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Mergers & Acquisition

Nederman Group From Sweden Acquires Luwa Air Engineering AG

Nederman signed and completed a deal to acquire 100% of the shares in Luwa Air Engineering AG, a global manufacturer and supplier of custom...

Birla Ties Up with Arvind For Wide Range Of Lifestyle Products

Birla Cellulose, has collaborated with Ankur Textile, lifestyle division of Arvind limited to launch a wide range of LIVA Fabrics with 100% modal, 100%...

RIL-JM Financial ARC Fresh Bid For Alok Industries Accepted By Majority Lenders

Reliance Industries’ resolution plan to acquire the debt ridden textile firm Alok Industries has received the nod from majority of its lenders.   In an earlier...

Americhem Expands Global Reach With Acquisition Of Prescient Color Limited

Americhem Inc. announced recently that it has acquired Prescient Color Limited, a wholly owned subsidiary of Sudarshan Chemical Industries Limited (SCIL).   Based in Pune,...

Starlinger Acquires Barmag Spinnzwirn From Oerlikon

The Austrian Starlinger Group takes over the business unit Barmag Spinnzwirn based in Chemnitz (Germany) from Oerlikon. The integration of the related technologies for...

Renova announces partial exit from its investment in Oerlikon

Pursuant to a press release issued by Liwet Holding AG, Zurich ("Liwet") on May 18, 2018, Renova has divested the majority of its shareholdings...

SHIMA SEIKI Joins the MIT Media Lab to Explore New Technologies

SHIMA SEIKI MFG., LTD. (headquarters: Wakayama city, Wakayama prefecture, Japan) has joined the Massachusetts Institute of Technology Media Lab (Cambridge, Massachusetts, U.S.A; hereinafter called...

Walmart Buys 77% Stake In Flipkart

Walmart is acquiring 77% stake in India's e-commerce giant Flipkart for US$ 16 billion. A deal that puts the valuation of Flipkart at over...

Uster closes acquisition of EVS

Uster Technologies AG has announced the successful closing of the acquisition of Elbit Vision Systems Ltd. (EVS), a world-leading high-technology supplier for automated vision...

Arvind, Adient Forge JV To Produce Automotive Fabrics For Indian Markets

Adient and Gujarat’s denim major Arvind Ltd have come together to float a joint venture titled Adient Arvind Automotive Fabrics recently. Adient is a...

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