Toyota has introduced a new Lexus compact crossover concept vehicle, the UX Concept, at the 2016 Paris Motor Show. Designed by ED2, Lexus' design centre in the South of France, the UX Concept represents a new step in the company's design ...
Tags: Toyota, 2016 Paris Motor Show
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
Cargill reported financial results for the fiscal 2017 first quarter ended 31 August, 2016. Key measures include: Adjusted operating earnings rose 35 percent to $827 million in the first quarter, compared with $611 million in the ...
Tags: Cargill, fiscal results
Mexican soft-drink bottler Coca-Cola Femsa has signed an agreement to acquire Brazilian Coke bottler Vonpar for R3.5bn ($1.09bn). Under the terms of the deal, Coca-Cola Femsa’s Brazilian subsidiary Spal Industria Brasileira de ...
Subaru of America reveals the pricing for the 2017 Crosstrek line and the models will arrive at retailers in November, this year. The versatile, fun-to-drive Crosstrek combines bold five-door design, a highly capable chassis and in-demand ...
ZF today announced that it has increased the price per share in its public cash offer for Haldex Aktiebolag (publ) (“Haldex”) to SEK 110, valuing Haldex at SEK 4.85 billion. ZF has received agreements to sell from key ...
Tags: ZF, Haldex, offer price
Mainfreight has opened a new branch in the United Kingdom, providing the full range of air and ocean services. With this Mainfreight extends its global network to 239 branches in 21 countries. In Europe it is now present in Belgium, France, ...
Tags: Mainfreight, UK office
InfoMotion’s integrated 3PL logistics management software has gone live at Sydney-headquartered M3 Logistics, an independent specialist in warehousing and distribution for suppliers of electrical appliances. InfoMotion icsLogistics ...
Tags: M3 Logistics, InfoMotion
South African paper and packaging company Mondi Group has agreed to acquire ZAO Uralplastic-N (Uralplastic). The deal has been signed with Joint Stock Company Rusnano and a private investor to acquire Uralplastic, for undisclosed amount. ...
Tags: Consumer Packaging, Packaging
DS Smith reached an agreement to acquire corrugated producer Gopaca. The business is a well-invested corrugated producer, located near Porto, Portugal and employs c. 135 people. The acquisition strengthens our operations in Iberia, an ...
Tags: DS Smith, Gopaca, corrugated packaging
US-based beverage can manufacturer Ball Corporation has received an approval from the European Commission (EC) for its proposed £4.4bn acquisition of Rexam. The move marks the final regulatory clearance in Europe for the company to ...
Tags: Rexam, beverage can manufacturer
UK based packaging maker RPC Group has agreed to acquire packaging firm British Polythene Industries (BPI) in a deal worth about £261m ($379m). Under the terms of the deal, each shareholder of BPI will receive 470 pence in cash and ...
Tags: Polythene Industries, packaging
Mondi Group has agreed to acquire 90% stake in Turkish consumer packaging firm, Kalenobel, for €90m. The company will purchase the outstanding share capital in Kalenobel from Argus Capital and M. Olcay Hephiz, one of the company's ...
Tags: Mondi, Turkish Packaging
German automaker Volkswagen has invested $300m in Israeli ride hailing provider, Gett, which competes with Uber, Lyft, and Didi Chuxing. Volkswagen's investment comes months after General Motors injected $500m into privately held American ...
Tags: Volkswagen, automaker
The Australian Competition and Consumer Commission (ACCC) has approved the £71bn merger of Anheuser Busch InBev and SABMiller, after concluding that the deal would not affect the domestic market. The regulator's decision came after ...