Food and engineering group Carr’s has sold its flour milling business to Whitworths Holdings for £36m. Carr’s said that the disposal of its food division will enable it to increase focus on its growing agriculture and ...
Packaging Corporation of America (PCA) has acquired all the assets of independent corrugated products provider TimBar for $386m. TimBar provides solutions to customers in the higher margin retail, industrial packaging, and display and ...
Skyworks Solutions Inc of Woburn, MA, USA (which manufactures analog and mixed-signal semiconductors) says that Kris Sennesael has joined it as senior VP & chief financial officer. Sennesael was most recently chief financial officer for ...
Tags: Skyworks, Kris Sennesael, senior VP&chief financial officer
Pentair acquired the Valves & Controls business in 2012 through an all-stock merger with the Flow Control business of Tyco International Ltd. Randall Hogan, Pentair chairman and CEO, said: “We expect this transaction to provide ...
Tags: Pentair, Emerson, Valves&Controls business
Neenah Paper has reported 2016 second quarter results. Second Quarter Highlights Revenues of $246.0 million increased 16 percent with organic and acquisition-driven growth.Operating income grew 22 percent to $33.9 million ($35.3 million ...
Tags: Neenah Paper, year-on-year results, SG&A
VAI, a ERP software provider, announced that Joshen Paper & Packaging, an Ohio-based distributor of packaging and paper supplies, is continuing to enhance operations with VAI’s Suggested Purchasing solution, which helps the company ...
Tags: Joshen Paper&Packaging, packaging, paper
Glatfelter reported second-quarter 2016 net income of $2.0m, or $0.04 per diluted share compared with $2.8m or $0.06 per diluted share in the second quarter of 2015. Adjusted earnings for the second quarter of 2016 were $2.8 million, or ...
Tags: Glatfelter, Specialty Papers
In a trading statement for first-half 2016, epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK says that it expects to deliver a significant increase in revenues and profits compared with first-half 2015 and continues to ...
Tags: IQE, epiwafer foundry
Emcore Corp of Alhambra, CA, USA – which provides indium phosphide (InP)-based optical chips, components, subsystems and systems for the broadband and specialty fiber-optics markets – has completed its strategic review and will ...
Tags: Emcore Corp, optical chips
Packaging Corporation of America has signed an agreement to acquire independent corrugated products producer TimBar for $386m. As per the terms of the deal, PCA will acquire TimBar's five corrugated products plants, two fulfillment ...
Tags: corrugated products, Packaging
Smith & Wesson Holding Corp. reported revenues rose 22 percent in its fourth quarter ended April 30 and earnings that easily topped Wall Street expectations. ADVERTISEMENT >Fourth Quarter Fiscal 2016 Financial Highlights Quarterly net ...
Global investment firm KKR is set to buy 10.4% stake in Indonesia-based agri-food company Japfa for $81.2m. As part of the deal, Japfa will place 750 million new shares to KKR via a private placement at about $52.9m. Concurrent with the ...
Tags: Japfa group, agri-food
Under Armour Inc. reported revenues in the first quarter increased 30 percent in the first quarter of 2016 to $1.05 billion compared with net revenues of $805 million in the prior year's period. Wall Street's average expectation was $1.04 ...
Tags: Under Armour, Revenues
Pacific Sunwear of California, Inc. entered into a restructuring support agreement (RSA) with affiliates of Golden Gate Capital, the holder of its secured term loan provider under the company's financing facilities. In conjunction with the ...
Tags: Pacific Sunwear, RSA, Golden Gate Capital, Bankruptcy
HanesBrands has agreed to acquire the privately held Italian company Champion Europe, which owns the trademark for the Champion brand in Europe, the Middle East and Africa, in an all-cash transaction. The purchase price will be 10 times ...
Tags: Champion Europe, Hanesbrands, EBITDA