A Dubai-based investment group led by businessman Mohamed Alabbar has agreed to acquire a majority stake in the Kuwait Food Company, which is known as Americana, for nearly $2.4bn. The consortium Adeptio headed by Emaar Properties PJSC ...
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
Cabela's Inc. continues to explore selling World's Most Foremost Bank (WFB) and its retailing business in separate transactions even though such a sale could hurt the performance of both businesses, the company disclosed in a government ...
Tags: Cabela's Inc, WFB, shareholder value
Chicago-based private equity firm Geneva Glen Capital (GGC) has acquired Dianne’s Fine Desserts from Superior Capital Partners for undisclosed sum. Chicago-based private equity firm Geneva Glen Capital (GGC) has acquired Dianne's ...
Tags: GGC, Dianne's Fine Desserts
Olymel L.P. is acquiring all the assets of La Fernandière, a food company in Trois-Rivières specializing in the manufacture of a wide range of sausages sold under La Fernandière brand. The announcement was made ...
The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Brakes, the largest UK food distributor, by Sysco, the largest US food distributor. The Commission found that the takeover would not adversely ...
Subject to local regulatory approvals, Hong Kong based Plantations International plans to start importing Australian "Kensington Pride" Mangoes into Indonesia says Mr. Marvin Lee, the director of communications for Plantations International ...
Stora Enso has signed an agreement to divest the key assets of its Suzhou Mill in China, including the land-use rights and buildings, to the local government of Suzhou National New & Hi-tech Industrial Development Area (SND). During its ...
Tags: Paper Mill, Stora Enso
ConAgra Foods has entered into an agreement with Platinum Equity to sell its food ingredient sourcing and distribution company JM Swank for an undisclosed sum. The sale of JM Swank is part of ConAgra's strategy to restructure its ...
Tags: ConAgra Foods, Platinum Equity
Valeo has agreed to acquire German clutch and and gear actuators maker FTE automotive from Bain Capital Private Equity for €819.3m. Subject to the approval of the European and Brazilian anti-trust authorities, the transaction is ...
Tags: Valeo, FTE Automotive
US agricultural commodities trader Cargill has entered into an agreement to acquire Five Star Custom Foods for undisclosed sum. Five Star Custom Foods is a Texas-based food company specializing in cooked protein products and custom ...
Tags: Cargill, agricultural commodities
Ferro Corporation announced it has completed the acquisition of Pinturas Benicarló (Pinturas). Ferro has acquired 100% of the equity of privately held Benicarló, Spain-based Pinturas for €15.0 million in cash, on a ...
Tags: Ferro Corporation, Pinturas
German automaker Volkswagen has invested $300m in Israeli ride hailing provider, Gett, which competes with Uber, Lyft, and Didi Chuxing. Volkswagen's investment comes months after General Motors injected $500m into privately held American ...
Tags: Volkswagen, automaker
Standard Motor Products has signed a definitive agreement to acquire General Cable Corporation's automotive ignition wire business for approximately $71m, subject to post-closing adjustments. The acquisition will include the purchase of ...
Flint Group has acquired Arkansas based American Inks and Coatings (AIC) for undisclosed amount. American Inks and Coatings is engaged in providing inks and related products for the rotogravure, flexographic packaging, and specialty ...
Tags: Flint Group, Coatings