European business articles & resources on Made-in-China.com

CCL Industries to Acquire Treofan Americas for $225m

Mar 12, 2018

CCL Industries, a provider of specialty label, security and packaging solutions, has agreed to acquire Treofan America and Trespaphan Mexico from their parent firm M&C in a deal worth $225m. The entities considered for acquisition ...

Tags: CCL Industries, packaging

Toyota to Manufacture New Auris Model at UK Car Plant

Mar 6, 2018

Toyota said that it will build the third generation of Auris hatchback model at its UK car plant in Burnaston, Derbyshire. The engines for the model will be sourced from Toyota Motor UK’s (TMUK) factory in Deeside, North Wales. ...

Tags: Toyota, Auris Model

Sysco to Acquire Kent Frozen Foods

Jan 17, 2018

Sysco has agreed to acquire Kent Frozen Foods, a UK-based foodservice distributor, for an undisclosed price to expand its European business. The acquisition, which is conditional upon approval from the Competition and Markets Authority, ...

Tags: Frozen Foods, Sysco

Avery Dennison's Sales Increases in Q1 2017

May 2, 2017

Avery Dennison has announced preliminary and unaudited results for its first quarter ended 1 April 2017. First Quarter 2017 Results by Segment Organic sales change refers to the increase or decrease in sales excluding the estimated ...

Tags: Avery Dennison, Graphic Materials

Asahi to Take Eur7.4bn Loans to Fund SABmiller's Assets Purchase

Mar 30, 2017

Japanese beer maker Asahi Group said it will take on EUR7.4bn in bank loans to finance its purchase of SABMiller's former Central & Eastern European beer assets. Asahi said its board agreed to the loan, from Japan's Sumitomo Mitsui and ...

Tags: beer, Asahi Group

Asahi to Acquire A InBev's Eastern European Beer Brands for Eur7.3bnB

Dec 15, 2016

Asahi Group has agreed to acquire a group of Eastern European beer brands from Anheuser-Busch InBev (AB InBev) for €7.3bn. As per the deal, the Japanese beverage giant will purchase the beer brands and their operations in Czech ...

Tags: European Beer, Asahi Group

Goodyear Launches New Pan-European Business

Nov 29, 2016

The Goodyear Tire & Rubber Company has launched a new pan-European business called Goodyear Proactive Solutions. It offers a suite of demonstrated Vehicle-To-Fleet operations management solutions featuring advanced telematics and ...

Tags: Goodyear, Tire, Rubber

Scotland Selects Neogen for Beef Herd Improvement Program

Nov 17, 2016

The Scottish Government has selected Neogen to carry out genomics testing as part of its program to enhance the country's beef herd. The program, dubbed the Beef Efficiency Scheme, aims to improve the overall herd profitability and to ...

Tags: Scotland, Beef

Carlsberg's Q3 Net Revenue Declines 4% to $2.57bn

Nov 11, 2016

Danish brewing giant Carlsberg Group has reported a 4% decrease in its net revenue to DKK17.53bn ($2.57bn) for the third quarter of this year, compared to DKK18.3bn ($2.7bn) for the same period in 2015. The brewer blamed the negative ...

Tags: Carlsberg, organic operating profit

Mainfreight Opens UK Office

Aug 30, 2016

Mainfreight has opened a new branch in the United Kingdom, providing the full range of air and ocean services. With this Mainfreight extends its global network to 239 branches in 21 countries. In Europe it is now present in Belgium, France, ...

Tags: Mainfreight, UK office

Sappi Delivers Increased Profits for 3rd Quarter Ended June 2016

Aug 10, 2016

Operating profit excluding special items was strong at $97m despite the third quarter being seasonally the weakest due to the summer holiday period in the northern hemisphere and the scheduling of annual maintenance work during the period. ...

Tags: Cellulose business, EBITDA, solid performance

Frigoglass Announces Second Quarter Results Ended June 2016

Aug 9, 2016

Frigoglass SAIC announces audited results for the quarter and six months ended 30 June 2016. Second Quarter 2016 Highlights Sustained recovery in West Europe (+27% y-o-y) driven by ICOOL’s penetration in Coca-Cola bottlersOngoing ...

Tags: Frigoglass SAIC, beer market, Glass business

Hornby to Reduce Number of Product Lines by 40 Per Cent After 'disappointing Financial Results'

Jun 27, 2016

Hornby is attempting to make the business profitable again following a loss of £13.5 million in what it has said was a "difficult and disappointing year". Hornby has revealed its plans to cut the number of toys it makes in an effort ...

Tags: pre-tax loss, Hornby

Sappi First Quarter Profits Triple on Significantly Stronger Performance

Feb 15, 2016

Operating performance in the quarter was strong and substantially above the equivalent quarter last year. The group increased EBITDA excluding special items by 21% to US$175 million, operating profit excluding special items by 51% to ...

Tags: Stronger Performance, EBITDA

LKQ to Expand European Presence with Rhiag-Inter Auto Parts Acquisition

Dec 28, 2015

US based auto parts maker LKQ has entered into an agreement to acquire Rhiag-Inter Auto Parts for €1.04bn to expand its presence in European market. Rhiag-Inter Auto Parts is pan-European business-to-business distributor of ...

Tags: LKQ, Rhiag-Inter Auto Parts, Auto

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