Daimler's Mercedes-Benz will be showcasing its future mobility concepts, including its autonomous vehicle, Formula One hybrid technology and the Mercedes-AMG Project ONE car, at the upcoming Tokyo Motor Show in Japan. The smart vision EQ ...
Tags: Tokyo Motor Show, Daimler
The Hershey Company has agreed to acquire Amplify Snack Brands for about $1.6bn to boost its position in the snacking aisle and expand its portfolio of savory snacking brands. The transaction amount also includes around $600m of net debt ...
Tags: Hershey, Amplify Snack
American meat processing company Tyson Foods has selected western Tennessee as the location of its new $300m chicken production complex. Tyson Foods had originally planned to construct the project in eastern Kansas, near Tonganoxie in ...
For fiscal first-quarter 2018 (to end-September 2017), optical and photonic optical component and subsystem maker Lumentum Holdings Inc of Milpitas, CA, USA has reported revenue of $243.2m, down 5.8% on $258.1m a year ago due to softer ...
Tags: optical component, subsystem
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 ...
Canadian dairy giant Saputo has agreed to acquire Australia-based dairy processor Murray Goulburn Co-Operative (MG) for CAD1.29bn ($1.01bn). The is expected to complement the operations of Saputo's Dairy Division (Australia). Saputo ...
Tags: Saputo, dairy processor
Although the market for RF gallium arsenide (GaAs) devices (merchant and captive, but excluding foundry) rose by just 0.9% in 2016 as an anticipated drop in cellular revenue nearly offset gains in other market segments, revenue still ...
Tags: GaAs RF market, LTE
Qorvo Inc of Greensboro, NC, USA (which provides core technologies and RF solutions for mobile, infrastructure and defense applications) has been chosen to provide the RF solution for the new NB-IoT modules of machine-to-Machine (M2M) ...
Tags: Qorvo, Smart Metering
The Ferrero Group has agreed to acquire Illinois-based non-chocolate confectioner Ferrara Candy from private equity firm L Catterton for an undisclosed price to expand its US business. The transaction made by an affiliated company of ...
US-based cookie and cracker manufacturer Kellogg Company has agreed to acquire Chicago Bar Company, the maker of protein bar brand Rxbar for $600m. The addition of Rxbar, made from whole food ingredients, is expected to strengthen the ...
PAC Machinery said that it has exceeded its goals for introducing new packaging equipment at the Pack Expo / PHARMA EXPO exhibit and symposium in Las Vegas, Nevada, US. Described as the year's most comprehensive packaging event, PACK EXPO ...
Tags: PAC Machinery, Packaging
US global private equity firm, The Riverside Company, has agreed to acquire Texas-based food ingredients company Parker Products for an undisclosed price. Parker Products serves the baking, dairy, beverage, confectionery, RTE and snack, ...
Tags: Riverside, Food Ingredients, Parker Products
Lifestyle Delivery Systems has delivered the second generation oral strip packaging equipment to LDS Scientific at the Adelanto facility. The oral strips packaging equipment was cleared through customs at Los Angeles International Airport ...
US-based poultry producer Simmons Prepared Foods has announced an investment of $300m to build a new chicken operation facility in Benton County, Arkansas. Operations at the new chicken processing plant, located between Decatur and ...
Honda Foundation (a public-interest incorporated foundation created by Honda Motor Co Ltd’s founder Soichiro Honda and his younger brother Benjiro Honda) says that the Honda Prize 2017 will be awarded to Kyoto University professor ...
Tags: Power Devices