XMS Capital Partners has announced that it served as financial advisor to Veritiv on its acquisition of All American Containers, a family-owned and operated distributor of rigid packaging, including plastic, glass and metal containers, ...
Tags: American Containers, Containers
The five units of National Jute Manufacturers Corporation Ltd. (NJMC), namely, Kinnisson, Khardah, National, Union and Alexandra; and the Bird Jute & Exports Ltd. (BJEL) have been declared sick in the state of West Bengal during the last 10 ...
The boss of Britain’s biggest food manufacturer, Premier Foods, has quit the debt-laden company today (January 28) after only 18 months, in a move that surprised City analysts. Shock move: Michael Clarke is to quit Premier Foods. ...
Tags: Premier Foods, Boss, Michael Clarke
The Indian textile industry, the single largest employment provider, employing over 91 million people particularly the rural masses and women and the backbone of country's economy has been passing through a worst crisis in its history ...
Tags: SIMA, textile industry, raw material prices
Press Trust of India reported that Rashtriya Ispat Nigam Limited has decided to initiate a slew of financial restructuring measures and merge a subsidiary with itself for better valuation during disinvestment. Indian steel minister Mr ...
Tags: steel, financial restructuring, financial, reserves
Visa Steel, which went into a corporate debt restructuring program 2 months ago, might try to bring in a strategic investor in its core long steel business. Mr Vishal Agarwal MD of Visa Steel said that "In the special steel business, we ...
Tags: Visa Steel, core long steel, steel business, raw material
Plastic packaging company Quinn Plastics & Packaging said it has acquired a Kiefel KMD 85 thermoformer in an effort to become a major player in rigid food packaging. The machine is the first major investment by the company into packaging ...
Tags: packaging, machine, packaging machinery
Times of India reported that the visit of a 4 member diligence study team from the Steel Authority of India Limited corporate office has once again raised curiosity about the fate of the proposed industrial complex at Sindri. Although the ...
Tags: Steel Authority of India, Indian steel, steel industry, Sindri
The Bakkavor boss Agust Gudmundsson has reported, what he termed, “strong growth” in both revenue and margin revealed by the chilled own-label food company’s third quarter results released yesterday (November 8). ...
Tags: Bakkavor, financial results, strong growth
Steady Jenoptik in'wait and see'mode 11 May 2012 Sales and orders look healthy but CEO expresses concern over ongoing debt crisis. Germany-headquartered optics giant Jenoptik says that demand from the semiconductor industry was better ...
Tags: Steady Jenoptik, 'wait and see'mode, debt crisis, semiconductor industry