Samsung has acquired connected car tech firm Harman for $8 billion in what is the South Korean company's largest ever acquisition. Harman produces various types of connected technologies for vehicles, and Samsung, which relies heavily on ...
Tags: Samsung, Connected Car
Olam Cocoa opened a new Cocoa Product Development & Innovation Centre at its llhéus processing facility in Brazil. The announcement was made to mark the 70th anniversary for Olam Cocoa’s leading Brazilian cocoa brand, Joanes, ...
Tags: Olam, Cocoa Product
Mac Papers, the merchant distributors in the Southeast US, announced Chris Streibig will be its new paper sales manager for the company’s Miami branch, effective 1 January. In this new role, Streibig will be responsible for managing ...
Orbis, an international manufacturer of reusable packaging and supply chain optimization expert, has names David Heer as the senior commercial director for Orbis Europe. In this new role, Heer is responsible for leading the ORBIS reusable ...
Meadow Foods has raised funds from Paine & Partners to grow its business through organic expansion and acquisitions. While the US-based Paine & Partners is a global food and agribusiness investment firm, Meadow Foods is a UK-based ...
Tags: Meadow Foods, Paine&Partners, funds, Expansion
The Gorman-Rupp Co subsidiary Patterson Pump Co has completed a letter of intent to acquire Morrison Pump Co. Founded in 1999, Hollywood, Florida, USA-based Morrison manufactures and services large capacity pumping systems primarily for ...
Tags: Morrison.Gorman-Rupp
With a history of more than half a century, fastener production is today one of Taiwan's most globally competitive industries in the southern region. This achievement is attributable to insiders' efforts on moving forwards high value-added ...
Tags: fastener industry, Taiwan
Computer Sciences Corporation (CSC) announced a new usage-based insurance (UBI) and telematics insurance product that can help insurers price new products based on driving behaviors. The new UBI offering incorporates digital claims, ...
Kush Bottles, a supplier of packaging solutions and accessories for the legal cannabis industry, announced the launch of the marijuana industry's first online system that allows customers to design custom-branded packaging solutions. This ...
Tags: Kush Bottles, generic packaging
Luxembourg-based packaging maker Ardagh has signed an agreement to acquire certain metal beverage can manufacturing facilities in Europe, Brazil and the US from US-based beverage can makers Ball and Rexam for $3.42bn. The deal is a ...
Tags: Beverage Can, metal can
US-based flexible and rigid packaging solutions provider Bemis has agreed to acquire medical device packaging operations and related value-added services from SteriPack Group for an undisclosed sum. As part of the transaction, Bemis will ...
Tags: Bemis, Acquisition, Medical device packaging, SterPack Group
Olam International and Mitsubishi Corporation (MC) have formed a joint venture called MC Agri Alliance (MCAA) in Japan for the supply of agricultural and food products. The joint venture will import and distribute coffee, cocoa, ...
Tags: Olam, Mitsubishi, MCAA
DuPont Pioneer and Origin Agritech Limited announced a commercial licensing agreement to develop new seed technologies for Chinese farmers. This combined effort will contribute to the modernization of China's agriculture system and ...
Tags: DuPont Pioneer, Origin Agritech, New Seed Technology, Farmers
eDriving has acquired Interactive Driving Systems, a global provider of fleet driver safety management solutions through its Virtual Risk Manager (VRM) platform and Mentor eData, a consumer-focused telematics app and analytics provider. ...
Tags: eDriving, Interactive Driving Systems, VRM, Mentor eData
Earnings before interest and taxes (EBIT) were DKK2.0 billion in 2015, up from DKK861 million a year earlier. The pump group’s profit after tax reached DKK1.45 billion, compared with DKK503 million in 2014. Meanwhile group revenue ...