Chicken producer Pilgrim's Pride has agreed to acquire JBS’ British poultry unit Moy Park for $1.3bn to expand its portfolio of prepared foods. By adding Moy Park’s operations in the UK and Continental Europe, Pilgrim's Pride ...
Tags: poultry meat, prepared 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
As part of the Special Session program at the IEEE Energy Conversion Congress & Expo (ECCE 2017) in Cincinnati, OH (1–5 October), the Power Electronics Industry Collaborative (PEIC) – a national, industry-focused member-based ...
Tags: semiconductor, supply chain
The Power Electronics Industry Collaborative (PEIC) – a national, industry-focused member-based consortium consisting of original equipment manufacturers (OEMs), material suppliers, researchers and government stakeholders in the US ...
Tags: Power electronics, GaN, SiC
Anheuser-Busch InBev (AB InBev) is merging its operations in Russia and Ukraine with Turkey's brewer, Anadolu Efes. The companies plan to merge their businesses in a 50-50 merger and create a new company to be known as AB InBev-Efes. ...
Mexican dairy company Grupo Lala has agreed to acquire Brazil-based dairy and food firm Vigor Alimentos for BRL 5.725 bn ($1.84bn). The deal follows approval by Grupo Lala’s board of directors, with the favorable opinion of the ...
Tags: dairy company, dairy products
For fiscal fourth-quarter 2017 (ended 1 July), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $149.4m (split about 50:50 between client-side/datacoms ...
Mexican dairy company Grupo Lala is nearing an agreement to acquire Brazil-based dairy and food firm Vigor Alimentos. Grupo Lala completed the negotiation process to complete the purchase of Vigor Alimentos, including its shareholding in ...
Conner Industries, a provider of integrated packaging solutions, has received from existing investors additional growth capital which, when added to the investment made in April 2017, totals $10m. The capital infusion will be used for ...
Mattel has enjoyed a spike in net sales in its second quarter 2017 financial results. The firm reported that net sales were up by two per cent as reported and up by three per cent in constant currency, versus the prior year's second ...
For fiscal third-quarter 2017 (to end-June), Skyworks Solutions Inc of Woburn, MA, USA (which manufactures analog and mixed-signal semiconductors) has reported revenue of $900.8m, up 5.8% on $851.7m last quarter and up 20% on $751.7m a year ...
Tags: Skyworks, semiconductors
Food and agriculture investment firm Arlon Group has purchased a minority stake in Brazil-based CBL Alimentos (Betania). Betânia is the largest dairy company in the Northeast Region of Brazil, producing fluid milk, dairy drinks and ...
Tags: Arlon, milk production
Multi-Color Corporation has agreed to acquire Constantia Flexibles’ labels division for around €1.15bn ($1.3bn). Once the deal concludes, Constantia Flexibles will have 16.6% stake in Multi-Color and two representatives will ...
Tags: Flexibles labels, beverage
Renewable fiber-based packaging, pulp and paper products producer International Paper has elected Christopher Connor to its board of directors effective 1 October 2017. Mr. Connor, age 61, retired as Executive Chairman of The ...
Tags: packaging, paper products
Chinese manufacturing company Truking Group has completed the acquisition of a majority shareholding in Germany-based Romaco. The sale, which was announcved in May, gives Truking a 75% stake in Romaco. Former owner, provate equity fund ...
Tags: Truking