Consolidation articles & resources on Made-in-China.com

UK's RPC Group to Buy Industrial and Consumer Packaging Firm Nordfolien

Mar 19, 2018

RPC Group, a UK-based plastic packaging solutions provider, has agreed to acquire industrial and consumer packaging firm, Nordfolien, for €75m. Nordfolien is engaged in the design and manufacturing of polythene films for industrial ...

Tags: plastic packaging

Hormel Foods Merges Specialty Foods Segment Into Grocery Products Segment

Nov 23, 2017

Hormel Foods has merged its specialty foods segment into its grocery products segment. It will continue to be led by Luis Marconi, group vice president, Grocery Products. The primary focus of the segment is on delivering a strong branded ...

Tags: Hormel Foods, Grocery Products

Veeco's Q3 Revenue Growth Driven by Continued Recovery in MOCVD Market

Nov 13, 2017

For third-fiscal 2017, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $131.9m, up 15% on $115.1m last quarter and up 54% on $85.5m a year ago, marking the first full ...

Tags: LED market, LED Lighting

SunMoon Food Deploys Oracle's Netsuite Oneworld for Global Expansion

Nov 9, 2017

SunMoon Food Company, a global distributor of fruit and food products, has implemented Oracle's NetSuite OneWorld to support its global growth, and increase overall productivity and efficiency. In just five months, NetSuite OneWorld ...

Tags: SunMoon, Food

NeoPhotonics Restructuring as It Reports Below Expected Preliminary Q3 Results After Uncertain Demand From China

Oct 10, 2017

As part of its continuing actions to improve profitability and cash flow, NeoPhotonics Corp of San Jose, CA, USA (a vertically integrated designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for ...

Tags: NeoPhotonics

Teasdale Latin Foods Purchases Rudy's Tortillas

Jul 17, 2017

Teasdale Latin Foods, which is majority owned by private equity firm Snow Phipps Group, has acquired Rudy's Tortillas, a provider of high quality tortillas and chips into the foodservice channel. Founded in 1945 and based in Carrollton, ...

Tags: Teasdale Latin Foods, foodservice

Edrington Buys out Webb's Interest in Americas Travel Retail JV

Jun 6, 2017

Scottish spirits company Edrington has taken full ownership of its Americas Travel Retail operations after agreeing to buy out its joint venture (JV) partner for an undisclosed amount. The former JV, Edrington Webb Travel Retail Americas ...

Tags: whisky

Veeco's Q1 Revenue up 21% Year-on-Year to $94.4m, Driven by LED Demand

May 9, 2017

For first-quarter 2017, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $94.4m, rebounding further from $93.6m last quarter and up 21% on $78m a year ago. This is above ...

Tags: LED Demand, LED industry

Veritiv's Net Sales Decreases in Q1 2017

May 5, 2017

Veritiv a North American leader in business-to-business distribution solutions, has announced financial results for the first quarter ended 31 March, 2017. "Our first quarter results were mixed," said Mary Laschinger, Chairman and CEO of ...

Tags: Veritiv, Packaging

Castle Brands Increases Stake in Gosling-Castle Partners

Apr 5, 2017

Spirits-marketer Castle Brands has acquired an additional 20.1% stake in Gosling-Castle Partners, a global export venture with the Gosling family. GCP holds the exclusive long-term export and distribution rights for Goslings Rum and ...

Tags: Castle Brands, Ginger Beer

Heidelberg Increases Net Result After Taxes in Third Quarter

Feb 13, 2017

After the third quarter of the 2016/2017 financial year, Heidelberger Druckmaschinen is still on course to increase its annual profit as planned. For example, during the third quarter (October 1 to December 31, 2016), the operating result ...

Tags: Heidelberger, digital transformation

PC Market Stabilizes with Solid 4Q16 Shipments

Jan 15, 2017

Worldwide shipments of traditional PCs (desktop, notebook, and workstation) totaled 70.2 million units in the fourth quarter of 2016, posting an on-year decline of 1.5%, according to the IDC Worldwide Quarterly Personal Computing Device ...

Tags: PC Market, desktop

Amitec Acquires Packaging Machine Producer Formeca

Jan 10, 2017

Finland-based pulp and paper manufacturer Stora Enso has divested its 100% stake in packaging machine producer Formeca to Amitec for undisclosed amount. Formeca, Stora Enso’s Finnish subsidiary, is engaged in providing high-quality ...

Tags: Amitec, Packaging Machine

French Biscuit Company Poult Secures €25m Investment From CM-CIC

Dec 16, 2016

French biscuit company Poult has secured an investment of €25m from CM-CIC Investissement to support its growth plans in France as well as entire Europe. With the investment, CM-CIC Investissement has joined a pool of investors led ...

Tags: Biscuit, Qualium Investissement

China Steel, Coal Capacity Cut Target Achieved

Nov 25, 2016

China has "basically" achieved this year's steel and coal capacity reduction goals, according to a State Council statement. A statement released after a State Council executive meeting presided over by Premier Li Keqiang spoke highly of ...

Tags: steel, coal capacity

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