UK-based RPC Group will acquire French closures and dispensing systems manufacturer GCS Group for €650m in a bid to bolster its position in European plastic packaging market. RPC proposes to fund the acquisition by combining ...
Tags: RPC Group, plastic packaging, GCS Group
The North American coal industry remains negatively positioned for 2016 with thermal coal facing a slow, long-term decline and metallurgical coal prices unlikely to recover within the next 12 months, a Moody's Investors Service note said ...
In response to the shift in the lighting market toward semiconductor-based technologies creating new growth opportunities, lighting company Osram GmbH of Munich, Germany says that it is to invest about €3bn in new technologies and ...
Tags: Osram, Lighting, Opto Semiconductors
Orion Energy Systems, a leading designer and manufacturer of high-performance, energy-efficient lighting platforms, today announced financial results for its fiscal 2016 first quarter ended June 30, 2015, highlighted by strong LED sales and ...
Tags: Orion Energy Systems, energy-efficient lighting, LED lighting
German lighting giant Osram announced it will be spinning off its general lighting business including general LED lighting into an independent company. Osram Lamp According to the company statement: “This business includes the ...
Tags: Osram, LED lighting, general lighting
For third-quarter 2015, specialty metal and chemical products firm 5N Plus Inc of Montreal, Québec, Canada has reported revenue of $68.7m, down on $114.4m a year ago, negatively impacted by continuing erosion in relevant underlying ...
Tags: chemical products, metal
For third-quarter 2015, NeoPhotonics Corp of San Jose, CA, USA (a vertically integrated designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for high-speed communications networks) has reported ...
Tags: NeoPhotonics, hybrid photonic
US-based packaged food company ConAgra Foods has signed an agreement to sell its private label operations to TreeHouse Foods for $2.7bn in cash, which excludes transaction expenses. Under the agreement terms, ConAgra Foods will sell ...
Tags: ConAgra Foods, TreeHouse Foods
US-based food company B&G Foods has completed the acquisition of frozen and canned vegetable Green Giant and Le Sueur brands from General Mills for $765m in cash. The deal also covers inventory adjustment at closing worth $58m. B&G ...
Tags: B&G Foods, General Mills
The European Commission is seeking comments on whether the shareholding of Netherlands-based commodities trading group Trafigura in Belgium-based zinc and lead producer Nyrstar amounts to the company taking "de facto sole control" of ...
For third-quarter 2015, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $140.7m, up 51% on $93.3m a year ago although up only 7% on $131.4m last quarter (which was the ...
Tags: LED market, LCD TVs
For third-quarter 2015, deposition equipment maker Aixtron SE of Herzogenrath, near Aachen, Germany has reported revenue of €54.6m, up 35% on €40.4m last quarter and up 19.7% on €45.6m a year ago due to increased scheduled ...
Tags: Aixtron, lighting market
Irish food ingredients company Kerry Group has acquired three U-based companies Red Arrow Products, Island Oasis and Biothera Inc’s Wellmune for $735m, a move that will usher the company’s growth in nutritional solutions market. ...
Dialog Semiconductor (XTRA: DLG) and Atmel Corporation (NASDAQ: ATML) announced today that Dialog has agreed to acquire Atmel in a cash and stock transaction for total consideration of approximately $4.6 billion. The acquisition creates a ...
Tags: Dialog Semiconductor, Atmel, Acquisition
Pinnacle Foods reported its financial results for the second quarter ended June 28, 2015 and raised its guidance for full-year adjusted diluted earnings per share to $1.89 to $1.91, representing the high end of its previous $1.86 to $1.91 ...
Tags: Pinnacle Foods, Grocery, Foods