NCC Automated Systems, an integrator and manufacturer in the food packaging, and ophthalmic automation industries, announced that the company has formed an ESOP (Employee Stock Ownership Plan). In the transaction, ownership sold a ...
German automobile manufacturer Audi is set to further expand its business activities in the Chinese market. Together with its local partner FAW Group, the company has defined 21 key strategy fields with respective goals in a 10-year plan. ...
Tags: Audi, Chinese Market
Major Chinese State-owned enterprises have launched the nation's largest private equity fund, worth 350 billion yuan ($52.5 billion), to finance SOE restructuring as part of China's efforts to advance supply-side reform. The money will be ...
Tags: Giant SOEs, nation fund
The Japanese economy seems unable to return to a sustainable growth path. In Q4, GDP fell 1.4% over the previous quarter in seasonally adjusted annualized terms (SAAR), which contrasted Q3’s 1.3% rise. In 2015, Japan’s imports ...
Tags: Japanese economy, Japan's imports
Transcontinental has entered into an agreement to buy US-based flexible packaging supplier Ultra Flex Packaging in a deal worth $80m. The amount requires to be paid in cash at closing, along with an additional consideration payable ...
Tags: Flex Packaging, TC Transcontinental, Packaging acquisition
It is often assumed that emerging-economy living standards are bound to converge with those in developed countries. But, leaving aside some oil exporters and the city-states of Hong Kong and Singapore, only three countries and regions ...
Tags: emerging economy, financial crisis
Renault-Nissan Alliance and Daimler have agreed to extend their partnership to develop a pickup truck for Mercedes-Benz, which recently forayed into the segment. The Mercedes-Benz 1-ton pickup truck is said to share certain features ...
Tags: Pickup Truck, Mercedes-Benz
UK-based Mercian Labels has deployed the new Xeikon Cheetah digital label press to continue its double-digit growth path. The five-colour, high-speed and productive digital label press is planned to be installed in early February at ...
New categories in the organic sector in Australia have driven record growth in the $1.72 billion industry, according to a biennial industry report from organic certifying group Australian Organic. The Australian Organic Market Report is a ...
Tags: Organic Foods, Food
India-based Reliance Industries Limited (RIL) and China-based Shandong Ruyi Science and Technology Group Co Ltd (Ruyi) (through its wholly owned subsidiary), have signed definitive agreements for setting up a joint venture (JV) in textiles, ...
Tags: joint venture, Textile
German wine seller Hawesko is looking for an alternative buyer for its proposed buyout after rejecting takeover offer by Detlev Meyer. Hawesko's management board said that a 40-euro-per-share takeover bid by by Tocos Beteiligung and its ...
Tags: buyout, wine seller, Agriculture
Apparels are the fastest growing category amongst online sales of all ecommerce products in India, notes a research paper released by the trade body – ASSOCHAM. Apparel, health, home furnishings and fragrances/ cosmetics are the few ...
Australian iron ore development company BC Iron Limited has announced that it has offered to acquire all the issued shares of Australian miner Iron Ore Holdings (IOH) in a deal worth around A$250 million. Under the takeover deal, BC Iron ...
Tags: Iron, iron ore, Metallurgy
The German market for printed circuit boards is forecasted to grow 3.9% in 2014, reaching a value of around EUR 1.43 billion. The semiconductor market will grow by 5.4 percent to EUR 11.2 billion, says Dr. Wolfgang Bochtler, Chairman of ...
Transcontinental, a Canada-based media and marketing activation solutions provider, has signed a deal to takeover Capri Packaging, a division of dairy firm Schreiber Foods, in a $133m deal. The acquisition, which is subject to regulatory ...
Tags: dairy, Agriculture, Food