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Home › merge

 

Tag: merge

Mercian Labels to merge AC Labels into its main business

2014-12-10 01:00:00| Packaging Gateway

Self-adhesive labels producer Mercian Labels will merge its wholly owned subsidiary AC Labels into its main business, effective 31 December 2014.

Tags: business main labels merge

Norbord and Ainsworth to Merge to Create Global OSB Leader

2014-12-08 13:44:50| Air Courier - Topix.net

Ltd. today announced that they have signed a definitive agreement under which they will merge to create a leading global wood products company focused on oriented strand board across The combination of Norbord and Ainsworth will create one of the largest and lowest-cost OSB producers globally, with a portfolio of high-quality assets that produce a wide range of products for residential, industrial and specialty applications. The transaction is a compelling strategic fit and offers shareholders, customers, employees and other stakeholders of both companies a significant opportunity owing to the highly complementary nature of the respective operations.

Tags: create global leader merge

TeliaSonera to Merge Danish Phone Business With Telenor Unit

2014-12-03 13:54:01| Appliances - Topix.net

Nordic phone carriers TeliaSonera AB and Telenor ASA agreed to merge their Danish businesses, the latest combination in a region where operators are seeking consolidation to boost sales and alleviate price competition. Each will own half of the joint venture, according to a statement from the companies today.

Tags: business phone unit danish

Telia, Telenor to merge Danish operations in joint venture

2014-12-03 08:51:00| Telecompaper Headlines

(Telecompaper) TeliaSonera and Telenor have agreed to merge their Danish operations into a new 50-50 joint venture. The two already cooperate on infrastructure sharing. Merging their business operations will create the leading operator in Denmark with 3.5 million mobile subscribers and an around 40 percent market share. The companies said the intense competitive pressure in the Danish market in recent years has limited their ability to invest. By combining their assets and customer bases, the operators expect to generate significant cost savings, freeing up cash for investment. Annual efficiency gains are estimated at at least DKK 800 million, with the full effect to be felt from 2019. The largest areas of synergy are envisaged to be distribution, sales and marketing and call centres, administrative costs, network and IT. Integration costs are expected to total DKK 800 million during 2015-2017. The new board of the company will have three representatives of each operator and a chairman agreed by both. A recruitment process will find the CEO of the joint venture. Closing of the deal is expected in 2015, pending regulatory approval from the European Commission. 

Tags: operations joint venture danish

The Coca-Cola Company, SABMiller and GFI to merge African bottling operations

2014-11-28 01:00:00| Packaging Gateway

The Coca-Cola Company, SABMiller and Gutsche Family Investments (GFI) are planning to combine their non-alcoholic ready-to-drink beverage bottling operations in southern and eastern Africa.

Tags: company operations african merge

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