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Osram and Continental Planning JV for Intelligent Lighting Solutions in The Automotive Sector
Nov 8, 2017Lighting firm Osram GmbH and automotive technology firm Continental AG in Germany are to establish a Munich-registered 50:50 joint venture Osram Continental GmbH combining lighting technology with electronics and software to develop, ...
Tags: Osram, Automotive, LED lighting
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FCA Denies Reports That Great Wall Motors Considering Bid for Jeep Brand
Aug 23, 2017Fiat Chrysler Automobiles (FCA) has denied reports that it received a formal bid from the Chinese automaker Great Wall Motors (GWM) with respect to sale of its Jeep brand. FCA said that it will stick to its 2014-18 growth plan and has ...
Tags: Great Wall Motors, Chrysler
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Brynwood Partners VII Buys Cold Spring Brewing Company
Aug 8, 2017Brynwood Partners VII has acquired Cold Spring Brewing Company from its current owner, the Lenore family, for an undisclosed amount. Located in Cold Spring, MN, Cold Spring is a leading beverage manufacturer that produces energy drinks, ...
Tags: Brynwood Partners, Cold Spring
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Volkswagen Launches New Mobility Services Company
Dec 16, 2016Volkswagen has launched its own mobility services company, Moia, which will focus primarily on autonomous vehicles. The move will allow the German firm to compete with Uber and Lyft. Moia will connect the car with the new mobility ...
Tags: Volkswagen, Mobility Services
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Bridgelux Acquired by CEC, Spins-off Xenio Smart Lighting Business
Nov 19, 2015Bridgelux, a leading developer and manufacturer of solid state lighting (SSL) technologies, today announced it has entered a definitive agreement to be acquired by an investment group led by the China Electronics Corporation (CEC), and ...
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Aditya Birla Has Received Shareholders' Approval for Merging Grasim Industries
Jul 10, 2015Kumara Mangalam Birla led Aditya Birla Chemicals (ABCIL) and a company of the Aditya Birla Group said it has received shareholders’ approval for merging the company with Grasim Industries. “The merger between the two companies ...
Tags: ABCIL
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Philips Sells 80.1% of LED Components and Automotive Lighting Business
Apr 3, 2015Royal Philips NV of Amsterdam, The Netherlands (the world's largest lighting producer) has agreed to sell an 80.1% stake in its combined LED components and Automotive lighting business to GO Scale Capital, a new growth-stage investment fund ...
Tags: Lumileds, Royal Philips, Electronics
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Bacardi Purchases Compass Box
Apr 3, 2015Bacardi has bought a minority stake in Scotch whisky bottler, producer and marketer Compass Box. With the investment, Bacardi has become a 'long-term' supplier through its John Dewar & Sons business to Compass Box, reported The Spirit ...
Tags: Bacardi, standalone company, Food
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Aditya Birla Chemicals and Grasim Turned Into One
Feb 13, 2015The Board of Directors of Grasim has approved the proposed merger of the Aditya Birla Chemicals (India) Limited (ABCIL), another Aditya Brila Group company, with Grasim. Grasim’s Board of Directors approved the swap ratio of 1 ...
Tags: Aditya Birla Chemicals, Grasim
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Unilever Plans to Spin off Its Business Into a Standalone Companya
Dec 9, 2014Unilever is planning to spin off its North American and European spreads business into a standalone company, as its sales have declined in recent years. The business, which includes Flora and Bertolli margarine, will be named Unilever ...
Tags: Unilever, pasta sauce
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Bemis Company Has Announced The Sale of Its Global Pressure Sensitive Materials Business
Nov 11, 2014Flexible packaging supplier Bemis Company has announced the sale of its global pressure sensitive materials business, MACtac to Platinum Equity for $170m. Bemis, that specialises in producing pressure sensitive materials for food, ...
Tags: pressure sensitive materials, MACtac business, Agriculture
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Philips Intensifying Their Focus on LED and Relevant Market
Jul 21, 2014Philips' has announced its LED-based sales grew 43 per cent during Q2. This area now represents 36 percent of total lighting sales, compared to 25 per cent in Q2 2013. The Q2 report also shows lighting comparable sales increased 1 per ...
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Ikaria Would Sell The Commercial Business to Madison Dearborn Partners
Dec 30, 2013Ikaria, Inc., a critical care company focused on developing and commercializing innovative therapies designed to address the significant needs of critically ill patients, announced today that its investor group and employee shareholders ...
Tags: Ikaria, sell the Commercial Business, Madison Dearborn Partners
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Chromaflo Technologies and CPS Color's Colorant Business Combine to Create System
Dec 4, 2013Global supplier of pigment and chemical dispersions Chromaflo Technologies and integrated tinting specialist c Color's colorant business combine to create one of the leading independent global colorant system and pigment dispersion ...
Tags: Chromaflo, CPS, Colorants Business Combine
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Transforce's Offer to Buy Vitran's Canadian Operations for Us$4.50 Per Share
Sep 27, 2013Industry analysts seem to agree that TransForce's offer to buy Vitran's Canadian operations for US$4.50 per share would be a good deal for Canada's largest LTL carrier. Walter Spracklin, analyst with RBC Capital Markets, said the deal ...
Tags: Transportation, Auto, Car
