The Australian Foreign Investment Review Board (FIRB) has approved $1.13bn bid by JBS USA to acquire Australian Consolidated Food Holdings (Primo), said treasurer Joe Hockey. With this approval, US subsidiary of the Brazilian meat ...
Tags: meat processing, Pork
Australian wholesaler and distributor of groceries Metcash is attempting to stem recent losses in its Liquor division, entering into an agreement in late February 2015 to purchase Southern Independent Liquor Group (SILG), which trades under ...
Tags: Liquor Sales, Food
After two tough years of stagnation, in 2014 the power semiconductor device market returned to growth, rising by 8.4% to $11.5bn, according to the report 'Status of the Power Electronics Industry (February 2015 edition)' from Yole ...
Miles Roberts chief executive of DS Smith said: “Peter McGuinness has overseen a great period of growth for the company, including the consolidation of SCA Packaging. He will continue to play an important role within DS Smith. ...
Tags: Jim Malone, DS Smith
Quintessential Brands has acquired French spirits producer Lafragette & Legier (L&L) from French American Vintners. The acquisition marks an important step in the company's growth as an international drinks business. This ...
Tags: spirits, Quintessential Brands
German manufacturer of offset printing presses Heidelberger Druckmaschinen will be acquiring the Europe-based Printing Systems Group (PSG) for an undisclosed amount. The company said that with this acquisition, Heidelberg will be able ...
Tags: offset printing, Packaging
SunOpta has signed a definitive agreement to acquire Citrusource, a move that will expand the company's healthy beverages range. The acquisition is in line with the company's core integrated two-touch strategy and leverages the vertically ...
Tags: SunOpta, Organic Juice
Apple has taken three years to regain the crown as the world's top smartphone maker. The latest market data show that the iPhone maker beat Samsung for the first time since 2011. Leading market research firm Gartner has released a ...
Tags: Apple, Samsung, Smartphone Market
Peregrine Semiconductor Corp of San Diego, CA, USA - a fabless provider of radio-frequency integrated circuits (RFICs) based on silicon-on-insulator (SOI) – has teamed with Murata Manufacturing Co Ltd of Kyoto, Japan (its parent ...
Tags: Semiconductor, integrated circuits
For full-year 2014, specialty metal and chemical products firm 5N Plus Inc of Montreal, Québec, Canada has reported revenue of $508.2m, up 10.7% on $459m for 2013. 5N Plus provides purified metals such as bismuth, gallium, ...
Tags: 5N Plus, Commodity Pricing
Australia based Warrnambool Cheese and Butter Factory (WCB) has agreed to acquire the everyday cheese business (EDC Business) of Lion-Dairy & Drinks (LDD), in a A$137.5m ($107.3m) deal. With this transaction, WCB will boost its ...
Tags: Cheese, Butter, Lion Dairy
Packaging solutions provider Multi Packaging Solutions (MPS) has completed the previously announced acquisition of Scotland-based Presentation Products Group for an undisclosed amount. Presentation Products Group specialises in supplying ...
Hayssen Flexible Systems, a company that designs and manufactures Vertical Form Fill Seal (VFFS) baggers and Horizontal Form Fill Seal (HFFS) flow wrappers for the food packaging industry, has launched a new manufacturing value stream at ...
Automotive component supplier Cooper-Standard has completed the purchase of Huayu Automotive System’s shares in Huayu-Cooper Standard Sealing Systems, the company’s Chinese joint venture. The purchase has made Cooper-Standard ...
Online payment giant PayPal has confirmed that it is to purchase Paydiant, a company that provides mobile wallet technology for a number of major apps. Most notably among those supported apps are those from MCX, which is the consortium of ...
Tags: PayPal, Apple Pay, Online payment