Turbon reshapes electronics manufacturing portfolio

Turbon reshapes electronics manufacturing portfolio

German manufacturer exits joint venture, gains full control of two key subsidiaries. Turbon AG has sold its 50.004% stake in Turbon Electronic Technologies GmbH, Möser, to its co-shareholder, in exchange for complete ownership of RoPro Produktions GmbH in...
Planet Image eyes $100 million boost

Planet Image eyes $100 million boost

Planet Image has filed a shelf registration in the United States to raise up to $100 million (€91 million) through the sale of equity and debt securities. The Cayman Islands-registered holding company, which operates production facilities in China operated by Aster,...
Ricoh takes full control of PFU

Ricoh takes full control of PFU

Ricoh finalises its PFU takeover, completing a digital strategy shift beyond print. Ricoh has completed the acquisition of the remaining 20% of shares in PFU Limited from Fujitsu. The deal, worth ¥22.67 billion ($152 million / €140 million), makes PFU a wholly owned...
Jadi Imaging share capital reduction

Jadi Imaging share capital reduction

The Malaysian toner producer targets RM63 million ($13.3 million/€12.4 million) reduction to bolster financial footing. Jadi Imaging Holdings Berhad has unveiled a plan to trim its issued share capital by RM63m ($13.3 million/€12.4 million), aiming to fortify its...
Brother makes move to acquire Roland DG

Brother makes move to acquire Roland DG

The company made the announcement earlier this month that it is acquiring shares of Roland DG Corporation. Brother Industries intends to buy shares at ¥5200 each ($34.54/ €31.86), aiming to start the offer in mid-May 2024, subject to certain conditions. The price...