Content about Law

July 1, 2010

American Sugar Refining is to buy the sugar business of UK food processing company Tate & Lyle for £211 million ($299 million) in cash, it has been announced. 

June 28, 2010

URS Corporation has announced it is to buy UK design and engineering consultancy Scott Wilson Group for $242.5 million.

The proposed acquisition will expand URS’s infrastructure capabilities in the UK across a range of markets, including rail and transit, transportation infrastructure, and ports and harbors.

June 25, 2010

In just five short years, Hunter Roberts has become a major player in the general contracting marketplace, building projects across a wide range of sectors, including residential, healthcare, commercial and institutional. Keith Regan explores the company’s primary objective: to personalize and streamline the construction management process for project owners

The founders of Hunter Roberts Construction Group all gained high-level experience while working for a large, local company and shared a common vision: to apply their knowledge in a flexible, more client-focused environment.

June 25, 2010

Ram Power, Corp. was formed through a business combination of three geothermal energy companies to develop projects in North and Latin America that offer a return on shareholders’ investment, as David Hendricks learns from executive vice president Dan Schochet

Ram Power, Corp. is a renewable energy company based in Reno, Nevada, focused on developing, owning and operating geothermal power plants. It was founded in 2008 as Ram Power, Inc., by former senior executives from Ormat Technologies, which is also in the business of geothermal energy development. “We decided to form Ram Power because we wanted to have a piece of the action, and working at Ormat wasn’t as much fun as it used to be years earlier,” says executive vice president Dan Schochet, whose primary responsibility is business development.

June 25, 2010

Ric Larson finds that a combination of modern business management strategy, innovative ideas and old-fashioned adaptability have made Werner Ladder Company the world’s largest manufacturer of aluminum, fiberglass and wood ladders, as well as scaffolding, staging and other climbing products

June 23, 2010

BASF, the world’s largest chemicals company, has agreed to buy its smaller rival Cognis for €3.1 billion including debt, it has been announced.

Germany-based BASF will buy Cognis from its owners—the US investment bank Goldman Sachs and the UK private equity group Permira—at an equity purchasing price of €700 million.

BASF said that it expects the household products additives maker to help it weather economic turbulence. BASF's core chemicals and plastics business currently relies on industries such as automotive and construction, both of which have been hit hard by the global economic crisis.

June 22, 2010

The French certification company Bureau Veritas has agreed to buy the commodities testing and inspection firm Inspectorate for £450 million from UK-based Inspicio, it has been announced.

Inspectorate ranks among the global leaders in commodities testing and inspection, a market which covers a wide range of inspection and laboratory testing services for oil and petrochemical products, metals and minerals, and agricultural products.

Founded in 1885 and headquartered in Witham, UK, the company operates from 150 laboratories in 60 countries, employing over 7,000 people.

June 22, 2010

Canada’s Biovail and US-based Valeant Pharmaceuticals International have said that they will merge in a $3.2 billion deal.

The merger will create a major Canadian-American player in the world of specialty pharmaceutical companies. Retaining the Valeant name, it will focus on four areas, including treatments for the skin and for neurology, and is expected to realize more than $175 million in cost savings by the second year.

June 21, 2010

AkzoNobel has announced the sale of its National Starch business to Corn Products International for $1.3 billion in cash.

National Starch, a subsidiary of the former UK group ICI, was taken over by Netherlands-based AkzoNobel as part of its acquisition of ICI in January 2008, but isn't considered part of AkzoNobel's core business. AkzoNobel is the largest coatings and specialty chemicals company in the world.
In 2009 National Starch had revenue of $1.2 billion from sales of specialty starches to local and multinational customers in the food, papermaking, consumer and industrial markets. With 2,250 employees around the world, it operates 11 plants in eight countries.

June 18, 2010

Open-pit and underground operations in northern Finland

May 1, 2010

More than meeting demand
Long-term relationships, shrewd investments and an excellent reputation have enabled mining company Benicon to thrive even as others falter. Andrew Pelis talks to CEO Gideon van Heerden to find out more.
It is the nature of today’s business world that small, successful companies tend to get swallowed up by the bigger corporations. Outcomes can be mixed; but for one South African mining entity, being bought out gave it just the impetus it needed for astronomical growth.

May 1, 2010

A refined approach
India’s largest oil refinery is bringing rewards to the local community as well as to its shareholders. Jeff Daniel reports.
If Mangalore Refinery and Petrochemical Limited (MRPL) of India was a football team, it would be high in the Premier League. After all, it’s the largest and most successful refinery in the whole of the sub-continent, employing some 1,250 people and generating not far short of £5 billion in sales.

May 1, 2010

A journey, not a destination
As part of the renowned Tata Group, Voltas Limited has improvement in its DNA but as its vice president of Business Excellence Prashant Karkare explains to John O’Hanlon, its definition of this word extends far beyond financial results and reaches deep into Indian society at large.
Voltas is a diverse engineering group, publicly quoted and India’s largest exporter of electromechanical projects—recent major examples include the world’s tallest building Burj Khalifa, where Voltas installed HVAC, plumbing and electrical systems, and Ferrari’s massive new theme park in Dubai where the company won the $330 million contract for the electromechanical work.

April 1, 2010

Hidden talents
A strategic decision to widen its operational scope has unearthed new mining opportunities for one company, as Jeff Daniels learns.
It takes a certain type of person to leave terra firma and choose a career in the navy. And the qualities suited for roaming the oceans of the world are as different again when it comes to choosing to go below the surface and become a submariner. 

April 1, 2010

The heart of steel
Assmang’s properties are in the Kalahari manganese field in South Africa’s Northern Cape Province, which contains some 80 per cent of the world's known high-grade manganese ore reserves, vital to the world’s steel industry. John O’Hanlon reports on major recent and projected investment at one of Africa’s largest manganese mines.
Assmang’s name is a contraction of Associated Manganese Mines of South Africa, as it was originally known when it was founded in 1935. For many years it specialised in manganese and chrome extraction, to which it added iron ore production in the early 1990s. Today it is jointly owned by African Rainbow Minerals Limited and Assore Limited and currently has three operating divisions based on its three commodities: chrome, manganese and iron ore.

April 1, 2010

Cleaning up
Man by nature is inquisitive and adventurous but as Alan Swaby learns, sticking with a winning formula can also be a rewarding business strategy.
The Dalai Lama is quoted to have said that simplicity is the key to happiness in the modern world. Often linked with IT, we have the less elegant KISS principle—‘keep it simple, stupid’. It’s the writer’s opinion that Microsoft Office would do well to follow this guide but one organisation that does seem to be reaping the benefits of keeping it simple is the South African firm August General Servicing (AGS).

April 1, 2010

Beyond the brush
Stuart Hunter, managing director of Hamilton Brush, part of the Freeworld Coating Group, talks to Jayne Flannery about the latent potential of the Hamilton brand.
When Stuart Hunter took over as managing director of Hamilton Brush last June, he was not tasked with a rescue mission. The company, which principally manufactures and markets paint brushes, paint rollers and abrasives for the retail paint market, did not need a bail-out. Rather, it could point to a solid trading history and a proud heritage dating back to London in the 18th century.

April 1, 2010

Training to gain
Subsea construction and engineering company Technip Norway provides essential infrastructure services to customers working in some of the world’s most challenging environments. Ruari McCallion reports.
French engineering company Technip, headquartered in Paris, employs more than 23,000 people across the world and generates an annual turnover in excess of €7 billion. The Technip Group’s main office in Norway is in Sandvika, a few kilometres west of Oslo, with additional facilities in Orkanger, Haugesund and Stavanger. As the leading subsea engineering contractor on the Norwegian continental shelf, Technip Norway employs around 370 people and generated revenues in excess of €400 million in 2009.

March 1, 2010

Forging ahead
Pochappan Sasindran, chief operating officer of the Vijayanagar plant of JSW Steel Ltd, tells Jayne Flannery that success comes from adding value to people’s lives as well as the product.
JSW Group is one of the fastest growing business conglomerates in India. Led by Sajjan Jindal, the organisation has grown from a single steel cold rolling mill in 1982 to a highly diversified enterprise worth $3.7 billion.

March 1, 2010

Magnetising the world
Piet Veenema, CEO of Kendrion, and Bernd Gundelsweiler, business unit manager of the company’s Passenger Car Systems division, talk to Jayne Flannery about what it takes to make an impact in the world of electromagnetic components.
In the rarefied world of electromagnetics, Kendrion is a name that stands out. The company is recognised as one of the world’s leading manufacturers of electromagnetic components. Headquartered in the Netherlands, the company has more than 1,000 employees.

March 1, 2010

Feel the thrill
On the eve of the 23rd anniversary of Morula Casino & Hotel, marketing manager Sandise Sibanda shares the secret of the resort’s success with Jayne Flannery.
Morula Casino & Hotel is one of the oldest and best known gaming venues in South Africa, with a heritage that stretches back over more than 20 years. The resort, situated about 40 kilometres north-west of Pretoria in Mabopane, is gearing up for a big celebration in 2010 to commemorate 23 years at the forefront of the industry.

March 1, 2010

Masters of all they survey
For one Johannesburg-based company, steady growth and a firm commitment to the ideals of its founders have been the bedrock of its success. Andrew Pelis finds out more.
One thing that a recession clearly defines is the more buoyant business sectors of an economy. For a company like Pentad Quantity Surveyors, identifying the best sectors to work with has helped the company through the tribulations of the last year.

March 1, 2010

Sustainability seekers
Shell Gabon is celebrating its 50th anniversary of operations in the West African country of Gabon. Roger Ratanga and Eric Soselisa explain more about the company’s approach towards sustainability and its vision for the years to come.
Sub-Saharan Africa’s fourth largest oil producer, Gabon also holds the third largest oil reserves in the region. With this resource accounting for around 80 per cent of the country’s export revenues and over 40 per cent of its GDP, it is unsurprising that oil majors including Total, Perenco, Addax and Sinopec, to name a few, have long since set up camp in the area.

March 1, 2010

On the Pulse of safety
For Technip Germany, success has been earned through dedication, vision and an industry-leading approach to safety that continues to gather momentum. Becky Done talks to CEO Mesut Sahin to find out more.
Technip Germany is part of the Paris-based Technip Group, a world leader in engineering, technologies, construction and project management for the oil and gas industry.