St. Louis-based Post Holdings has posted results for the first quarter of 2015, recording net sales of $1,073.9m, an increase by 261.6%, compared to the previous year. Gross profit of the company increased $134.6m to $249.1m for the first ...
Tags: Post Holdings, potato products
Not so fast, Wright and Tornier. U.S. regulatory agencies want a few matters cleared up before deciding whether to approve the proposed $3.3 billion merger of U.S. bone-implant maker Wright Medical Group Inc. with Dutch orthopedic ...
Tags: orthopedic device, medical device
Food processing company Archer Daniels Midland (ADM) has agreed to sell 50% stake in its export terminal in Brazil to Glencore. ADM has entered into an agreement to this effect. Located in Barcarena, in the northern Brazilian state of ...
Food distributor Sysco has agreed to divest 11 US Foods distribution centers to Performance Food Group. The move is in line with Sysco's plans to win FTC approval for its proposed merger with US Foods announced in December 2013. The ...
Tags: Sysco, Performance Food Group
Blue River Dairy, a sheep milk powder producer in New Zealand, has divested its sheep milk processing plant in Invercargill to Blueriver Nutrition HK. The financial terms of the transaction, which has become effective 1 February, have ...
Tags: Sheep Milk, Blue River Dairy, milk powder
US apparel marketer, Kate Spade & Company has signed a joint venture with Walton Brown to establish a strategic network of stores across China, Hong Kong, Macau and Taiwan. The newly formed partnership will leverage the expertise of ...
Tags: Kate Spade, apparel
"By adding Family Dollar to our portfolio of brands, Dollar Tree will soon operate more than 13,000 stores in 48 states and five Canadian provinces with annual sales exceeding $18 billion,” a top Dollar Tree official said. Bob ...
Tags: business model, footprint, Apparel
Jackson Family Wines has acquired US-based family winery Siduri Wines, which produces California Pinot, for an undisclosed amount. This follows Jackson Family's acquisition of Zena Crown and Gran Moraine vineyards in Oregon's Willamette ...
Tags: winery equipment, Agriculture
Real estate investment trust company W. P. Carey has acquired a 73 automotive retail facilities located throughout the UK, net leased to Pendragon for $355m. In total the 73 properties measures around 1.6 million square foot, which is ...
Tags: motor vehicles, luxury vehicles, commercial vans, Auto
Stryker Corp. is still on the prowl for acquisitions, although it isn’t naming names, the company’s CEO told analysts this week. Kalamazoo, MI–based Stryker Corp. has been eyeing British company Smith & Nephew Plc and ...
Japanese barcode printing, labelling, and RFID solution major SATO took a majority stake in Russia-based label manufacturer Okil-Holding, JSC, a move which will strengthen its position in the BRIC region. Acquiring approximately 75% of ...
Visa Inc, the world's largest credit and debit card company, reported a better-than-expected quarterly profit on Thursday due to a good holiday season and a strengthening U.S. job market that encouraged people to spend. The company said ...
Tags: Visa, credit card, debit card
Alliant Techsystems Inc. stockholders approved Tuesday the company's proposed merger with Orbital Sciences Corp., clearing the way for the spin-off next week of its firearms and Bushnell business as a new publicly traded company called ...
Tags: Vista Outdoor, Sporting Goods
ICL, a global manufacturer of essential food products, announced that its ICL Food Specialties business unit has inked a share purchase agreement to acquire Prolactal GmbH, and its subsidiary, Rovita GmbH, collectively known as Prolactal. ...
Tags: beverage, dairy, meat industries, Agriculture
Beer company Molson Coors has agreed to divest its UK maltings business Shobnall Maltings to Malteries Soufflet, a subsidiary of Soufflet Group. The deal forms a part of Malteries Soufflet's long term strategy of entering the British ...
Tags: malt market, beer, Agriculture