Kohlberg Kravis Roberts & Co. LP and SMCP Group, a leading ready-to-wear affordable luxury apparel retailer, announced that KKR signed a definitive agreement with SMCP’s current shareholders to acquire a majority stake in the Company ...
Tags: KKR, Apparel Retailer
Gardner Denver, Inc. and Kohlberg Kravis Roberts & Co. L.P. (together with its affiliates, “KKR”) today announced that the companies have entered into a definitive merger agreement in a transaction valued at approximately $3.9 ...
Tags: Gardner Denver, Kohlberg Kravis Roberts, merger agreement
Toys R Us' Jerry Storch will step down as CEO after seven years at the helm, but will remain Chairman of the Board. He will also remain CEO while the retailer looks for his successor. Storch, 56, joined the company in February 2006 ...
Tags: Toys R Us, toy, company news
The Zumtobel Group (also known as Zumtobel AG)(WBAG: ZAG) headquartered in Dornbirn, Austria is a leading European manufacturer of professional indoor and outdoor lighting, lighting management systems and lighting components as well as LED ...
Tags: Zumtobel Group, Lighting Brands, led light
Toys R Us Inc,.the world's largest dedicated toy retailer,reported same-store sales in the U.S.fell 1.8 percent in December. The stakes were high for the retailer this holiday season as it has yet to return to being a public company after ...
Tags: Toys R Us Inc, sameStore sales in the U.S.fell 1.8 percent, in december
Floor covering designer and manufacturer Tandus Flooring Inc., Dalton, Ga., has been acquired by sustainable flooring and sports surfaces manufacturer Tarkett Group, France, for an undisclosed price. Tandus's roots go back to 1803. In ...
Tags: Textile World, Tandus, carpet maker, carpet
Packaging Dynamics has announced the acquisition of Groupe De Luxe, a Canadian manufacturer of flexible packaging products, for an undisclosed value. Packaging Dynamics chief executive officer Roger Prevot said De Luxe will support its ...
Robust vehicle sales are providing a boost to Pittsburgh Glass Works, which is adding 50 to 60 employees at its plant in Creighton, East Deer. The facility fabricates glass used mainly for automobile windshields. About 225 employees ...
Tags: glass, vehicle glass, automobile windshields, adding employees
Global investment firm Kohlberg Kravis Roberts&Co has agreed to acquire specialty insurance brokerage firm Alliant Insurance Services from Blackstone for an undisclosed sum. Alliant's management team and employees currently own nearly ...
Tags: Blackstone, KKR, JP Morgan Chase
Industrial machinery maker Gardner Denver Inc yesterday confirmed media reports that it is exploring a sale, a deal which would value the US industrial machinery maker over $3 billion. Reacting to a Reuters report, the 150 year-old company ...
Tags: Market View, industrial machine
Bauer Performance Sports Ltd.announced its financial results for the first quarter of Fiscal 2013 ended August 31,2012 reported under IFRS. Revenues grew by 4%(8%excluding the impact of foreign exchange)to$148.3 million in the first ...
Tags: Bauer Performance Sports, financial results, IFRS, apparel
Dell announced that former HP Networking Division head Marius Haas has joined the firm on the same day as it released disappointing Q2 financial results. Haas will succeed Brad Anderson, who has been Dell's Enterprise Solutions chief ...
Tags: Dell, HP, Marius Haas, Quest Software
Bloomberg is reporting that Madison Capital Partners is exploring the sale of KraussMaffei Group, the world’s largest manufacturer of plastics equipment. Bloomberg reported the story on June 19, citing people familiar with the matter, ...
Tags: market view, plastics equipment
Lunera is borrowing a page from California's fast-growing rooftop solar industry. On Thursday, it plans to unveil a lease-to-purchase program that lets commercial building owners retrofit their lighting for no money down. The lease is ...
Tags: market view, led light