Industrial thread and craft company Coats Group has announced the acquisition of Gotex and Fast React Systems.
Ansell has announced the sale of its Onguard footwear business, including a US factory, to Dunlop Industrial and Protective Footwear for an undisclosed amount. Ansell announced the sale to the subsidiary of Dunlop Protective Footwear Holdings this morning, reports AAP. It includes a factory at Havre de Grace, Maryland. The Onguard business is claimed to … Continue reading Ansell sells protective footwear business
Beston Global Food Company Limited (BFC) has entered into contracts to acquire 51 per cent of South Australian water business, AQUAEssence.
Heavy engineering company Civmec has acquired engineering and shipbuilding company, Forgacs for $21m.
Siemens and CD-adapco have entered into a stock purchase agreement for the acquisition of CD-adapco by Siemens.
Packaging company Amcor has acquired the Californian company Deluxe Packages for $US 45 million ($61.7 million), expanding the firm’s new Flexibles Americas group.
Dow Chemical and DuPont have agreed to a merger, with the combined entity then splitting into three companies in the next 18 to 24 months.
Dow Chemical and DuPont are in “advanced merger talks”, according to reports, and a combined entity would be worth around $US 130 billion.
Raya has acquired Australian Internet of Things electronics company Xped, which has developed technologies to improve the control and monitoring of devices.
Global packaging giant Amcor has acquired Ohio-based manufacturer Enron for $US55m ($76m).
Craft brewer Mountain Goat has been sold to Japan’s Asahi Holdings for an undisclosed amount.
Australian mining services group Bradken will not merge with the Magotteaux Group, a wholly-owned subsidiary of Chilean company, Sigdo Koppers.
Carter Holt Harvey has delayed its plans for an IPO and to list on the Australian and New Zealand stock exchanges until the third or fourth quarter of this year.
Australian company Stokes Limited, founded in 1856, has sold its manufacturing operations to focus on supplying lighting and audio-visual equipment.
ASX-listed engineering solutions provider Legend Corporation will acquire “selected assets” of System Control Engineering.
The competition regulator is watching the proposed merger of Kraft and Heinz and could act if it is likely to affect competition in the Australian grocery sector.
Filipino food group Monde Nissin Corporation has acquired privately owned Australian business Menora Foods.
Brazil’s JBS has been given approval to acquire Primo Smallgoods.
Orica has announced it will carry out a $400 million share buyback over the next 12 months.
Cardia Bioplastics has announced the results of the strategic review of manufacturing from its proposed merger with Stellar Films Group.