Rigid plastics manufacturer One Fifty One’s (One51) has agreed to to acquire US-based firm Macro Plastics for around $150m. Based in Fairfield of California, Macro Plastics is engaged in the manufacturing of rigid plastic bulk bins, ...
Tags: Rigid plastics, plastics
Detroit-based auto-parts maker American Axle & Manufacturing (AAM) has agreed to acquire Metaldyne Performance Group (MPG) in a transaction worth about $3.3bn. MPG provides lightweight components for use in powertrain and suspension ...
Tags: American Axle, Metaldyne
Wolverine Worldwide reported financial results for both the fourth quarter and full year ended December 29, 2012.During the fourth quarter, the Company completed the $1.25 billion acquisition of the Performance+Lifestyle Group ("PLG") from ...
Tags: Wolverine Worldwide, Revenue, 2012
A New York-based major shareholder in OfficeMax has urged the company to sell-off its Australian and New Zealand divisions so that it can return more cash to investors. In a letter to OfficeMax CEO Ravi Saligram, Neuberger Berman managing ...
Tags: OfficeMax, transformational acquisition, operating strategy