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

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

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

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

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

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

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

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

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

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...