Furniture Brands International has received court approval that will allow it to continue to pay its bills and meet other obligations involving the servicing of accounts. The company announced Thursday that its motions filed Sept. 9 as ...
Tags: Furniture, Furnishing
Furniture Brands Canada has declared bankruptcy and all of its salaried employees have been let go. The move was made after its U.S. parent company sought Chapter 11 court protection from its creditors earlier this week. Furniture Brands ...
Tags: Furniture, Furnishing
A new potential bidder for Furniture Brands International assets, which would include the purchase of the company's Lane business, emerged at a bankruptcy hearing here Wednesday, the Wall Street Journal reported. KPS Capital Partners, a ...
Tags: Furniture, Furnishing
With Furniture Brands International's bankruptcy filing finally behind it and court pending financing lined up, retailers attending Premarket here were largely optimistic the news will lead to better times for Thomasville, Broyhill and ...
Tags: Furniture, Furnishing
Oaktree Capital Group has engaged investment banking firm Goldman Sachs to find a suitable buyer for packaging company Tekni-Plex, in a transaction which could be worth $800m, according to sources. Five years back, the US-based investment ...
Tags: Oaktree Capital, Tekni-Plex
Harkand announces new business bolsters position in inspection, repair and maintenance market Wednesday, Jun 26, 2013 Harkand has bolstered its recent expansion in the subsea inspection, repair and maintenance market by securing contracts ...
Tags: Transportation, Service
India-based pharmaceutical packaging firm Cogent Glass has announced that US-based investment firm Oaktree Capital Management acquired a majority stake of 60% in the company for INR2bn ($34.06m). Oaktree's investment in Cogent will enable ...
Tags: Oaktree Capital, Packaging
French private equity firm PAI Partners has agreed to acquire Europe's leading private-label ice cream maker R&R Ice Cream from Oaktree Capital in a deal worth EUR850m. The acquisition is the first purchase in the food industry for PAI ...
Tags: R&R Ice Cream, Food
Informed sources say potential buyers for R&R Ice Cream put their first-round bids on the table this week – with the firm founded by US Republican presidential candidate Mitt Romney rumoured to be in the running. var ...
Tags: Mitt Romney, R&R Ice Cream, Agriculture, Food
Informed sources say potential buyers for R&R Ice Cream put their first-round bids on the table this week – with the firm founded by US Republican presidential candidate Mitt Romney rumoured to be in the running. Bain capital ...
Tags: Private Equity Firms, Majority Stake, Ice Cream, Food
UK-based private-label ice cream maker R&R Ice Cream has acquired Italian ice cream manufacturer Eskigel. The acquisition, for around EUR77m (US$94.5m), will give R&R an "immediate and major" presence in Europe's largest ice cream ...
Tags: acquisition, R and R, Eskigel, ice cream
UK-based pulp‚ paper and packaging group Mondi has announced that it successfully acquired Nordenia‚ a worldwide operating manufacturer of flexible packaging‚ technical films‚ and product components for €259m. ...
Tags: packaging, Mondi, technical films
South African paper and packaging company Mondi Group has secured European Union (EU) regulatory approval for its $782m acquisition of packaging company Nordenia in Germany from private equity firm Oaktree Capital. According to Mondi, the ...
Tags: paper and packaging, flexible packaging, consumer products
December 18,2012-Shermco Industries Inc.—a provider of testing,maintenance,repair,engineering,training and commissioning services for low-,medium-and high-voltage electrical equipment,motors and generators—has been acquired by ...
Lewis Goetz,FIIDA,FAIA,College of Fellows Chair for the International Interior Design Association(IIDA),announced five IIDA Members will be inducted into the College of Fellows at the Association's Annual Meeting on June 12,2011. ...
Tags: IIDA, Interior Design, FAIA