Ratos has signed an agreement to acquire approximately 67% of the shares in the Finnish LED optics company Ledil Oy from the company's founders. The purchase price (enterprise value) for 100% of the company amounts to EUR 97m, of which ...
Tags: LED lighting, LED optics company, Lights
A major bright spot of China-Australia free trade agreement is that the Australian trade ministry will bring Australian domestic dairy tariff-free opportunities to enter the Chinese market in next four years.If the China-Australia free ...
Tags: Dairy Imports, Imports
Daimler AG has signed an agreement with AkzoNobel Performance Coatings making the company one of the approved suppliers of vehicle refinishes to Daimler dealerships and approved bodyshops worldwide. The contract covers the supply and ...
Tags: vehicle refinishes, Construction
Orkla has agreed to divest its confectionery producer OJSC Orkla Brands Russia to Slavyanka-Lyuks JSC, a member of the Russian confectionery group Slavyanka. The agreement signed will require the company to sell 100% of its shares in ...
Tags: confectionery, Agriculture
Coffee and tea producer Keurig Green Mountain has entered into a multi-year licensing, manufacturing, and distribution agreement with Community Coffee Company. Under the agreed terms, the partners will bring Community Coffee in Keurig ...
Tags: Coffee, hot brewing systems, Agriculture
Australia-based Accolade Wines has agreed to acquire Grant Burge Wines in Barossa for an undisclosed amount. An agreement to this effect was signed by the two companies. The acquisition, which is subject to certain third-party ...
Tags: Wines, Grant Burge, Agriculture
Finland-based paper and packaging company Powerflute has acquired core and coreboard manufacturer Corenso for €102.3m. Powerflute had previously announced that it would invest around €81m in the acquisition. However, the ...
Bosch Packaging Technology will be acquiring 49% share in India-based Klenzaids to extend its global reach, particularly in liquid pharmaceuticals and packaging machines for clean-room environments. The joint venture is being planned in ...
Cooper Tire & Rubber Co. will sell its 65% ownership in Cooper Chengshan (Shandong) Tire Co. Ltd (CCT) to Chengshan Group Co. Ltd. for approximately $262 million. “Resolving the ownership of CCT has been a key goal for us, and we ...
Tags: Cooper Tire, Cooper-branded products, Auto
The firm was eyed by Rubie’s for its ‘independent and profitable business model’ with ‘considerable potential for further growth.’ Fancy dress specialist Rubie’s Masquerade has acquired the family-owned ...
Global beverage giant The Coca-Cola Company has made a deal with South African multinational brewing and beverage company SABMiller to acquire its Appletiser drinks brands on a worldwide basis, and acquire or be licensed rights to a further ...
Tags: Coca-Cola, Sabmiller, Agriculture
BASF Group company Wintershall is continuing its growth course in Norway. By acquiring shares in the production fields Gjøa (5%) and Vega (24.5%), Wintershall is increasing its production in Norway from about 40,000 barrels of oil ...
Tags: Statoil, Wintershall, Construction
The government of the Japanese city of Ueda in collaboration with the Shinshu University has launched an academic project to develop high-performance silk with threads derived from genetically engineered spiders and silkworms. According ...
Tags: Silk Thread, Textile
Smith & Wesson Holding Corporation has signed a definitive agreement to acquire Battenfeld Technologies, Inc., an industry-leading provider of hunting and shooting accessories. The acquisition, which is expected to be accretive to Smith & ...
Tags: hunting, shooting accessories, Recreation
American multinational company Berkshire Hathaway has signed a franchise agreement with US-based food company Bajco Group to open close to 20 Dairy Queen fast food brand outlets in UAE next year. Under this agreement, Berkshire Hathaway ...
Tags: Dairy Queen, fast food brand, Agriculture