Toumaz has said in a trading update for the year ended 31 December 2012 that EBITDA loss will be in the region of £10.9m compared with a loss of £6.1min 2011. "The increase in costs resulted from increased investment in new ...
Tags: Toumaz, loss, Radio Business, company news
The Chinese paint, coatings and ink markets continue to enjoy strong growth, and global suppliers are working hard to reach this ever-expanding market. It comes as no surprise that CHINACOAT (The China International Exhibition for Coatings, ...
GE Lighting is a division of General Electric headquartered in Nela Park, East Cleveland, Ohio, employing 17,000 people and tracing its origins to Thomas Edison's work on lighting. In 1911 GE was found to have acquired three quarters of ...
Tags: GE Lighting, Lighting Brands, LED
US baker Flowers Foods has reached an agreement with Hostess Brands to acquire its Wonder, Nature's Pride, Merita, Home Pride and Butternut bread brands for around US$360m. Flowers has emerged as the "stalking horse" bidder that, if the ...
Tags: US, baker, Flowers Foods, Hostess Brands
Dell, the world's third-biggest PC vendor, is in talks that could see it taken over by private equity, according to reports. However, discussions with TPG Capital and Silver Lake are currently at a preliminary stage and financing has ...
Tags: Dell, PC, takeover, private equity
US baker Flowers Foods has reached an agreement with Hostess Brands to acquire its Wonder, Nature's Pride, Merita, Home Pride and Butternut bread brands for around US$360m. Flowers will also take on 20 of Hostess' bakeries and ...
Tags: US, baker, Flowers Foods, Hostess Brands
Brazilians meat firm JBS expects to complete the acquisition of key XL Foods assets within a week, and is seeking regulatory approval to handle the stricken Canadian group's US operations. JBS said today (10 January) it expects to ...
Tags: Brazil, JBS, meat firm, acquisition, XL Foods
October 17, 2012 - Wesco International, through a wholly owned subsidiary, has entered into a definitive agreement to acquire EECOL Electric Corp., headquartered in Calgary, Alta., and various affiliated companies for a purchase price of ...
Tags: EECOL Electric, electrical equipment, EECOL, Electric
WesTech Engineering Inc is reintroducing the Microfloc and General Filter brands to the municipal water treatment market after acquiring them from Siemens last year. "The Microfloc and General Filter brands are extraordinarily ...
Tags: municipal water treatment, product lines, Siemens, equipment
Spurbe is an online retailer focused solely on offering a wide variety of men apparel from the hottest brands worldwide. Founded in 2011, the company has immediately earned its good name and managed to build an impressive client database ...
Tags: Online apparel, men apparel, fashion brands, jeans
The Taiwan-based solar supply chain is likely to enter a period of consolidation. For upstream material providers, consolidation between downstream customers may create pressure on their costs. Digitimes recently sat down with Chi-jen Chen, ...
Tags: solar industry, solar supply chain, solar, solar materials
Cantel Medical Corp’s Mar Cor Purification subsidiary is expanding its water purification and filtration segment by acquiring the assets of Pennsylvania-based Eagle Pure Water Systems Inc. Eagle Pure Water provides water treatment ...
Tags: Mar Cor Purification, Cantel Medical Corp, water purification
Analysts at Experian believe that overseas investment will maintain the momentum of mergers and acquisitions in the UK food sector. Last year saw the highest volume of mergers and acquisitions (M&A) in the UK food and drink sector since ...
Tags: UK, food sector, overseas investment, mergers and acquisitions
Morrisons today (7 January) hinted that an announcement regarding its long-awaited launch into online retail could be nearing. The supermarket operator, which earlier this morning booked a 2.5% drop in like-for-like sales in the quarter ...
Tags: Morrisons, announcement, online retail, supermarket operator
US-based Lake Norman Benefits has acquired employee benefits practice from Aquesta Bank and its wholly owned subsidiary, Aquesta Insurance Agency, for an undisclosed sum. Commenting on the deal, Lake Norman Benefits president and CEO ...
Tags: Lake Norman Benefits, Aquesta Bank, employee benefits practice