Unilever has agreed to divest its South African spreads business to Remgro as part of a ZAR11.9bn ($900m) worth deal with the investment firm. Under the terms of the agreement, Unilever will buy Remgro’s 25.75% stake in Unilever ...
Tags: Unilever, food, personal care products
Premium Brands, a producer, marketer and distributor of branded specialty food products has acquired 100% of Ontario-based Leadbetter Foods. Leadbetter has annual sales of approximately $55 million and is one of Ontario's leading ...
Tags: Leadbetter Foods, Premium Brands
NeoPhotonics Corp of San Jose, CA, USA (a vertically integrated designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for high-speed communications networks in telecom and data-center applications) ...
Flexible packaging firm ProAmpac has acquired US-based PolyFirst Packaging for an undisclosed sum. Based in Wisconsin, PolyFirst Packaging is engaged in the production of printed/customized roll stock and various types of plastic pouches ...
Shareholders of Refresco Group have approved the acquisition of Cott's bottling activities for $1.25bn in cash. The deal is anticipated to close in the fourth quarter of this year subject to certain closing conditions and regulatory ...
Tags: Refresco Group, bottling
Packaging Corporation of America (PCA) has agreed to purchase all assets of Sacramento Container and acquire 100% membership interests of Northern Sheets and Central California Sheets for $265m. As per the agreement, PCA will take over ...
Tags: Packaging, Sacramento Container
Flexible packaging firm ProAmpac, part of the Pritzker Group Private Capital portfolio of companies, has completed the acquisition of Clondalkin Flexible Packaging Orlando from Holland’s Clondalkin Group. The companies did not ...
Tags: Flexible Packaging, Packaging
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 completed the sale of the 280MWAC ...
Tags: First Solar, cadmium telluride
Naturally Splendid Enterprises has executed a definitive agreement with Prosnack Natural Foods and and iCream Capital to acquire 100% of Prosnack. Prosnack is a Canadian company based in North Vancouver. Under the terms of its agreement ...
Tags: Natural Foods
Canadian packaging company Intertape Polymer has reported a 4.3% increase in its revenue to $210.2m for the second quarter of 2017, compared to $201m for the same period last year. The company's gross profit fell from 25.7% to 22.5% from ...
Tags: packaging, Intertape Polymer
For second-quarter 2017, POET Technologies Inc of San Jose, CA, USA — which has developed the proprietary planar optoelectronic technology (POET) platform for monolithic fabrication of integrated III-V-based electronic and optical ...
Tags: POET Technologies, sensors
Luna Innovations Inc of Roanoke, VA, USA (which makes high-speed optoelectronics and fiber-optic test products for the telecoms industry and distributed fiber-optic sensing for the aerospace & defense and automotive industries) has agreed ...
Tags: Optical Receivers, optoelectronics
For second-quarter 2017, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $115.1m, up 22% on $94.4m last quarter and up 53% on $75.3m a year ago. However, this includes ...
Sappi has reported a net profit of $58m for this financial year’s third quarter, compared to $32m for the same period last year. For Q3, its earnings per share stood at $0.11, excluding special items. Sappi had also reduced its debt ...
Tags: Sappi
For fiscal fourth-quarter 2017 (ended 1 July), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $149.4m (split about 50:50 between client-side/datacoms ...