Private equity firm Kohlberg & Co has given up its bid to purchase iconic piano maker Steinway Musical Instruments.
National packaging group, Pro-Pac Packaging, has acquired Eco Food Pack Australia, which develops and sells food packaging trays for fresh meat, seafood and poultry.
Slightly under half of Australian clothing brand R.M. Williams has been sold to a Singaporean private equity firm backed by France’s LVMH Moët Hennessy Louis Vuitton, though the brand will continue to be made in Australia.
HSBC’s China Outbound survey has found that, when it comes to investing in Australia, the nation is favouring high-end manufacturing and non-mining categories over mining.
Stokes (Australasia) Limited will sell off its Stokes Badges business.
Autodesk vendors AEC Systems, KarelCAD, and ADA CADPartners have merged.
Packaging company Amcor will cut 300 jobs at three sites in Victoria and Queensland, with the high Australian dollar and high costs blamed.
Nebraska headquartered Valmont Industries has acquired Locker Group Holdings, a Melbourne-based supplier of infrastructure and engineering products.
The Australian Competition and Consumer Commission has announced it will not opposed the acquisition of Boral’s NSW masonry business by Austral Masonry.
A consortium led by VF Corporation has emerged to challenge the Paul Naude-led coalition attempting to buy surfwear maker Billabong.
Food manufacturer Goodman Fielder has announced that it is selling its Champion Flour Milling business to Japan’s Nisshin Flour Milling for $51 million.
After months of discussions, GE mining has finalised its $700 million purchase of Australian mine equipment manufacturer Industrea.
Capilano Honey has announced it will acquire a number of WA honey company Wescobee’s assets.
PaperlinX has announced it will acquire Canterbury Packaging NZ.
Madison Technologies has acquired Test Equipment Solutions, a distributor of test and measurement brands and provider of electrical and electronic calibration services.
A.P. Eagers has acquired a huge stake in fellow automotive company Automotive Holdings Group.