Sandvik Machining Solutions is reviewing additional efficiency measures and as such envisages the possible closure of the manufacturing facility in Fondettes, France, whilst relocating the produced volumes to other facilities within Sandvik Machining Solutions. The planned action would generate savings at an annual run-rate of an estimated 100 million SEK.
Penske Media Corporation (PMC) today announced its acquisition of ARTnews and Art in America as part of the overall acquisition of Art Media Holdings, LLC, the largest independent art publishing group that also includes The Magazine ANTIQUES and MODERN Magazine.
Ricoh Company, Ltd. today announced that the company has reached an agreement to buy ColorGATE Digital Output Solutions GmbH (hereafter “ColorGATE”), a leading software provider in the printing industry with a specific competence in color management. This acquisition is designed to strengthen Ricoh’s growing industrial printing business. The transfer of shares is scheduled to complete on November 30, 2018.
Arkema is expanding in engineering adhesives with the announcement of the acquisition of Afinitica, a Spanish company specializing in instant adhesives, also known as cyanoacrylates. This small targeted acquisition will enable Bostik to develop a solid position in adhesives used in markets with strong growth potential, including electronics and medical equipment, and in many other durable goods manufacturing applications.
Acquisition supports the growth strategy of the Klingele Group abroad
Meredith Corporation (NYSE:MDP; www.meredith.com) today announced an agreement to sell the FORTUNE media brand for $150 million cash to Fortune Media Group Holdings Limited, wholly owned by Chatchaval Jiaravanon. The transaction is subject to regulatory approval and is expected to close in 2018.
Canfor Corporation (TSX: CFP) announces it has entered into an agreement to purchase Elliott Sawmilling Co., Inc. located in Estill, South Carolina ("Elliott") for a purchase price of US$110 million, which includes normalized working capital.
Sandvik Coromant, a division within Sandvik Machining Solutions, has reached an agreement to acquire the privately owned US-based company Dura-Mill Inc, a manufacturer of precision solid carbide end mills. The acquisition enhances an already strong position and product offering in North America and primarily within the Aerospace segment.
- Together, SAP and Qualtrics to accelerate the new XM category by combining experience data and operational data to power the experience economy
- Creates a highly differentiated offering for businesses to deliver superior customer, employee, product, and brand experiences
- Ryan Smith to continue to lead Qualtrics; Qualtrics to maintain dual headquarters in Provo, Utah, and Seattle, Wash.
Excellent trainer: IST Metz is among the 154 best training companies out of more than 700 evaluated companies
Lew's Holdings Corporation ("Lew's"), a rapidly growing supplier of fishing and hunting products with industry leading brands, including Lew's, Strike King, and Hunters Specialties, announced today that it has acquired Southern Plastics Company, Inc. ("Southern Plastics"), a leading manufacturer of soft plastic fishing lures.
Stora Enso’s Capital Markets Day takes place in Helsinki on Wednesday 7 November. The theme of the day is “Creating value in the bioeconomy”.
Tekni-Plex, Inc. has acquired Beyers Plastics, Puurs, Belgium, a cleanroom Class 7 extruder and converter of polyethylene (PE) film, from investment company FAMO N.V.
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