Ever more Taiwanese hand tool makers have ventured into the development of digital tools to secure sustainable growth, thanks to the nudging by ITRI.Development of digital tools has been regarded as one of Taiwan's hand tool industry's ...
Nippon Paper Industries has signed an agreement with US based timber company Weyerhaeuser to acquire liquid packaging board business for $285m in cash. Under the terms of the deal, Nippon Paper will acquire Weyerhaeuser's mill located in ...
Tags: packaging board, Paper Industries
Nikola Motor Company founder and CEO Trevor Milton announced that the company received $2.3bn in reservations in the first month. This adds up to more than 7,000 truck reservations with deposits. The company announced last month that it ...
Volkswagen has adopted a new strategy to become a lead in sustainable mobility by bringing out more than 30 new e-vehicles by 2025. In order to achieve these goals, the Board of Management - with the approval of the Supervisory Board - ...
Tags: Volkswagen, pact for the future, BEVS
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
UK based packaging maker RPC Group has agreed to acquire packaging firm British Polythene Industries (BPI) in a deal worth about £261m ($379m). Under the terms of the deal, each shareholder of BPI will receive 470 pence in cash and ...
Tags: Polythene Industries, packaging
Australian food manufacturing firm Patties Foods has accepted a $232m acquisition bid made by a private equity firm. Earlier this week, the company said it was approached by Pacific Equity Partners (PEP) with a takeover offer of $1.65 per ...
US-based diversified holding company HC2 Holdings has made an offer to buy agricultural company Andersons for $1bn in cash. The offer, which was made through a letter, valued Andersons' shares at $37 per share, a 43% premium on closing ...
Tags: HC2 Holdings, ethanol, rail sectors
Specialty label and packaging solutions provider CCL Industries has agreed to acquire privately held companies Eukerdruck and Pharma Druck CDM (Euker) for approximately $31m including its debt. The two companies have common shareholders ...
Tags: CCL Industries, packaging
Following Fonterra’s recent announcement that it plans to introduce a market-linked organic milk price for its organic milk farmers, the Co-operative has forecast an opening market-linked organic milk price of $9.20 per kg milk solids ...
Powertrain components supplier Dana is planning to invest about $70m in a new axle manufacturing facility in Toledo, Ohio, US. The company aims to expand a recently built 100,000 square foot facility on the property to about 300,000 ...
Tags: Powertrain, Dana
Petainer UK Holdings has completed the transaction with KKR Credit for a €100m debt and equity investment. The funding from KKR Credit is being used to refinance the Company's capital structure and also finance the implementation of ...
Tags: KKR Credit, Petainer
For full-year 2015, Riber S.A. of Bezons, France, which manufactures molecular beam epitaxy (MBE) systems as well as evaporation sources and effusion cells, has reported revenue of €12.8m, down 23% on 2014's €16.6m. This is due ...
LED chip and component maker SemiLEDs Corp of Hsinchu, Taiwan has effected a one-for-ten reverse stock split of its outstanding common stock. The reverse stock split was approved by the board of directors on 7 January and by shareholders ...
Tags: SemiLEDs
At the SPIE Defense + Commercial Sensing (DCS 2016) event in Baltimore, MD, USA (17–21 April), Sofradir of Palaiseau near Paris, France, which makes cooled infrared (IR) detectors based on mercury cadmium telluride (MCT/HgCdTe), ...