Cree Inc of Durham, NC, USA (which makes lighting-class LEDs, LED lighting and power semiconductors) has announced the pricing of $500m of its 0.875% convertible senior notes due 2023 in a private offering to qualified institutional buyers. ...
Tags: LED lighting, LEDs
Qorvo Inc of Greensboro, NC, USA (which provides core technologies and RF solutions for mobile, infrastructure and defense applications) has priced its offering of an additional $130m of its 5.50% senior notes (due 2026) at 101% of par ...
Tags: Qorvo, RF solutions
Eurofins Scientific has agreed to acquire Covance Food Solutions, the food testing and consulting business of global life sciences company LabCorp, for $670m. The global bioanalytical testing firm said that the acquisition will expand its ...
Tags: Eurofins, Covance Food
Packaging manufacturer Coveris has agreed to divest its Americas packaging business to Transcontinental (TC Transcontinental) in a deal worth $1.320bn. Coveris Americas, which is a subsidiary of Sun Capital Partners portfolio firm ...
US-based differentiated paper and packaging solutions provider WestRock has signed agreements to acquire all of the assets of Plymouth Packaging, a corrugated packaging company, for an undisclosed amount. Under the terms of the deal, ...
Tags: Westrock, Plymouth Packaging
Evonik has agreed to acquire 3M’s high-concentrates additive compounding business for an undisclosed sum. Evonik will include the acquired operations in its interface and performance business line, which produces and markets ...
American food company Hormel Foods has agreed to acquire deli meat and salami company Columbus Manufacturing from Arbor Investments for about $850m. The acquisition places Hormel as a complete deli solutions provider and also boost its ...
Tags: Hormel Foods, authentic products
Hearthside Food Solutions has agreed to acquire Standard Functional Foods Group (SFFG), a unit of Standard Candy Company, subject to regulatory approval and customary closing conditions. SFFG is a contract manufacturer of nutritional and ...
Tags: Hearthside Food, Functional Foods
UK-based auto-spare parts supplier Delphi Automotive has agreed to acquire self-driving car startup nuTonomy for $450m. The deal includes an upfront price of $400m and an earn-out of $50m. nuTonomy was founded in 2013 by Karl Iagnemma ...
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
The Ferrero Group has agreed to acquire Illinois-based non-chocolate confectioner Ferrara Candy from private equity firm L Catterton for an undisclosed price to expand its US business. The transaction made by an affiliated company of ...
US-based cookie and cracker manufacturer Kellogg Company has agreed to acquire Chicago Bar Company, the maker of protein bar brand Rxbar for $600m. The addition of Rxbar, made from whole food ingredients, is expected to strengthen the ...
Post Holdings has agreed to acquire Ohio-based sausage maker Bob Evans Farms for nearly $1.5bn to strengthen its position in refrigerated retail and food-service channels. The acquisition, which will see the American packaged foods ...
Tags: Post Holdings, Sausage
Corrugated packaging firm WestRock has priced $500m aggregate principal amount of 3.00% senior notes due 2024 and $500m aggregate principal amount of 3.375% senior notes due 2027. The notes will be guaranteed by certain WestRock ...
Tags: Corrugated packaging, packaging
Consumer goods giant Unilever has agreed to acquire Weis, an Australian ice cream and frozen dessert manufacturer for an undisclosed price. The values and products of Weis are expected to help the British-Dutch multinational company in ...