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Jakob Mosser to Leave Schur Flexibles

Jul 7, 2017

Jakob Mosser is to leave the Schur Flexibles Group, who founded the company in 2012 and has managed the company as CEO since that time. Following the company’s successful expansion, he provided support last year in the sale of the ...

Tags: Jakob Mosser, Flexibles

Brazilian Court Blocks JBS's Proposed Transaction with Minerva

Jun 26, 2017

A Brazilian federal court has blocked meat processing giant JBS’s proposal to divest its beef operations in three South American markets. JBS’ $300m sale of the select South American beef processing operations to rival ...

Tags: meatpacker, Minerva

Sonoco Reports First Quarter Results for 2017

Apr 24, 2017

Sonoco, one of the largest diversified global packaging companies, has reported financial results for its first quarter, ending 2 April 2017. First Quarter Highlights First quarter 2017 GAAP earnings per diluted share were $0.53, ...

Tags: Sonoco, packaging

Rupari Food to Divest Most Assets to Carl Buddig Subsidiary

Apr 12, 2017

Barbequed meats manufacturer Rupari Food Services has agreed to divest almost all of its assets to a subsidiary of Carl Buddig and Company. The sale of the company is a natural next step for Rupari Food Services, who had been seeking a ...

Tags: Rupari Food, meats

Sonoco Reports Third Quarter 2016 Results

Nov 18, 2016

Sonoco, one of the diversified global packaging companies, reported financial results for its third quarter, ending 2 October 2016. Third Quarter Highlights Third quarter 2016 GAAP earnings per diluted share were $0.64, compared with ...

Tags: Sonoco, packaging

Ennis Reports Financial Results for Three and Six Months Ended in August

Oct 8, 2016

Ennis reported financial results for the three and six months ended 31 August 2016. Highlights include: Gross profit margin on continuing operations increased slightly from 29.5% to 29.6% on a sequential quarter basis.Diluted earnings ...

Tags: Ennis, financial results

Emcore Corp of Albuquerque Has Entered Into a Definitive Purchase Agreement

Oct 24, 2014

Emcore Corp of Albuquerque, NM, USA, which makes compound semiconductor-based components and subsystems for the fiber-optic and space solar power markets, has entered into a definitive purchase agreement for NeoPhotonics Corp of San Jose, ...

Tags: Tunable Laser, Transceiver Product

Futuremark Alsip Will Indefinitely Place Its Mill in Idle Mode

Aug 26, 2014

FutureMark Alsip, a company that makes coated publication and printing papers from recycled materials, will indefinitely place its mill in idle mode due to challenging market conditions in the North American coated paper market. The ...

Tags: Futuremark Alsip, Mill, Packaging

Mecox Lane Limited's Board of Directors Has Approved a Spin-off of The Company's Apparel

Aug 13, 2014

Mecox Lane Limited, a multi-brand and multi-channel retailer in China, announced that its board of directors has approved a spin-off of the Company's apparel and accessories business through the sale of Mixblu Limited and its subsidiaries ...

Tags: Mecox Lane, Accessories Business, Apparel

Maple Leaf Foods' Results for Fourth Quarter 2013 Was Reported

Mar 4, 2014

Maple Leaf Foods Inc. today reported its financial results for the fourth quarter and full year ended December 31, 2013. Adjusted Operating Earnings(1)(2)(3) for the fourth quarter was a loss of $21.7 million compared to Adjusted ...

Tags: Maple Leaf Foods, Food

Sears Canada Inc. Announced Its Unaudited Fourth Quarter and Full-Year Results

Mar 4, 2014

Sears Canada Inc. announced its unaudited fourth quarter and full-year results. Total revenues for the 13-week period ended February 1, 2014 were $1,182.3 million versus $1,307.2 million for the 14-week period ended February 2, 2013, a ...

Tags: Sears Canada, Apparel

United Dairy Power in Talks with Origo Partners Over a Sale of The Company for About $70m

Feb 7, 2014

United Dairy Power, an Australian milk supplier, is in talks with Origo Partners, a Beijing-based private equity firm, over a sale of the company for about $70m. Established in 1999, United Dairy operates two factories at Jervois and ...

Tags: Dairy, milk supplier

Citi Trends,Inc. Reported Results for The Third Quarter of Fiscal 2013

Nov 27, 2013

Citi Trends, Inc. reported results for the third quarter of fiscal 2013. Financial Highlights — Third quarter ended November 2, 2013 Total sales in the third quarter ended November 2, 2013 decreased 2.4% to $145.4 million compared ...

Tags: Apparel Retailer, Citi

Novartis Divest Its Blood Transfusion Diagnostics Unit to Grifols for $1.675bn

Nov 14, 2013

Novartis, a Swiss multinational pharmaceutical company, has signed a definitive agreement to divest its blood transfusion diagnostics unit to Spanish company Grifols for $1.675bn. The blood transfusion diagnostics unit became part of ...

Tags: Novartis, blood transfusion

SK Capital Is Expected to Close The Acquisition of The Textile Chemicals

Sep 18, 2013

SK Capital, a private investment firm with a disciplined focus on the specialty materials, chemicals and healthcare sectors, is expected to close the acquisition of the Textile Chemicals, Paper Specialties and Emulsions businesses from ...

Tags: specialty materials, Textile

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