US-based private-equity firm Kohlberg Kravis Roberts (KKR) has agreed to provide €100m debt and equity financing to sustainable packaging provider Petainer UK. The funding will be used by Petainer to finance its capital structure and ...
Tags: KKR, Petainer, Investment
For many Australians, Frosty Boy soft serve ice cream is synonymous with summer days and childhood treats. If Chief Executive Officer Dirk Pretorius gets his way, this connection and affection towards the Frosty Boy brand will become ...
Tags: Frosty Boy, Ice cream, Dirk Pretorius, International expansion
Tampa-based World of Beer has signed a franchise agreement with Cong Yin and his partners to open its first overseas tavern in Shanghai. The tavern will commence its operations in the second quarter of this year. The franchise partners ...
Tags: World of Beer, Cong Yin, Shanghai, Tavern
C&C Group continues to ramp up its international expansion in Asia-Pacific with the announcement of its second strategic partnership this month. C&C Group is proud to confirm the signing of a new long term agreement with Coca-Cola Amatil ...
Tags: C&C Group, Coca-Cola Amatil, Partnership
UK-based chocolate manufacturer Hotel Chocolat Group is planning a floatation to raise funds for its expansion plan. The founders of the business Angus Thirlwell and Peter Harris are planning to raise £50m through placement in ...
Tags: Hotel Chocolat, Business expansion
Yorkshire-based bedding and mattress company Duvalay has appointed Jim Harrower its commercial manager, to help launch its new Hilary Devey collection. Jim joins with a wealth of experience in the bed industry. He was previously the MD of ...
Jaguar Land Rover has confirmed its plans to open a £1bn manufacturing facility in Nitra, western Slovakia. With the plant, Jaguar Land Rover will be first British car maker to set up a plant in the country and it will employ ...
Tags: Jaguar, Land Rover, engine
KonaRed Corporation, manufacturer of antioxidant juices and nutritional supplements from the Hawaiian CoffeeBerry coffee fruit from Kona, Hawaii, has announced several progress initiatives on its international expansion. Since breaking ...
Tags: KonaRed, coffee, natural food
US-based snacks manufacturer Snyder’s-Lance will acquire snack food and culinary nut company Diamond Foods for approximately $1.91bn, which includes $640m of debt. The parties signed a definitive agreement in this regard under ...
Tags: snacks, Diamond Foods
Hamleys’ French owner Ludendo is now in advanced negotiations to sell the business, talks that are now expected to end in a purchase within the next few weeks. The sale of iconic toy store Hamleys sale to a Chinese buyer is likely ...
Tags: Hamleys Sale, iconic toy store
Ajinomoto is investing JPY2.4bn ($20m) on a new production line for frozen rice products at the Oakland facility in the US, as part of its aim to boost production capacity. This line will become operational by 2016. The North American ...
US-based food manufacturer Kellogg Co is creating a joint venture with the African unit of Singapore's Tolaram Group, as part of its strategy to drive future growth in the West African market and advance its breakfast and snack food ...
Tags: Kellogg, Tolaram, breakfast, snack food
Peak Performance, Scandinavia's largest technical sports and fashion wear brand, generated revenue of DKK 953m ($154 mm) in the fiscal year ended June 30, up 2.5 percent from the prior fiscal year, or 4.1 percent in currency-neutral terms, ...
Lululemon Athletica Inc. reported second-quarter earnings declined slightly but came in better than planned with same-store sales on a currency-neutral rising 11 percent. The yoga-themed retailer raised its guidance for the year. For the ...
Paul & Shark, the luxury sportswear brand, has selected Centric Software to provide its Product Lifecycle Management (PLM) software. According to Andrea Dini, owner and CEO of Paul & Shark, the company, known for combining technical ...
Tags: luxury sportswear, sportswear