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Lumileds Awarded $66m Damages in IP Theft Lawsuit Against ETI

Aug 20, 2018

On 10 August, a jury of six men and six women rendered a verdict in favor of LED maker Lumileds LLC of San Jose, CA, USA, finding that a Chinese competitor stole trade secrets related to Lumileds core technology for making high-power LEDs ...

Tags: LED, LED technology

Key Safety Systems Buys Vehicle Safety Systems Supplier Takata for $1.5bn

Apr 16, 2018

A 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 ...

Tags: Joyson Safety Systems, Vehicle Safety Systems

Bericap to Present Product Innovations at Hispack 2018 Event

Mar 26, 2018

Bericap is planning to present product innovations at 2018 Hispack Packaging, Process & Logistics trade fair to be held in Barcelona from 8-11 May. The company will be presenting itself with a clear focus on the vast range of services and ...

Tags: Bericap, Hispack Packaging

HC Private Investments Announces Strategic Investment in Kruger Plastic Products

Jan 19, 2018

HC Private Investments (HCPI), a Chicago-based private investment firm, has acquired Kruger Plastic Products (Kruger), a family-owned, custom injection molding manufacturer of niche products and components. Kruger’s senior ...

Tags: Plastic Products, injection molding

Littlejohn Announces Acquisition of Strategic Materials

Oct 23, 2017

Littlejohn & Co has signed a definitive agreement to acquire Strategic Materials, Inc., a leading environmental services company and the largest glass recycler in North America, from Willis Stein & Partners and Vision Capital. Financial ...

Tags: glass recycler, bead

Otsuka to Acquire Plant-Based Food Innovator Daiya

Aug 1, 2017

Otsuka Pharmaceutical has agreed to acquire Canada-based Daiya Foods which specializes in the manufacturing plant-based foods. The acquisition, reported at 405 million Canadian dollars, is expected to help increase Daiya's presence ...

Tags: Otsuka, plant-based foods

Imperial Frozen Foods Acquires Assets of Greystone Foods

Jul 28, 2017

Imperial Frozen Foods, a portfolio company of Kenex, has acquired 100% of the assets of Greystone Foods. Greystone is a Birmingham, AL based manufacturer of branded and private label frozen (IQF) vegetables. Greystone manufactures 30 ...

Tags: Frozen Foods, Greystone Foods

Sovos Brands Completes Aquisition of Rao's Specialty Foods

Jul 20, 2017

Sovos Brands, a new food and beverage firm established by Advent International, has completed its the acquisition of Rao's Specialty Foods. Financial terms were not disclosed. Rao's Specialty Foods is the second acquisition in less than ...

Tags: Specialty Foods, food, beverage

Samuel Adams Introduces Brewing The American Dream Collaboration Pack

Jul 20, 2017

Samuel Adams has collaborated with five different breweries across the US to brew a limited series of 12-pack, named Brewing the American Dream Collaboration Pack. From bartenders to chefs, the collaborative spirit of "craft" is stronger ...

Tags: Samuel Adams, beer

Alliance Creative Produces New Packaging for Crossfuel Extreme Performance Black Series

Jun 16, 2017

Alliance Creative Group has produced new packaging for the Crossfuel Extreme Performance Black series. The folding carton has 4-color glossy UV coating, diecut and is glued to create a combo pack to fit 3 different items. The Crossfuel ...

Tags: Alliance Creative, Packaging

Flowers Foods Changes Organizational Structure

May 5, 2017

Flowers Foods has announced an improved organizational structure aimed to provide greater focus on the company strategic objectives under Project Centennial, stress brand growth and innovation in line with a national branded food company, ...

Tags: Flowers Foods, Snacking

Toyota Secures License to Microsoft's Connected Car Patents

Mar 27, 2017

Microsoft has agreed to license a batch of patents to Toyota to enhance connected car experience for consumers. Financial details of the agreement have not been disclosed. The deal will give Toyota access to a suite of in-car technologies ...

Tags: Toyota, Microsoft

Apple to Appeal EU's $14.5B Fine, Calls Itself 'convenient Target'

Dec 26, 2016

When the European Union slapped Apple with a $14.5 billion tax fee in August, CEO Tim Cook called it "political crap." This week, the tech behemoth is fighting back in the form of an official appeal. "Apple is not an outlier in any ...

Tags: Apple, EU, iPhone

Apple to Appeal EU's $14.5b Fine, Calls Itself Convenient Target

Dec 20, 2016

When the European Union slapped Apple with a $14.5 billion tax fee in August, CEO Tim Cook called it "political crap." This week, the tech behemoth is fighting back in the form of an official appeal. "Apple is not an outlier in any ...

Tags: Apple, EU's watchdog

CP Foods to Acquire US Frozen Food Maker Bellisio for $1bn

Nov 22, 2016

Thailand's Charoen Pokphand Foods (CPF) has entered into an agreement to buy US-based frozen food manufacturer Bellisio Foods for $1.08bn. Headquartered in Minneapolis, Bellisio is a portfolio company of private equity firm Centre ...

Tags: Frozen Food, Bellisio Foods

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