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LANXESS continues to expect record earnings for 2017 following strong second quarter
Following a good second quarter 2017, specialty chemicals company LANXESS continues to expect the highest earnings in the company’s history for the current financial year. Global sales of the company increased by almost 30 per cent to EUR 2.5 billion, up from EUR 1.9 billion a year earlier. EBITDA pre exceptionals improved by around 25 per cent to EUR 367 million, compared with EUR 293 million in the prior-year quarter. Read more
Honeywell completes acquisition of Nextnine Ltd
Honeywell (NYSE: HON) has completed its acquisition of Nextnine Ltd., which was started on June 13, 2017. Nextnine is a privately held, leading provider of industrial cyber security solutions.Read more
HOYA Corporation accomplishes acquisition of Performance Optics, LLC
HOYA Corporation (HOYA) announced the completion of the acquisition of Performance Optics, LLC, including its subsidiaries VISION EASE and Daemyung Optical. Performance Optics is a global ophthalmic lens manufacturer specialising in polycarbonate, photochromic, polarized and high index eyeglass lenses.Read more
ASSA ABLOY Acquires SMI in India
ASSA ABLOY has acquired SMI (Shree Mahavir Metalcraft), a leading OEM manufacturer of architectural hardware in India. "I am very pleased to welcome SMI into the ASSA ABLOY Group. The acquisition of SMI delivers on our strategy to grow our presence in emerging markets", says Johan Molin, President and CEO of ASSA ABLOY.Read more
