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Pernod Ricard sells Mexican RTD to Bepensa

2014-12-22 13:31:06| Beverages - Topix.net

Pernod Ricard has sold its Caribe Cooler brand, a Mexican ready-to-drink wine cooler, to Grupo Bepensa as part of a strategy to focus on its spirits and wine brands. Philippe Dreano, chairman and chief executive officer of Pernod Ricard Americas, said: "The sale of Caribe Cooler highlights both the strong positioning achieved by the brand on the Mexican market and the continuous efforts by Pernod Ricard to focus on its international spirits and wines brands in Mexico, led by Absolut Vodka, Chivas Regal and Ballantine's Scotch whiskies and Martell Cognac."

Tags: mexican sells ricard rtd

 

Ambrell Sells EASYHEATs for Oil Industry Application

2014-12-22 11:31:05| Industrial Newsroom - All News for Today

The induction systems will be used to braze carbides onto steel to create pipe grippers Scottsville, NY  Ambrell, a leading manufacturer of induction heating systems, has sold two EASYHEAT 10 kW, 150-400 kHz induction heating systems to a manufacturer of pipe grippers for the oil and gas industry. The heating...

Tags: application industry oil sells

 
 

DMCI sells shares in TPLEX operator to San Miguel

2014-12-22 06:16:52| Beverages - Topix.net

Consunji-led DMCI Holdings Inc. on Monday said it sold its stake in the tollway concessionaire for the Tarlac-Pangasinan-La Union Expressway to San Miguel Corp. for P1.83 billion. In a disclosure to the stock exchange, DMCI Holdings said the company and its subsidiary DM Consunji sold its 25.11 pct stake in Private Infra Dev Corp. to SMC's subsidiary Rapid Thoroughfares Inc. for a total of P1.83 billion.

Tags: san shares operator miguel

 

Ferro sells most of its polymer additives business

2014-12-22 04:35:05| Chemicals - Topix.net

Material supplier Ferro Corporation has sold the majority of the assets of its polymer additives business to a U.S.-based private equity firm for US$154 million in cash. Polymer Additives Inc., a portfolio company of H.I.G. Capital LLC, bought the assets from Mayfield Heights, Ohio-based Ferro Corp; assets included in the transaction are Ferro's four plants in the U.S. - in Bridgeport, N.J.; Cleveland, Ohio; Fort Worth, Tex.; and Walton Hills, Ohio - its manufacturing operation in Newport, UK; assets at the its former Baton Rouge, La.

Tags: business sells polymer ferro

 

US sells Ally Financial shares, putting an end to auto bailout

2014-12-22 03:00:14| Automakers - Topix.net

It's over. It's finally over. The automotive bailout, we mean. Surprised? Well, everyone kind of stopped talking about the bailout once Uncle Sam got his fingers out of General Motors and Chrysler , but in reality, the US government has still enjoyed ownership of a chunk auto financier Ally Financial .

Tags: end auto financial putting

 

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