post. The Post story said the deal, which would combine two of ...
Tags: Mattress Firm, acquisition, Sleep Train
Wolverine Worldwide reported preliminary unaudited revenue and earnings results for the full year ended December 28, 2013. The year included a full 52-week contribution from the Company's October 2012 acquisition of the Sperry Top-Sider, ...
Foster Wheeler AG (Nasdaq:FWLT) (“Foster Wheeler” or the “Company”) today confirmed that, following a comprehensive review of strategic alternatives, it has provisionally agreed with AMEC plc (“AMEC”) on ...
Tags: Foster Wheeler, AMEC, non-binding outline terms, business combination
Wolverine Worldwide reported that it expects earnings for 2013 to come in ahead of previous guidance although revenues would fall short. The year ended Dec. 28 included a full 52-week contribution from the company's October 2012 ...
Tags: Wolverine Worldwide, expect earnings, revenues, Fiscal 2013
Financial terms of the transaction were not disclosed. Zalkin’s management team and employees will continue to operate from their facilities in Montreuil L’Argillé and Rueil-Malmaison in France. Pro Mach announced in ...
Tags: Capping Machinery, Packaging
Telecommunications provider, Telstra, is set to make $454 million from a new strategic partnership with Platinum Equity as it prepares to sell 70 per cent of its stake in its directories business, Sensis, to the US-based private equity ...
Tags: Telstra, Telecommunications
Google has acquired Nest, a company that makes a home thermostat that can be programmed from mobile phones, for US$3.2 billion in cash, Google said on Monday. The founders of Nest, Tony Fadell and Matt Rogers, “have built a ...
Tags: Smart Thermostat, Google