US-based spirits manufacturer, Beam Suntory has invested in Bartesian, the creator of at-home cocktail technology to be launched in 2017. The Bartesian at-home cocktail machine creates premium cocktails on demand, combining spirits with ...
Tags: Beam Suntory, Cocktail
Premium Brands Holdings has acquired 100% of the shares of Ontario based Belmont Meat Products for $50m. The purchase price of the acquisition is subject to certain customary adjustments. Premium Brands will be paying $49.2m in cash ...
Tags: Belmont Meat Products
Mix 1 Life announced that it has acquired 100% of the shares of Scottsdale, AZ based BrandMark Products. BrandMark is an international distributor and sales agency of snack foods, beverage products and sports nutritional products. Its ...
Tags: Mix 1 Life, BrandMark Products, acquisition
US based Hispanic refrigerated foods company Del Real Foods has received an undisclosed investment from an affiliated private equity fund of Palladium Equity Partners. Del Real will utilize the investment to take its products into new ...
Tags: Del Real Foods, investment, Palladium Equity
Friedrichshafen / Stockholm – ZF Friedrichshafen AG, through its wholly-owned subsidiary ZF International B.V. (“ZF”), announced today that it has withdrawn its recommended public cash offer (the “Offer”) to ...
Tags: ZF, withdraw, public cash offer, Haldex
America’s off-road truck leader, Ram has introduced the Ram Rebel TRX concept. Ripping over pavement at speeds greater than 100 mph is an experience, but the Ram Rebel TRX concept hits triple digits in an off-road environment with ...
Tags: Ram, Ram Rebel TRX concept
The Continental Corporation has announced targeted acquisitions to expand its technology expertise. The international automotive supplier, tire manufacturer and industrial partner has acquired the tire specialist Hoosier Racing Tire ...
Tags: Continental Corporation, acquisition, technology expertise
Canada-based organic food company SunOpta has raised $85m from funds managed by Oaktree Capital Management to reduce its debt. The company said that it will utilise the funds to repay its debt and to increase financial flexibility. The ...
Tags: SunOpta, Oaktree Capital Management, fund
Private equity firm Grey Mountain Partners has acquired Mediterranean food maker and distributor Kronos Foods. Financial details about the acquisition have not been disclosed. Based in Glendale Heights, Illinois, Kronos sells gryo meat, ...
Chinese yuan or renminbi (RMB) has been included into the basket of special drawing right (SDR) of the International Monetary Fund (IMF) since Oct 1, marking a milestone in the internationalization of the RMB. Here are seven things you need ...
Tags: SDR Inclusion, RMB
US Foods has entered into an agreement to acquire specialty foods distributor Jeraci Foods to expand its reach in the Italian independent restaurant and pizzeria sectors. However, the terms of the transaction were not disclosed. Based ...
Tags: US Foods, Jeraci Foods, acquisition
US-based dairy-free firm Tofutti Brands has started a review of its strategic alternatives that include operating as a standalone or a possible sale or forming a new business combination. For the review, the company has retained BDA ...
The South Korean firm has also signed a two-year agreement for exclusive rights for sale, marketing and distribution of Mattel products. Mattel has embarked on its plans to expand in the Asian market following its majority stake ...
LED chip, lamp and lighting fixture maker Cree Inc of Durham, NC, USA has launched the QLS6A and QLS6B LEDs, which are claimed to be the brightest side-view LEDs optimized for gaming applications, delivering up to 66% higher luminous ...
Voted as a 2016/2017 Superbrand, ALNO is again one of Germany′s outstanding brands in the brand dominance, customer loyalty and brand acceptance category for the fourth time since 2009. Selected from over 1,350 nominations, the jury ...
Tags: ALNO, 2016/2017 Superbrand