US-based private-equity firm Kohlberg Kravis Roberts (KKR) has agreed to provide €100m debt and equity financing to sustainable packaging provider Petainer UK. The funding will be used by Petainer to finance its capital structure and ...
Tags: KKR, Petainer, Investment
International private equity firms show interest in Australian vegetable companies The under-cover vegetable growing industry has remained sheltered from the erratic weather conditions of the past five years, according to market research ...
Tags: Vegetables, reliable supplies, Agriculture
British agribusiness Sundrop Farms has secured $100m in investment from private equity firm Kohlberg Kravis Roberts & Co ( KKR ) to ramp up vegetable production. The investment will be used in the expansion of Sundrop Farms' greenhouse ...
Tags: vegetable, Agriculture
New York-based private investment firm Kohlberg Kravis Roberts (KKR) has divested its entire stake in China Modern Dairy, for around $80m. The company sold 168 million shares at HK$3.70 ($0.47) per share. China Modern Dairy is an ...
Tags: Modern Dairy, Food
Sysco Corporation and US Foods today announced an agreement to merge, creating a world-class foodservice company. The total enterprise value of the transaction is approximately $8.2 billion and the combination has been approved by the Board ...
Tags: US Foods, Sysco Corporation
US-based food production and distribution company Del Monte is considering the sale of its canned food business as part of the plan to focus on pet food business. The canned food division manufactures canned vegetables, fruit cups and ...
Tags: Agriculture, Food
Investors Silverton Partners and Sevin Rosen Funds have sold their stakes in Javelin Semiconductor Inc of Austin, TX, USA, which was one of the first firms to develop 3G wireless communications power amplifiers (PAs) based on ...
Tags: CMOS PAs, Electronics
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
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