KPS Capital Partners to acquire automotive manufacturer AM General

(adsbygoogle = window.adsbygoogle || []).push({}); Private equity firm KPS Capital Partners, through a newly created affiliate, has agreed to acquire AM General, a US-based heavy vehicle and contract automotive manufacturer, from an affiliate of MacAndrews & Forbes for an undisclosed price. AM General is engaged in designs and manufactures More...

by businessnewstoday | Published 2 weeks ago
By businessnewstoday On Friday, June 26th, 2020
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Bridgestone acquires tire management solutions provider iTrack Solutions

Bridgestone, a Japanese tire and rubber company, has acquired iTrack Solutions Business from Transense Technologies, a UK-based technology research licensing company, for an undisclosed price. iTrack Solutions provides More...

By businessnewstoday On Saturday, June 6th, 2020
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Nelson Global Products scraps deal to acquire Donaldson’s E&E business

Nelson Global Products, a Wind Point Partners company, said that it has scrapped its previously announced acquisition of Minnesota-based filtration company Donaldson Company’s Exhaust and Emissions (E&E) More...

By Soujanya Ravi On Sunday, April 5th, 2020
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LG Chem Wroclaw gets €480m EIB loan to ramp up battery production in Poland

The European Investment Bank (EIB) has granted a €480 million loan to LG Chem Wroclaw Energy to develop a battery manufacturing facility in Poland. LG Chem Wroclaw Energy is the Polish subsidiary of South Korean More...

By businessnewstoday On Sunday, March 1st, 2020
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United Airlines opens United Club airport lounge at New Orleans airport

US airline company United Airlines has opened a new 6,000-square-foot United Club airport lounge at the Louis Armstrong New Orleans International Airport in New Orleans, Louisiana. Located in the brand-new terminal More...

By businessnewstoday On Friday, February 21st, 2020
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Groupe ADP to acquire 49% stake in GMR Airports for €1.36bn

ADP acquisition of GMR Airports stake : French airport operator Aéroports de Paris (Groupe ADP) has agreed to acquire a 49% stake in Indian airport developer GMR Airports from the GMR Group for Rs107.8 billion More...

By businessnewstoday On Wednesday, February 12th, 2020
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Icahn Automotive acquires automotive service chain Tecnicentros Mundial

Icahn Enterprises’ subsidiary Icahn Automotive which owns and operates Pep Boys, a US automotive aftermarket chain, has acquired Tecnicentros Mundial, a six-location automotive service chain based in Puerto More...

By businessnewstoday On Saturday, February 8th, 2020
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Maruti Suzuki Ertiga S-CNG : BS6-compliant version of Ertiga CNG launched in India

Maruti Suzuki Ertiga S-CNG launch : Indian automobile manufacturer Maruti Suzuki has introduced the BS6-compliant version of the Ertiga CNG, at a starting price of INR8.95 lakhs (ex-showroom, Delhi). Exclusively More...

By businessnewstoday On Friday, January 31st, 2020
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Electric air mobility company AutoFlightX gets investment from TDK Ventures

Germany-based electric air mobility company AutoFlightX has secured investment from TDK Ventures, a subsidiary of Japanese electronics company TDK Corporation. AutoFlightX, which is engaged in developing electric More...

By businessnewstoday On Friday, January 31st, 2020
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VSE Corporation to sell Prime Turbines to PTB for $21m

VSE Corporation, a provider of distribution and repair services for land, sea, and air transportation assets, has agreed to sell its subsidiary Prime Turbines to PTB Holdings USA for $21 million in an all-cash deal. With More...