Global confectionary group, The Ferrero Group has completed its previously announced acquisition of Ferrara Candy Company from L Catterton through one of its affiliated companies. “We are pleased to complete this acquisition and ...
Delphi Automotive's board has approved a new powertrain spin-off into a publicly traded company, Delphi Technologies. The record date will be as of the close of trading (New York City time) on Nov. 22, 2017, and the distribution date will ...
Tags: Delphi Automotive
Crown Holdings has announced its financial results for the third quarter ended 30 September 2017. Third Quarter Highlights Earnings per share $1.32Adjusted earnings per share $1.41$62 million of Q3 share repurchases; $339 million ...
Anheuser-Busch has released a new limited-edition 1933 Repeal Reserve, a Budweiser Amber Lager in celebration of prohibition's repeal. Budweiser 1933 Repeal Reserve is inspired by an amber lager created and brewed by Adolphus Busch that ...
Tags: Budweiser Beer
Hilton Foods has agreed to acquire chilled UK fish processor Icelandic Group UK (Seachill) for cash consideration of £80.8m. The Company also announces its intention to conduct a non-pre-emptive underwritten cash placing to raise ...
Tags: Hilton Foods, Fish Processor
The high-brightness LED market will rise at a compound annual growth rate (CAGR) of 10% during 2016-2023, forecasts Occams Business Research and Consulting in its report ‘Global High Brightness LED Market Research Report Insights, ...
Tags: LED market, LED components
After narrowly missing out on entering IHS Markit’s top 10 for 2016 and first-quarter 2017, Nationstar (whose primary markets are lighting and signage) has broken into the top-10 ranking for packaged LED firms for Q2/2017, according ...
Tags: LED market, Packaged LED
American grocery store chain Albertsons Companies will buy meal kit startup Plated for an undisclosed price, in a move to attract more customers to its stores. The acquisition of the New York City based food tech company, founded in 2012, ...
Tags: food tech
Post Holdings has agreed to acquire Ohio-based sausage maker Bob Evans Farms for nearly $1.5bn to strengthen its position in refrigerated retail and food-service channels. The acquisition, which will see the American packaged foods ...
Tags: Post Holdings, Sausage
Shareholders of Refresco Group have approved the acquisition of Cott's bottling activities for $1.25bn in cash. The deal is anticipated to close in the fourth quarter of this year subject to certain closing conditions and regulatory ...
Tags: Refresco Group, bottling
Naturally Splendid Enterprises has executed a definitive agreement with Prosnack Natural Foods and and iCream Capital to acquire 100% of Prosnack. Prosnack is a Canadian company based in North Vancouver. Under the terms of its agreement ...
Tags: Natural Foods
For second-quarter 2017, POET Technologies Inc of San Jose, CA, USA — which has developed the proprietary planar optoelectronic technology (POET) platform for monolithic fabrication of integrated III-V-based electronic and optical ...
Tags: POET Technologies, sensors
Japanese automaker Nissan has agreed to sell its electric battery business to GSR Capital, a Chinese investment firm, for an undisclosed amount. As per the agreement, Nissan will be selling its battery subsidiary Automotive Energy Supply ...
Tags: Nissan, Electric Battery
Japanese brewing company Sapporo has agreed to acquire US-based Anchor Brewing for an undisclosed amount. Sapporo aims to continue Anchor’s traditions and legacy in San Francisco while growing the brand globally. Anchor Brewing ...
Tags: Sapporo, Anchor Brewing
Private equity firm GenNx360 Capital Partners has signed an agreement to sell its portfolio company Novel Ingredients to specialty ingredients provider Innophos Holdings. Novel Ingredients, which was acquired by GenNx360 in March 2014, is ...
Tags: Innophos, raw materials