Japanese automaker Nissan has agreed to sell its electric battery business to GSR Capital, a Chinese investment firm, for an undisclosed amount. As per the agreement, Nissan will be selling its battery subsidiary Automotive Energy Supply ...
Tags: Nissan, Electric Battery
Finland-based self-adhesive label materials producer UPM Raflatac has purchased the assets of Texas-based paper and forest products company Southwest Label Stock for an undisclosed amount. The acquisition will enable UPM Raflatac to ...
Tokyo-based Showa Denko K.K. (SDK) says that, by the end of January 2018, it will acquire assets from Nippon Steel & Sumitomo Metal Corp (NSSMC) and Nippon Steel & Sumikin Materials Co Ltd (NSMAT) concerning the ...
Tags: SDK, Nippon Steel
Japanese brewing company Sapporo has agreed to acquire US-based Anchor Brewing for an undisclosed amount. Sapporo aims to continue Anchor’s traditions and legacy in San Francisco while growing the brand globally. Anchor Brewing ...
Tags: Sapporo, Anchor Brewing
Private equity firm GenNx360 Capital Partners has signed an agreement to sell its portfolio company Novel Ingredients to specialty ingredients provider Innophos Holdings. Novel Ingredients, which was acquired by GenNx360 in March 2014, is ...
Tags: Innophos, raw materials
Brynwood Partners VII has acquired Cold Spring Brewing Company from its current owner, the Lenore family, for an undisclosed amount. Located in Cold Spring, MN, Cold Spring is a leading beverage manufacturer that produces energy drinks, ...
Tags: Brynwood Partners, Cold Spring
Co-founder of Kids Industries Gary Pope talks the transition of TV advertising to digital. 65 years ago, the first TV ad for toys aired in the US: 45 seconds of advertising history that led to the sale of 100m Mr and Mrs Potato Heads. ...
Tags: Kids Industries
Packaging materials developer Tekni-Plex is expanding its Tekni-Films operations in Italy via an acquisition. The company acquired the self-adhesive tape substrate operations of Alfatherm SpA of Venegono Superiore (VA), Italy. The ...
Tags: Tekni-Plex, Adhesive Tape
US-based industrial distributor of paper and print solutions Mac Papers has acquired Florida Graphic Supply for an undisclosed sum. The acquisition will allow Mac Papers to distribute Roland equipment to its Southeastern markets. It ...
Tags: Mac Papers, Packaging
US based pulp and paper company Georgia-Pacific (GP) has acquired PAX Corrugated Products to expand its corrugated packaging business for an undisclosed sum. With a workforce of over 100 staff in Lebanon, Ohio, PAX operates a corrugated ...
WestRock has purchased Australian paperboard-packaging manufacturer Hannapack for A$75m ($59m) to expand its consumer packaging portfolio. Hannapack, which was established by Charles Hanna in 1967, provides folding cartons to a range of ...
Tags: WestRock, Consumer Packaging
French automaker PSA Group (Groupe PSA) has completed the acquisition of General Motors' (GM) European brands Opel and Vauxhall. With the acquisition now being officially complete, PSA Group has become the second largest automaker in ...
Tags: PSA Group, General Motor
American paper and pulp giant International Paper has recorded a net profit of $80m, compared to the $209m the company earnt in the first quarter of this year. Last year, during the same period, the company earned $40m. The earnings ...
Diversified Global Graphics Group (DG3), a portfolio company of Resilience Capital Partners, has acquired London-based Leycol Printers Limited, a provider of high-end offset and lithographic printing service for the financial and commercial ...
Tags: lithographic printing, Printers
EDF Renewable Energy (EDF RE) of San Diego, CA, USA (a subsidiary of EDF Energies Nouvelles, the renewable energy arm of EDF group) says that in late June it acquired the 179MWAC Switch Station 1 and Switch Station 2 Solar Projects from ...