US confectioners Farley's & Sathers and Ferrara Pan Candy Co. have merged, the companies have announced. Farley's & Sathers' owner, the private-equity firm Catterton Partners, will hold a majority stake in the new confectioner, which will ...
Tags: Farley's, Ferrara, candy firms, merge
Arla Foods is to start producing Anchor butter in the UK next month. The dairy group said it would begin manufacturing Anchor block butter at a production site in Westbury in the UK. "Bringing production of Anchor to the UK is part of ...
Tags: Anchor butter, Arla Foods, dairy group, Food
German auto-parts maker and engineering firm Bosch has acquired US-based automotive diagnostics proider, SPX Service Solutions for $1.15bn. The deal is expected to strengthen the company's position in workshop and repair business across ...
Tags: auto-parts maker, engineering firm, automotive diagnostics proider
Mitsubishi Heavy Industries Ltd and Hitachi Ltd agreed to merge energy equipment businesses with combined sales of JPY 1.1 trillion (USD 13 billion), deepening ties between two of Japan's largest industrial manufacturers. Mitsubishi will ...
Tags: Mitsubishi, Hitachi, combined, merge energy equipment, gas turbines
Two major recycling organizations in North America, The National Recycling Coalition (NRC) and Recycling Organizations of North America (RONA,) plan to merge into a single entity that will be known as the North American Recycling Coalition. ...
Tags: Recycling Coalition, materials management system, draft
Tower Group has reported net loss of $15.1m, or $0.39 per diluted share attributable to common shareholders in the second quarter of 2012, against a net income of $24.12m, or $0.58 per share during the same period last year. Operating ...
Tags: Tower Group, common shareholders, net income, diluted share
The Food Allergy&Anaphylaxis Network(FAAN)and the Food Allergy Initiative(FAI)have announced the completion of their merger,resulting in the formation of a new organization that will be dedicated to food allergy research. The new ...
Tags: FAAN, merger, food allergy
Taiwan-based Delta Electronics and Neo Solar Power (NSP) held a joint press conference to announce the plans on NSP buying 13-15% of shares of DelSolar, the solar subsidiary of Delta, starting at November 20 to December 14, 2012. Delta ...
Tags: Neo Solar Power, DelSolar
Swedish-Danish cooperative Arla Foods is set manufacture of Anchor block butter at the production facility in Westbury,UK,boosting the company's butter production in the country. This move is a part of Arla's strategy to move Anchor ...
Tags: butter, production facility, packs
NCR Corporation announced a definitive agreement for NCR to acquire Retalix Ltd., a leading global provider of innovative retail software and services, for a cash purchase price of $30.00 per Retalix share, implying a transaction value of ...
Tags: NCR, acquisition, Retalix Ltd., retail software
Weifang of Shandong Province is a city famous for its traditional handicrafts and also for its kites. In 1984, the First International Kite Festival was held here. In 1988, Weifang was elected "the Capital of Kites of the World." Then, in ...
Tags: kites, Weifang, handicrafts
European plastic pallet manufacturers Cabka and Innova Packaging System (IPS) have merged under the newly-founded Cabka Group, in a bid to improve their market positions. According to IPS, the Cabka and IPS labels will remain intact, ...
Medmarc Insurance (Medmarc) has signed an agreement to merge into ProAssurance for a $153.7m, all cash, sponsored demutualization that will provide Medmarc's eligible Members with cash payments of $146.2m and future policy credits of $7m. ...
Tags: Medmarc Insurance, merger, ProAssurance, insurance
US insurance brokerage firm Capacity Coverage Co and Transpo Insurance have inked a merger agreement, in accordance with which both firms will merge with and into each other and form a new company, named as TransCap Insurance Agency. As ...
Tags: Capacity Coverage, Transpo Insurance, merger, ransCap Insurance Agency
Italian insurer Fondiaria-Sai is prepared to go ahead with initial plans to merge with Unipol Gruppo Finanziaria, together with its parent company, Premafin Holding di Partecipazioni and its subsidiary Milano Assicurazioni. Fondiaria-SAI ...
Tags: Fondiaria Sai, Unipol Gruppo Finanziaria, merger, initial plan