Berry Plastics Group has signed an agreement to acquire AEP Industries, a North American manufacturer of flexible plastic packaging films, for $765m including debt. Under the terms of the deal, each shareholder of AEP will receive either ...
Tags: Berry Plastics Group, AEP Industries, debt
Plastic consumer packaging specialist Berry Plastics has restructured its operations to better serve its customers and drive future growth. As part of the restructuring, the company created three new market-focused divisions including ...
Tags: Berry Plastics, flexible packaging, Plastic consumer packaging
Automobile major Fiat Chrysler Automobiles (FCA) is on the verge of taking a final call on whether to divest its auto parts wing Magneti Marelli in the face of potential buyers expressing interest. Two private equity funds based out of ...
Tags: automobile manufacture, auto parts, FCA
Government's push of e-commerce in rural areas will stimulate online fresh food sales A government-backed drive toward e-commerce can help open up the agricultural sector and generate a rapid increase in incomes for farmers. At a ...
Tags: E-Commerce, Farming, Agricultural
Remington Outdoor Company reported sharply higher losses in the first quarter ended March 29 as sales declined by $53.9 million, or 21.2 percent. The country's largest manufacturing of firearms said sales reached $201.3 million compared ...
Tags: Remington Outdoor, Sporting Goods
Australia based private equity investment firm Pacific Equity Partners (PEP) has agreed to acquire Kerry Pinnacle, the Australian subsidiary of British baked goods firm Kerry Group. Reuters reported citing a person with knowledge of ...
Tags: baked goods, Kerry Group
Peer-to-peer lending, websites that allow individuals to borrow money from other individuals without going through banking middlemen, is facing its first serious government regulation as defaults undermine confidence in the online systems. ...
GD Development, a PV EPC (engineering, procurement, construction) contractor established by Taiwan-based solar cell maker Gintech Energy, has announced the completion of a rooftop PV system at Kaohsiung International Airport and another at ...
Ferro Corporation has completed the acquisition of tile coating manufacturer Vetriceramici S.p.A. for €83 million (approximately $104 million), subject to customary working capital and other purchase price adjustments. Vetriceramici ...
Tags: Tile Coatings, Construction
Freedom Foods signs dairy deal with China’s New Hope Group Australian food manufacturer Freedom Foods and its major shareholder the Perich Group have announced the signing of a Memorandum of Understanding with China’s ...
Tags: Freedom Foods, dairy, Agriculture
Ferro Corporation has signed a definitive agreement with Milan, Italy-based Private Equity Funds' Management Company Star Capital SGR S.p.A. and two minority owners and founders Gianfranco Padovani and Sergio Zannoni to acquire Casola ...
Tags: Tile, Ferro Corporation, Coating
Taiwan-based PV conductive paste maker Giga Solar Materials on March 3 signed with a few local banks for a 7-year syndicated loan of JPY3.5 billion (US$34.3 million) for constructing a ground-mounted PV power-generating station with an ...
Tags: Giga Solar, Japan materials PV
Intrawest Resorts Holdings, Inc. commenced an initial public offering Tuesday that is expected to raise about $50 million for the operator of seven mountain resorts and $200 million for Fortress Investments, which acquired control of the ...
Tags: Sporting Goods, Recreation
LONDON, Dec. 3, 2013 /PRNewswire/ -- Fifty-five percent of private equity (PE) executives cite the growing capital requirements of the oil and gas industry as the foremost driver of their investment activity in the industry, according to a ...
Tags: the oil and gas industry, private equity, major capital investment
Aurora Capital Group, a Los Angeles-based private equity firm, has purchased Insurance Solutions Division of Zywave, an insurance software technology provider, from Vista Equity Partners, for an undisclosed sum. Aurora's Software & ...
Tags: Aurora Capital, Zywave's Solutions Division, Purchases Insurance