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Key Safety Systems Buys Vehicle Safety Systems Supplier Takata for $1.5bn
Apr 16, 2018A consortium of Ningbo Joyson Electronic (Joyson Electronics) and Asia-based private equity firm PAG have offered funding to Key Safety Systems (KSS) in acquiring the all of the global assets of Japan-based airbag-maker Takata. Takata's ...
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Inventure Foods to Sell Frozen Foods Division to Oregon Potato
Sep 18, 2017Inventure Foods has agreed to divest its frozen business unit to Oregon Potato Company (OPC) for $50m as part of its ongoing strategic and financial review. Under the terms of the definitive asset purchase agreement, the Arizona-based ...
Tags: Inventure Foods, Frozen Foods
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First Solar Sells California Flats Project to Capital Dynamics
Aug 23, 2017First Solar Inc of Tempe, AZ, USA- which makes thin-film photovoltaic modules based on cadmium telluride (CdTe) as well as providing engineering, procurement & construction (EPC) services – has completed the sale of the 280MWAC ...
Tags: First Solar, cadmium telluride
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First Solar Sells 40MW Cuyama Solar Project to Desri
Aug 23, 2017First Solar Inc of Tempe, AZ, USA- which makes thin-film photovoltaic modules based on cadmium telluride (CdTe) as well as providing engineering, procurement & construction (EPC) services – says that an affiliate of D. E. Shaw ...
Tags: First Solar, Clean Energy
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Bosch to Sell Starters, Generators Unit to China's ZMJ
May 4, 2017Bosch is planning to divest its subsidiary Robert Bosch Starter Motors Generators, including all subsidiaries, to the purchaser consortium ZMJ (Zhengzhou Coal Mining Machinery Group Co., Ltd.), Zhengzhou, China, and CRCI (China Renaissance ...
Tags: Bosch, Motors, Generators
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Solar Frontier Americas Completes Sale of 40MW Midway II Project to Dominion
Apr 13, 2017San Jose-based Solar Frontier Americas, the US subsidiary of Tokyo-based Solar Frontier – the largest manufacturer of CIS (copper indium selenium) thin-film photovoltaic (PV) solar modules – has sold its 40MWDC (30MWAC) Midway ...
Tags: Solar Frontier, Solar modules
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SNM Global Acquires Minority Stake in Game Vodka
Jan 6, 2017SNM Global has acquired 17.5% membership interest in Brockett Beverage Group, which is an organic based corn vodka, crafted and marketed for sports and the sports fan. SNM Global CEO Troy Lowman said: "Our partnership with Game Vodka we ...
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XCMG Signed 200 Orders with Malaysian Customer to Be The Biggest Winner in Bauma 2016
Dec 6, 2016On November 23, the biggest purchase contract was gained by XCMG in bauma 2016. The customer from Malaysia ordered dumpers and trailers of total 200 units in on time, and signed purchase agreement in the XCMG globe distributors conference ...
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Saudi Public Fund to Buy 50% Stake in Kuwait Food Company's Owner
Dec 2, 2016The Saudi Public Investment Fund (PIF) has announced plans to buy 50% stake in Adeptio Group’s, which controls the Kuwait Food Company (Americana). However, financial details of the transaction were not disclosed. Saudi Arabia's ...
Tags: Kuwait Food, Food
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Hempco to Open New Hemp Processing Facility in Alberta
Nov 30, 2016Hempco Food and Fiber is set to open new hemp foods processing facility in Nisku, Alberta, near the Edmonton International Airport. For several months, Hempco has been searching for a new location to expand its hemp seed food processing ...
Tags: Hempco Food, Fiber
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Ajinomoto to Acquire Trademarks From Jacobs Douwe Egberts
Nov 10, 2016Ajinomoto has entered into an agreement to acquire trademarks from Jacobs Douwe Egberts (JDE) for JPY 25.9bn (€225m). The acquisition of trademarks includes those licensed to its unit Ajinomoto General Foods (AGF) such as Blendy and ...
Tags: Ajinomoto, Jacobs Douwe Egberts
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Kirin to Sell Brazil's Macacu Bebidas Plant to AmBev
Nov 10, 2016Kirin Holdings has agreed to divest one of its Brazilian production facilities to AmBev. Brasil Kirin Holdings has signed a stock purchase agreement to sell unit Cachoeiras de Macacu Bebidas. The company is selling a stake of 11,415,000 ...
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Hochdorf to Acquire Majority Stake in Pharmalys Laboratories
Oct 27, 2016Swiss infant nutrition company Hochdorf has entered into an agreement to acquire a majority stake in Pharmalys Laboratories and Pharmalys Tunisia. Under the purchase agreement, Hochdorf will buy 51% stake in both the companies. Besides, ...
Tags: infant nutrition, Hochdorf
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Daimler to Invest Eur500m in New Engine Production Plant in Poland
Oct 25, 2016Daimler is planning to invest about €500m in new engine production plant in the Polish city of Jawor. The company signed property purchase agreement for the site with its Polish partners. Jawor is the first production site of ...
Tags: Daimler, Engine Production Plant
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Apple Announces Environmental Progress in China & Applauds Supplier Commitment to Clean Energy
Sep 30, 2016Lens Technology is First Supplier to Commit to 100% Renewable Energy for All Apple Operations All 14 Final Assembly Sites in China are Now Zero Waste Compliant Beijing — Apple today announced a significant commitment by major ...