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McCain Foods sells frozen pizza business

2014-09-11 15:53:49| Food - Topix.net

McCain Foods, Florenceville, Canada, signed a deal in August to sell its North American frozen pizza business to Dr. Oetker GmbH, Bielefeld, Germany. Financial terms were unavailable.

Tags: business pizza foods frozen

GE Sells Its Appliance Business To Electrolux, Narrows Focus On Industry

2014-09-09 23:19:04| Appliances - Topix.net

While I did not predict GE would sell off its appliance division, the move is in line with the strategy I identified then. General Electric is selling its appliance business to Electrolux for $3.3 billion.

Tags: on business industry focus

Bemis sells pressure sensitive materials business for $170M

2014-09-08 17:38:00| Canadian Plastics Headlines

In a move designed to fund the growth of its flexible packaging segment, packaging supplier Bemis Co. Inc. is selling off its pressure sensitive materials business to private equity firm Platinum Equity LLC for US$170 million.

Tags: business materials pressure sensitive

General Electric Sells Appliance Business For $3.3 Billion

2014-09-08 17:12:02| Appliances - Topix.net

General Electric announced the sale of its storied appliance to with Sweden's Electrolux , in a $3.3 billion transaction that also includes the sale of GE's 48.4% stake in Mexican appliance company, Mabe. GE had a product development and manufacturing joint venture with the Mexican firm.

Tags: business general electric billion