Last week, Faerch Plast announced its arrival in Australia. This week it has announced its acquisition of Anson, a manufacturer of thermoformed packaging solutions. The acquisition takes place just a year after private equity fund EQT VI, ...
Tags: Faerch Plast, Packaging
The U.S. Senate Finance Committee passed legislation Wednesday evening that wlil give President Obama trade promotion authority, or TPA, a necessary step for his administration to conclude negotiation of the Trans-Pacific Partnership (TPP). ...
Tags: Sporting Goods, Recreation
In late March, on the 10 hectare former airstrip at the Gatton campus of The University of Queensland in Brisbane St Lucia, the 3.275MW Gatton Solar Research Facility (the state's largest solar array) was officially opened by Industry and ...
Tags: First Solar, Queensland, PV System
European packaging company Faerch Plast has acquired Cambridgeshire-based Anson Packaging that specialises in producing thermoformed packaging solutions for the UK market. Although the details of the transaction were not revealed, ...
Tags: packaging company, Faerch Plast, Packaging
Italian fashion retailer Benetton said it has contributed an additional $1.1 million to the Rana Plaza Trust Fund, doubling the sum recommended in an independent assessment of its contribution by PwC. “This payment of $1.1 ...
Tags: fashion retailer, Benetton, Apparel
China-based Hanergy Thin Film Power Group Ltd and the Huangpi District People's Government in Wuhan City have entered into an investment cooperation agreement to construct a gallium arsenide (GaAs) thin-film solar cell R&D and manufacturing ...
Tags: Solar Cells, gallium arsenide
Swiss food major Nestle is reportedly engaged in advanced level talks to sell its frozen food unit Davigel to Brakes Group, which is owned by Massachusetts based buyout fund Bain Capital. A person familiar with the situation told ...
Tags: Nestle, Brakes Group
Philips originally planned to spin off its wholly-owned subsidiary Lumileds and automobile lighting business to make them an independent company by the end of the first half 2015. But on March 31, Philips announced a deal to sell a 80.1% ...
Tags: Philips, Lumileds, automobile lighting
RPM International Inc. has reported record sales for its fiscal 2015 third quarter ended February 28, 2015, but incurred an as-reported loss for the quarter due to a one-time, non-cash net charge for a tax accrual related to the possible ...
Tags: RPM International, record sales
The government has assured the textile industry that it will soon resolve the issue of pending claims under its technology upgradation scheme, according to media reports. The Textile Upgradation Fund Scheme (TUFS) is an interest ...
Tags: Textile Minister, TUFS Mess
Chinese investors are allowed to subscribe for new shares from 30 companies this week, according to the country's initial public offering (IPO) schedule. Among those companies, 11 will be listed in the Shanghai Stock Exchange, 2 in the ...
Tags: Chinese investors, Subscriptions, Service
Private equity firm Fanisi Capital has invested $2.1m in a Kenyan food company European Foods Africa Limited (EFAL) to expand its investment footprint across East Africa’s food processing sector. The food company will use this fund ...
General Motors (GM) is looking to boost production of sport-utility vehicles (SUVs) with a $1.3bn expansion at its Arlington assembly plant in Texas, US. The company intends to add 1.2 million ft2 of space to the existing facility over ...
Indian government has decided to set up 800 SFURTI (Scheme of Fund for Regeneration of Traditional Industries) clusters with an investment of Rs 850 crore by March 2017 to boost khadi and village industries, according to media reports. ...
Patagonia, through its $20 Million & Change venture fund, announced a strategic investment in Beyond Surface Technologies, a chemical company focused on producing high-performance textile treatments based on natural raw materials. In its ...