France-based private equity firm Ardian has agreed to acquire Spanish bakery companies Berlys and Bellsolà with an intention to combine the two businesses. The financial terms of the deal were not disclosed by the parties. Berlys ...
Total global LED chip production capacity has entered a new peak expansionary phase in 2017, according to the latest LED market supply and demand analysis by LEDinside (a division of TrendForce). This recent surge of capacity expansion has ...
Tags: LED market, LED Chip
Netherlands-based Weener Plastics has acquired Brazilian firm Orange Products Plasticos (OPB) for an undisclosed sum. Based in Santo Amaro da Imperatriz of Santa Catarina, the OPB manufactures Roll-on Balls for deodorants. The company ...
Sofradir of Palaiseau near Paris, France – a subsidiary of Safran and Thales that makes infrared (IR) detectors for aerospace, defense and commercial markets – says that its detector Tropomi is among the instruments launched on ...
Tags: Sofradir, IR detectors
Riber S.A. of Bezons, France, which manufactures molecular beam epitaxy (MBE) systems as well as evaporation sources and effusion cells, has confirmed revenue of €12.5m for first-half 2017, up 80% on €7m in first-half 2016 (and ...
Impossible Foods launched production at its 68,000ft2 Oakland, California, production plant. The plant is now ramping up production and will eventually have the capacity to produce 1 million pounds of plant-based meat per month. ...
Tags: Impossible Foods
Nestlé has agreed to purchase US-based Sweet Earth to enter plant-based protein market. Sweet Earth produces products ranging in plant-based proteins like wheat-based seitan, tofu as wells as legumes such as lentils, chickpeas and ...
Tags: Nestle, protein market
The Reusable Packaging Association (RPA) has announced that STIHL Inc. and Goodwill Industries International are the winners of the 2017 Excellence in Reusable Packaging award. Two award categories were established in 2017: one to ...
Tags: Packaging, Reusable Packaging
Secretary of State for the Department of International trade, Liam Fox made the announcement, outlining the government’s renewed ‘commitment to helping small business seize global demand for British exports.’ UK Export ...
Tags: UK Exporters
UK-based private equity firm Mayfair Equity Partners has acquired a majority stake in bakery company Promise Gluten Free. Based in Donegal, Ireland, Promise was founded in 2011 by Declan Gallagher, Tom Doyle and Ciaran Lally. Promise is ...
Tags: Cuisine Royale, gluten
Mitsubishi Heavy Industries America (MHIA) has completed the construction of a two-train polyethylene facility in the US for ExxonMobil Chemical. MHIA, a subsidiary of Mitsubishi Heavy Industries (MHI), secured the construction order from ...
Heidelberg UK managing director Gerard Heanue has been elected as the new chairman of Picon, the confederation supporting UK printing industry manufacturers and suppliers. He succeeds Robert Flather, managing director of Kolbus UK. ...
Tags: Heidelberg, printing industry
Carlsberg UK has acquired London Fields Brewery, which was founded in 2011 in the London Fields neighborhood of Hackney. Financial details of the deal have not been disclosed. The Danish-brewing giant stated that it will operate London ...
Tags: Carlsberg UK, craft beer
Tyson Foods has completed the acquisition of AdvancePierre Foods, a provider of ready-to-eat sandwiches, snacks and other food products, for about $4.2bn. The acquisition to expands its Tyson Foods’ portfolio of prepared foods and ...
Tags: Tyson Foods, sandwiches, snacks
Hoping for a Sony PlayStation Vita 2? Your luck is out, as one Sony exec pours cold water on the prospects of another handheld in the near future. When the PS Vita launched back in Japan in 2011 (and 2012 for the rest of us), the hype was ...