Manufacturing NEWS
Rolls Royce strengthens civil nuclear operations with PKMJ acquisition
British industrial and engineering group Rolls-Royce Holdings Plc (LON:RR) on Tuesday said it had taken over US nuclear engineering services provider PKMJ Technical Services, in a move to grow its global civil nuclear … Continue reading “Rolls Royce strengthens civil nuclear operations with PKMJ acquisition”
US biotech firm Questcor acquires Canadian BioVectra
US biopharmaceutical firm Questcor Pharmaceuticals Inc (NASDAQ:QCOR) said it had inked a definitive accord to buy Canadian BioVectra Inc, a provider of manufacturing services to the pharmaceutical and biotechnology sector. Questcor will acquire … Continue reading “US biotech firm Questcor acquires Canadian BioVectra”
Dutch chemical group AkzoNobel disposes of North American decorative paints unit for $1bn
Dutch paints, coatings and chemicals group AkzoNobel NV (AMS:AKZA) on Friday said it would sell its decorative paints business in North America to US sector player PPG Industries Inc (NYSE:PPG) in a deal … Continue reading “Dutch chemical group AkzoNobel disposes of North American decorative paints unit for $1bn”
Mexican Coca Cola bottler Femsa acquires Coca Cola bottling unit in Philippines for $689m
Coca-Cola Femsa SAB de CV (MXK:KOFL), the bottler of Coca Cola in Mexico, said on Friday it would pay USD688.5m (EUR525.3m) in cash to buy 51% in The Coca-Cola Company’s (NYSE:KO) bottling unit … Continue reading “Mexican Coca Cola bottler Femsa acquires Coca Cola bottling unit in Philippines for $689m”
Spain’s Enagas to acquire a 90% stake in Naturgas from EDP
Spanish natural gas transportation company Enagas SA (MCE:ENG) said it had agreed to take a 90% stake in sector firm Naturgas Energia Transporte SAU from Portuguese electric utility Energias de Portugal SA (ELI:EDP), … Continue reading “Spain’s Enagas to acquire a 90% stake in Naturgas from EDP”
Dutch CNH Global considers merger with Fiat Industrial
Dutch agricultural and construction equipment group CNH Global NV (NYSE:CNH) said it had put together a special committee of independent directors to review the business combination proposal received from Italian majority owner Fiat … Continue reading “Dutch CNH Global considers merger with Fiat Industrial”
Private equity firm KKR agrees to acquire German coffee machines maker WMF
US private equity major Kohlberg Kravis Roberts & Co LP (NYSE:KKR) unveiled on Friday plans to buy German coffee machines and kitchen- and tableware maker WMF Wuerttembergische Metallwarenfabrik AG (ETR:WMF). KKR, through its … Continue reading “Private equity firm KKR agrees to acquire German coffee machines maker WMF”