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asset deal
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Tridonic Sells Signage Business to AgiLight
Dec 2, 2015Tridonic GmbH & Co KG, a leading manufacturer of LED lighting components and systems and part of the Austrian lighting company Zumtobel Group, has sold its LED signage business to U.S.A.-based AgiLight.. With the acquisition of ...
Tags: Tridonic, LED lighting, AgiLight
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Jenoptik Transferred Expertise, Patents and Results Relating to Thermal Laser Separation
Jan 20, 2014As part of an asset deal, as of 1 January, Jenoptik of Jena, Germany has transferred expertise, patents and results relating to thermal laser separation (TLS-Dicing) technology developed by its Laser & Materials Processing Division to ...
Tags: 3D-Micromac, Electrical
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GlaxoSmithKline Is to Sell Its Drinks Brands Lucozade and Ribena to SBF
Sep 11, 2013GlaxoSmithKline is to sell its drinks brands Lucozade and Ribena to Suntory Beverage & Food Ltd (SBF), the Japanese consumer goods company, for GBP 1.35 billion (AUD 2.4b) in cash. It is expected that the transaction will be completed by ...
Tags: Beverage, Food, Agriculture
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Nordeon Has Acquired Decorative Outdoor Lighting Manufacturer Hess
Aug 27, 2013Luminaire specialist Nordeon has acquired decorative outdoor lighting manufacturer Hess, in an asset deal that comes into effect from 1 October. The takeover includes the Hess factory at Villingen-Schwenningen in Germany, its sales ...
Tags: Nordeon Group, Hess
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Professional Chemical Group ALTANA Has Acquired Henkel Professional Coating Business
Aug 16, 2013The specialty chemicals group ALTANA has acquired the specialty coatings business of Henkel. The products are sold under the brand names MiraFoil and Miracure and are mainly supplied to the packaging industry in North America. The business ...
Tags: Altana, Specialty Coatings
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Altana Has Announced The Acquisition of The Specialty Coatings Business of Henkel
Aug 12, 2013German chemical company Altana has announced the acquisition of the specialty coatings business of Henkel for an undisclosed sum. The business generated sales of around $15m in 2012. According to Altana, the products are sold under ...
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Duerr Group Is Acquiring The German Environmental Technology Company
Jun 18, 2013Duerr Group is acquiring the German environmental technology company Luft- und Thermotechnik Bayreuth GmbH (LTB). Founded in 1958, LTB’s product range includes scrubbers, filters and cyclones. The company employs 120 people in ...
Tags: Duerr, Air Purification, Machinery
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Hess AG Has Sold Its Shares in Hannover-Based Exterior Lighting Company Vulkan
May 20, 2013Hess AG has sold its shares in Hannover-based exterior lighting company Vulkan as it continues to restructure following insolvency proceedings. The troubled German manufacturer which had 100 per cent of the shares in Vulkan, has sold them ...
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Georgia-Pacific Is to Buy Temple-Inland Building Products From International Paper
Jan 10, 2013Georgia-Pacific is to buy Temple-Inland Building Products from International Paper in an asset deal.The two companies put pen to paper on 13 December 2012.The purchase price was put at US$750m,but may alter slightly as a result of ...
Tags: asset deal, papper, Georgia-Pacific, liabilities
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Auto Glass Shop Turnover Rates Continue to up
Dec 20, 2012Several collision repair groups have announced new acquisitions and shop openings recently. Gerber Collision and Glass, a subsidiary of the Boyd Group, has announced the opening of another Florida repair center. The shop, which Gerber has ...
Tags: collision repair groups, new acquisitions, shop openings
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Viridis Energy Is About to Take Over The Pellet Producer Enligna
Dec 18, 2012Viridis Energy is about to take over the pellet producer Enligna, which has been insolvent since August 2011. On 22 December 2011, PricewaterhouseCoopers (PwC), which had been appointed by the court as administrator of Enligna, accepted a ...
Tags: Viridis Energy, pellet, Enligna, PwC
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Formica Is Planning to Acquire The Well Pack Papers & Containers' HPL Operations
Dec 4, 2012Formica is planning to acquire the Indian firm Well Pack Papers & Containers' HPL operations in the western Indian state of Gujarat. The deal will be conducted by its Indian subsidiary Formica Laminates (India). The parties put pen to paper ...
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Weinig Has Lowered Its Revenue Forecast for 2012 Amid The Worsening State of The Market
Nov 28, 201223.11.2012 − Weinig has lowered its revenue forecast for 2012 amid the worsening state of the market as a whole. The company now expects to book consolidated group revenues of around €320m. This figure would be the same amount as ...
Tags: Weinig projects, revenue