Australia’s largest family-owned fresh-produce marketing company, Perfection Fresh Australia, has announced it will boost its tomato category position with the acquisition of the Moraitis tomato-growing business. Michael Simonetta, ...
Tags: tomato, Agriculture
Australia’s oldest chocolate business, the iconic Ernest Hillier has been placed into voluntary administration, and a meeting with creditors will take place on Tuesday 20 January 2014. Hillier’s administrator, Bruno Secatore ...
Tags: chocolate business, Agriculture
Thailand based and global fibres and petrochemicals producer, Indorama Ventures (IVL) is pulling out of an agreement to acquire SASA Polyester Sanayi AS (SASA) in Turkey. In a Thailand stock exchange filing, Indorama said both sides have ...
Tags: DMT, staple fibers, filament yarns, Textile
NeoPhotonics Corp of San Jose, CA, a vertically integrated designer and manufacturer of both indium phosphide (InP) and silica-on-silicon photonic integrated circuit (PIC)-based modules and subsystems for high-speed communications networks, ...
PPG Industries reported fourth quarter 2014 net sales from continuing operations of $3.71 billion, up $207 million, or 6 percent, versus the prior-year figure of $3.5 billion. Net sales in local currencies grew 10 percent year-over-year, ...
Tags: portfolio management, earnings-accretive cash deployment, Construction
American cereal producer Kellogg has completed the acquisition of a majority stake in Egyptian cake and biscuit maker Bisco Misr, in a previously announced deal worth $125m. Kellogg has agreed to pay £89.86 per share for 85.93% ...
Tags: Egyptian cake, biscuit maker, Agriculture
Lantmannen has agreed to acquire all the remaining shares, it does not already own in Finland-based thin crisp producer Vaasan, from Lion Capital for an undisclosed amount. The acquisition is in line with Lantmannen's strategy to ...
Tags: thin crisp, bakery products, Agriculture
Adjusted gross profit in the second fiscal quarter ended November 30, 2014 climbed 57 per cent year on year at NYSE listed Performance Sports Group. As against $39.6 million in the year-ago quarter, adjusted gross profit rose 57 per cent ...
Tags: sales, marketing costs, Apparel
With regards its proposal to acquire Family Dollar Stores, retailer Dollar General has concluded that the additional step of certifying substantial compliance with the FTC's request for further information and documentary material is ...
Tags: GOLD proxy card, Apparel
Vidrala, through its subsidiary Inverbeira Sociedad de Promoción de Empresas, has completed acquisition of Encirc, an Irish manufacturer of glass containers for the food and beverage industries, for €408.6m. Encirc ...
British beverage can maker Rexam, along with Envases Universales de Mexico (EUM), has acquired Envases Del Istmo (Endelis), a single line beverage can plant in Colón, Panama. The acquisition complements Rexam's existing Central ...
Tags: soft drinks, beer, energy drinks, Agriculture
Sources claim executives from both firms, along with advisers, met as recently as last week in order to discuss the terms of a potential deal. The report claims Samsung is offering up to 60 per cent more per share than the current trading ...
Tags: Samsung, Blackberry, Consumer Electronics
Garmin Ltd. has acquired the assets of iKubu (Pty) Ltd., a privately-held designer of computer vision and radar systems for the cycling market. iKubu was in the final stages of developing the Backtracker low-energy bike radar, a device that ...
Infineon Technologies AG of Munich, Germany has completed its acquisition (announced on 20 August) of International Rectifier Corp (IR) of El Segundo, CA, USA, following the approval of all necessary regulatory authorities and International ...
Infineon Technologies AGannounced today the closing of the acquisition of International Rectifier. With effect from today, the El Segundo based company has become part of Infineon following the approval of all necessary regulatory ...
Tags: necessary regulatory authorities, power semiconductors, Lights