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Outlast: Takeover
by Investment Group
Emerged from the Ploucquet Group,
Outlast Europe GmbH, based in Heidenheim and manufacturers of climate
regulating Phase Change Materials, has been taken over by Golden
Equity Investments, a private equity firm that invests in operating
businesses.
The private equity firm Golden Equity
Investments (CFI) is based in Golden, Colorado / USA, and makes
control investments in growing businesses in a variety of consumer
and industrial markets. Outlast Technologies is a leading manufacturer
of temperature-regulating phase change materials and is currently
in the process to extend the European distribution of technical
and highly functional materials and to improve sales.>> read more
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Chinese Self-owned clothing brands |
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Nearly 100 events like 20th China International Clothing & Accessories Fair (CHIC2012), 8th China Annual Award for Clothing Brand, 2012 China International Fashion Week and China Clothing Forum were held one after another in Beijing during the last ten days of March, with assembly of the major-brand enterprises both at home and abroad. It is delighted that with the deep development of the economic globalization and international labor division, the self-owned brands in the Chinese clothing industry are blooming. >> more news |
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Lenzing Group: Good results |
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The performance of the Lenzing Group in the first quarter of 2012 was in line with expectations. Average fiber selling prices, which were down 11% on average compared to the first quarter of 2011 (minus 5.6% from the fourth quarter of 2011), could be largely compensated on the revenue side by a new record level of fiber shipment volumes. As a result of the lower average fiber prices, quarterly earnings did not match the particularly good results achieved in the prior-year quarter.
Consolidated sales amounted to EUR 528.2 mn, and were at about the same level as in the prioryear period, decreasing by 0.7% from EUR 532.1 mn in the first quarter of 2011. >> more news |
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