Africa News Line Wednesday, 06.19.2024, 3:58 PM
Welcome Guest | RSS
Site menu

Main » 2013 » December » 23
LOS ANGELES - Sunday, December 22nd 2013 [ME NewsWire]

(BUSINESS WIRE)-- Revolution Capital Group announced today that it has completed an acquisition of Tvilum ApS, a subsidiary of Masco Corporation (NYSE: MAS). Masco is one of the world's leading manufacturers of home improvement and building products, with an annual revenue exceeding $7 billion in 2012. Tvilum is one of the world’s largest manufacturers of ready to assemble (RTA) products. This acquisition marks Revolution’s third acquisition of the year, and the firm’s seventh since inception.

"This is a truly global business that fits well with Revolution’s strategy to expand our portfolio into Europe. It affirms our commitment to acquire outstanding businesses and drive growth in international markets,” said Robert Loring, Founder and Managing Partner of Revolution Capital Group.

Tvilum has four state-of-the-art factories which produce 8 million items of furniture annually. Tvilum’s products are manufactured ... Read more »
Views: 312 | Added by: uaeonlinenews | Date: 12.23.2013

ME Newswire / Business Wire

DALLAS - Sunday, December 22nd 2013

    Plant expected to make a significant contribution to area economy; create 500 jobs
    Second new plant located on the Marcellus Shale gas formation
    Goldman Sachs, Credit Suisse, Ares Capital, Union Bank and Investec arranged debt financing
    Natural gas-fueled generating station will power up to 1 million homes
    Gemma-Lane Patriot Partners to build plant with Siemens Energy technology

Panda Power Funds today announced that it has completed the acquisition and successful financing of Moxie Energy’s planned 829-MW natural gas-fueled, combined-cycle "Patriot” generating station, located in Lycoming County, Pennsylvania. When completed, the Patriot project will be the second new power plant in the Keystone State — after Panda’s "Liberty” power plant — specifically developed to take advantage of its proximit ... Read more »
Views: 337 | Added by: uaeonlinenews | Date: 12.23.2013


Entries archive

«  December 2013  »