Last Friday, Qualcomm Inc. announced that it has signed a definitive agreement to sell Omnitracs to Vista Equity Partners to the tune of $800 million in cash. It's a big price tag for a telematics solution and, if anything, signals that ...
Tags: Telematic, Transportation, Auto Parts
US-based food company HJ Heinz is evaluating plans to cut about 250 jobs in the UK and Ireland, as part of an effort to restructure its business. This move comes after comes after the sale of the company to an investment consortium ...
Egyptian miner, Asec, has posted EGP17.8m ($2.5m) in net losses in the first six months of 2013, compared with net losses of EGP15.2m ($2.1m) in the same period last year, Ahram has reported. Pre-tax financial results of the first six ...
Tags: Construction
Vacuum and exhaust- abatement equipment maker Edwards Ltd of Crawley, UK and Atlas Copco Group, a Sweden-based provider of industrial productivity solutions, have entered into a definitive merger agreement in a transaction valued at up to ...
Tags: Electrical, Electronics
US-based Campbell Soup has announced that it is in final and exclusive negotiations for the potential divestment of its business in Europe to CVC Capital Partners (CVC), a leading UK-based private equity firm. Campbell Europe, ...
Tags: Campbell Soup, European Operations
Private equity investment firm Hellman & Friedman has agreed to purchase the US-based insurance brokerage firm Hub International from Apax Partners in London, in a deal valued at nearly $4.4bn. It is believed that Apax, a private equity ...
US-based Campbell Soup has acquired baked snacks producer Kelsen Group from Maj Invest, a Danish private equity firm, and several other investors. Kelsen, based in Narre Snede, Denmark, is a producer of baked snacks that are sold in 85 ...
Tags: Campbell Soup, Baked Snacks
TreeHouse Foods has entered into an agreement to acquire Associated Brands, a leading North American manufacturer of private label powdered drinks, specialty teas and sweeteners, from TorQuest Partners and other shareholders in a C$187m ...
Tags: TreeHouse Foods, drinks
Arsenal Capital Partners, a leading New York-based private equity firm that invests in middle-market specialty industrial and healthcare companies, today announced it has completed the acquisition of ADCO Global Inc. (ADCO Global), a ...
Tags: Construction, adhesives, sealants
First Solar Inc of Tempe, AZ, USA, which makes thin-film photovoltaic modules based on cadmium telluride (CdTe) as well as providing engineering, procurement & construction (EPC) services, has acquired a pipeline of US and Mexico ...
Tags: Solar, Electrical, Electronics
Bahrain-based private equity firm Investcorp has agreed to acquire UK-based producer of premium crisps Tyrrells from Langholm Capital for £100m. Established at Tyrrells Court Farm, Herefordshire in 2002, Tyrrells is a producer of ...
UK-based pork products supplier Karro Food has secured a new £60m funding from finance firm GE Capital to invest further in its operations and strengthen its presence in the market. This development comes after Karro Food carried ...
Tags: Pork Processor, Karro Food
Arsenal Capital Partners, a leading New York-based private equity firm that invests in middle-market specialty industrial and healthcare companies, has completed the acquisition of ADCO Global Inc., a leading global provider of specialty ...
Tags: Construction, Decoration
Koenig & Bauer (KBA) has announced the acquisition of over 85% of screen printing machines supplier Kammann Maschinenbau in Bad Oeynhausen, Germany for an undisclosed value. The previous Munich-based majority shareholder, a private equity ...
Tags: Printing Machines, KBA
Indonesia-based food firm PT Tiga Pilar Sejahtera Food (TPSF) has entered into an agreement with private equity firm KKR to sell approximately 9.5 % stake in the company to certain funds advised by KKR Asset Management for an undisclosed ...