The closure of Premier Foods' Barry mill in the Vale of Glamorgan – with the loss of 43 jobs last week – and plans to reorganise its milling business into two parts could herald its sale, according to City analyst Investec. ...
Tags: Milling Business, Agriculture, Food
Ciech published its report for Q1 2013. EBITDA (operating profit plus the value of depreciation/amortisation) amounted to PLN 132 million, compared to PLN 95 million in Q4 2012 and PLN 126 million in the same period a year earlier. ...
It’s reported that Aperam may reorganize EU production if acquiring Terni (AST). Aperam CEO, Philippe Darmayan, pointed out that the company shows high interesting in AST. If it succeeds, it will create synergies with its ...
Tags: Aperam, EU production, steel industry
Liquidation is looming for collapsed distributor and systems integrator 2e2 after administrators admitted that they have given up trying to sell the company as a going concern.As a result,the administrator has announced the loss of 627 jobs ...
Tags: Liquidation Looms, Redundant, company news
Electronics firm Philips has called on skills specialist The Open Group to reorganise its IT workforce. The move enables Philips to identify the skills already available within its company and to create a clear career development path ...
Tags: Philips, IT workforce, network, CITS
The US hedge fund Strategic Value Partners(SVP)has submitted a take-over bid for the film producer Kl ckner Pentaplast(KP),the Financial Times has reported.Bank representatives feel that it is likely that the present owner,Blackstone,and ...
Tags: SVP, Stake in Kl Ckner Pentaplast, Kl ckner pentaplast
New Jersey-based Smart Balance has unveiled plans to change its name to Boulder Brands and reorganise the company into two business segments. The company said the move comes on the back of its US$125m acquisition of Udi's Healthy Foods in ...
Tags: Smart Balance, change name, Boulder Brands, reorganise, business segments
Finnish food group Raisio has established two branded divisions, which will run its consumer and licensed products. Paul Simmonds, who oversaw UK snack firm Glisten prior to its acquisition by Raisio, has been appointed vice president of ...
Tags: branded divisions, food, licensed products, snack firm, snack
South African paper and packaging company Mondi Group has secured European Union (EU) regulatory approval for its $782m acquisition of packaging company Nordenia in Germany from private equity firm Oaktree Capital. According to Mondi, the ...
Tags: paper and packaging, flexible packaging, consumer products
The Boards of Directors of Pantaloon Retail India Limited(PRIL)and Future Ventures India Ltd,(FVIL)approved a proposal to consolidate their fashion businesses into a new to be listed entity(Future Fashion),which would emerge as one of ...
Walls Construction,an Irish construction services company,has saved upwards of€31,000 by moving stale content from a SQL Server to less expensive storage,using software from AvePoint–a SharePoint governance and infrastructure ...
Tags: SQL Server storage, AvePoint, infrastructure management
SCO, the low-end Unix software vendor that sought to claim intellectual property rights over the popular open-source operating system Linux, has filed for Chapter 7 bankruptcy, the first stage in its winding up and liquidation. Further ...
Tags: SCO, Unix software, Microsoft, Linux Sun
The painting machinery manufacturer Venjakob is to add another 1,000m?2 to its current production area of 11,500m?2 by building a new hall and expanding three existing buildings.Construction work,which began back in late October 2011,is due ...
Tags: Venjakob, Expansion Project, new hall, optimise production processes