Leading East African motor group CMC Holdings Ltd is poised to extend its reach. Chief executive Martin Forster talks to Jayne Flannery about the group’s expansion.

 

 

 

 

 


Just two weeks after announcing an exclusivity agreement with a view to a strategic business combination, Walter Energy and Western Coal have agreed to a C$3.3 billion merger.

Walter Energy will acquire all of the outstanding common shares of Western Coal for C$11.50 per share in cash or 0.114 of a Walter Energy share, or for a combination subject to pro-ration.


Anglo-Australian miner Rio Tinto has made a A$3.5 billion bid approach for Africa-focused Riversdale Mining, in a move likely to spark a bidding war.


Which way should you go when you arrive at a technology crossroads? Thomas R. Cutler highlights the experience of a few companies in the food industry.

 

Headquartered in Stamford, Connecticut, DeMet's Candy Company makes TURTLES and FLIPZ products. DeMet’s is dedicated to using the highest-quality manufacturing processes and working with cutting-edge technology to maintain its brands. DeMet’s Candy products are distributed through supermarkets, drug stores and virtually all channels of trade.


Bob O’Hara describes how the role of the CFO has changed from day-to-day management into that of a strategic thinker, shaping company value and exit plan strategy.

 

The conventional definition of the chief financial officer may be “manager of the day-to-day financial risks of a corporation;” however, in recent years this description has expanded with an increasing number of CFOs playing a pivotal role in building an organization’s business value toward an exit strategy.


If you treat your customers as your friends and help them grow their business, you will benefit from their success, says George F. Brown Jr.

 


Siemens Energy celebrates the official opening of its new wind turbine nacelle assembly facility in Hutchinson, Kansas, today.

"We're investing in wind in America because we believe that wind power is here to stay," said Eric Spiegel, CEO of Siemens Corporation. “The US is one of the most important wind power markets in the world and by opening our first nacelle assembly facility in the US we are closer to our customers, allowing us to better meet the strong demand for clean energy right where it's used.


Premier Foods has today responded to speculation about a bid by the Swiss consumer goods giant Nestlé to buy its meat-free range, Quorn.

Nestlé is said to have submitted an offer for Quorn via it its subsidiary Osem Group, the majority-owned Israel-based Nestlé venture that specialises in ethnic foods.


Johnson Controls, a major US-based supplier of automotive seating systems, interior components and electronics, has signed a purchase agreement to acquire the C. Rob. Hammerstein Group (CRH).

CRH is a global supplier of metal seat structures and mechanisms and is recognized for its high level of quality. CRH's headquarters and main development facilities are based in Solingen, Germany.