Clariant announced the closing of the sale of its Textile Chemicals, Paper Specialties and Emulsions businesses to SK Capital. Starting October 1, 2013, the three former Clariant businesses are now operating under the name Archroma. After ...
Tags: Clariant, Paper Specialties
Volkswagen Group Australia (VGA) managing director John White has confirmed he is implementing a “new strategy” for the brand that aims at achieving a consistent sales performance though “trying to be more competitive ...
Tags: Volkswagen
Canada-based Maple Leaf Foods is hopeful of closing sale of Rothsay, its rendering and biodiesel business, to Darling International of Irving, Texas for C$645m on 28 October. Rothsay is the leading rendering company in Canada and a ...
Tags: Maple Leaf Foods, Food
On 30 September 2013, GPG announced the sale of its entire shareholding (33.6%) in TOWER Limited for £60.7million (NZ$118.3 million). TOWER Limited represented the last material investment for GPG (excluding Coats) and the imminent ...
All-stock transaction creating a new company as a merger of equals with combined market capitalization of approximately US$29 billion (¥2.8 trillion) Accelerates development of breakthrough products to address future technology ...
Tags: Applied Materials, Tokyo Electron
Sterling Group Partners III, an affiliated investment fund of The Sterling Group, has acquired ROM and Specialty Manufacturing (SMI), which are owned and independently operated and financed by Century Park Capital Partners. The ...
Tags: Sterling Group, Auto Parts
Pinacle Enterprise, a publicly traded health and technology holding company, has completed the due diligence associated with the previously announced agreement to acquire Xtreme Technologies, a developer and holder of worldwide rights and ...
Tags: Xtreme Technologies, Food
Loves & Quiches, a dessert wholesaler, has selected Vormittag Associates' (VAI) enterprise resource planning (ERP) software, VAI S2K Enterprise, to manage its manufacturing processes and improve overall food safety controls. Headquartered ...
Pinnacle Foods has completed the acquisition of Wish-Bone and Western dressings brands from Unilever for $575m in cash. Subject to a customary post-closing inventory adjustment, the deal was financed through a combination of cash on hand ...
Golden State Foods (GSF), a US-based food processor and distributor, has purchased KanPak US, a supplier of beverages and desserts for the quick service restaurant (QSR) and retail industries, for an undisclosed amount. KanPak is a ...
Tags: Golden State Foods, KanPak
Campbell Soup has agreed to sell European simple meals business to UK private equity firm CVC Capital Partners (CVC). The €400m deal includes Campbell's national brands of soups, sauces and simple meals, including Liebig and Royco in ...
Tags: Campbell Soup, simple meals
BASF announced that its U.S. affiliate, BASF Corporation, is commencing a tender offer for the acquisition of Verenium Corporation, San Diego, California, at a cash offer price of US$4.00 for each Verenium share. The offer period is ...
Joe’s Jeans Inc. announced it has completed the acquisition of Hudson Clothing Holdings, Inc., a leading global designer and marketer of women’s and men’s premium branded denim apparel. “We are very pleased to have ...
Tags: Hudson Clothing, Apparel
JSW Steel has officially acquired HeidelbergCement India's grinding plant in Raigad, Maharashtra, for an undisclosed sum. The acquisition was initially announced in May 2013 and the two companies signed the Business Transfer Agreements on 5 ...
Tags: Grinding Plant, Construction, Decoration
Editor's note: The following blog was written by James Moore, owner of?Moore's Bicycle Shop in?Hattiesburg,?Miss. Moore is the new president of the National Bicycle Dealers Association. When I opened my bike shop in 1984 an eight-year-old ...
Tags: Transportation, bike