Hain Celestial, a US-based natural and organic food products company, has completed the acquisition of some of the packaged grocery brands of UK-based Premier Foods in a £200m cash-and-stock deal. The consideration consisted of cash ...
Tags: natural and organic food products company, acquisition
Indiana-based Royal Adhesives & Sealants, a portfolio unit of Arsenal Capital Partners, has announced the acquisition of Clifton Adhesives. For Cifton Adhesives, which deals in elastomeric and thermoplastic adhesives and coatings for ...
Specialty glass maker Corning Inc (GLW.N) has won U.S. approval to buy a division of Becton Dickinson & Co (BDX.N) that makes specialized labware, but must help Sigma-Aldrich Co (SIAL.O) enter that market, the Federal Trade Commission said ...
Tags: Corning, glass maker, Benton Assets
Bermuda-based reinsurance specialist Validus Holdings has appointed Mahmoud Abdallah to its board of directors with immediate effect, expanding the board to ten members. Validus chairman and chief executive officer Ed Noonan said: ...
Tags: reinsurance specialist, Validus Holdings, Mahmoud Abdallah
Germany-based fast moving consumer goods (FMCG) has announced plans to set up a greenfield facility for manufacturing flexible packaging material and haircare productsfor manufacturing flexible packaging material and haircare products. ...
Tags: Henkel, Packaging Material, flexible packaging material
Swiss food company Nestlé has reported an 8.9% increase in profit to CHF 5.1bn ($5.2bn) for the first half of 2012, compared to CHF4.7bn ($4.8bn) in 2011, helped by higher pricing and strong demand from emerging markets. Sales ...
HOUSTON - Bedding retailer Mattress Firm said sales jumped more than 50% in the quarter ended Oct. 30 due largely to acquisitions and store openings. Same-store sales, however, also rose 6.6% in the quarter as the company continued to ...
Tags: Bedding, Mattress Firm, Mattress
US-based food distribution company,Nash Finch,has reported a net loss of$84.97m for Q2 2012,compared to a net profit of$10.05m for the same quarter of fiscal 2011. The company's total revenues for the second quarter of fiscal 2012 ...
Tags: net loss, net profit, total revenues
Principal Financial has signed a definitive agreement to acquire 100% of Chile's AFP Cuprum for $1.51bn, in an effort to widen its presence in emerging markets. The deal involves sale of 63% ownership in Cuprum held by Empresas Penta and ...
Tags: Principal Financial, Chile's AFP Cuprum, publicly traded shares
US-based foodservice equipment company Middleby has acquired Stewart Systems Global, a manufacturer of baking systems for the food processing industry. Stewart Systems Global, based in Texas, US, specializes in the production of highly ...
Tags: foodservice equipment company, baking systems, food processing industry
Dubai's Drake & Scull International has signed three contracts valued at a total AED 149 million for projects in Qatar and India. The firm signed two mechanical electrical and plumbing contracts in Qatar one for a AED 55 million hotel ...
Tags: water power operations, Goldman Sachs, wast water treatment
The Lubrizol, a specialty chemical company, has entered into an agreement to acquire Spain-based Lipotec, a developer of personal care ingredients. Under the agreement, Lipotec will take over cosmetic active ingredients business and its ...
Tags: personal care ingredients, personal care products and pharmaceuticals
SAP has turned heads in recent years with a number of high-profile acquisitions, scooping up SuccessFactors, Sybase and Ariba for more than $13 billion collectively. But company executives also maintain they intend to increase revenues ...
Tags: SAP, commercial product, SuccessFactors, Sybase, Ariba
California-based financial holding firm Versant International has completed the acquisition of Mamma's Best, an organic natural foods company based in Irvine, California. Mamma's Best produces organic barbeque sauces, marinades, soups and ...
Tags: organic natural foods company, organic barbeque sauces, marinades, soups
US food company Hillshire Brands plans to focus on core brands, pursue acquisitions, and introduce new products, in order to achieve profitable growth over the next three years. The company outlined its strategic growth plans at a ...