Polaris Industries has entered into an agreement to acquire Transamerican Auto Parts (TAP), a manufacturer of off-road Jeep and truck accessories, for $665m. After adjusting for the $115m estimated net present value of future tax ...
Tags: Polaris Industries, Auto Parts
Daimler is planning to invest about €500m in new engine production plant in the Polish city of Jawor. The company signed property purchase agreement for the site with its Polish partners. Jawor is the first production site of ...
Tags: Daimler, Engine Production Plant
Stock Spirits Group has acquired three spirits brands from Bohemia Sekt for €5m to further expand its business in the Czech Republic. The brands, Prazska Vodka, Nordic Ice and Dynybyl Gin, were added to Stock Spirits' portfolio. ...
Tags: Bohemia Sekt, Stock Spirits
Molson Coors Brewing has completed its previously-announced acquisition of SABMiller's stake in their US joint venture, MillerCoors. The deal, initially signed late last year, closed the day after Anheuser-Busch InBev finalized its ...
Tags: Molson Coors Brewing, Millercoors
Constellation Brands has agreed to sell its Canadian wine business to Ontario Teachers' Pension Plan for about C$1.03bn ($786m). The sale includes Jackson-Triggs and Inniskillin wine brands and wineries, as well as Wine Rack retail ...
Tags: Constellation, Wines
Premium Brands Holdings has acquired 100% of the shares of Ontario based Belmont Meat Products for $50m. The purchase price of the acquisition is subject to certain customary adjustments. Premium Brands will be paying $49.2m in cash ...
Tags: Belmont Meat Products
In response to consumer demand for greater in-kitchen and on-the-road convenience, the San Diego seafood provider introduces cans with easy-open, pull-tab lids across multiple seafood product lines simultaneously. Starting 13 October, ...
Tags: Tuna, Salmon Recipes
US-based cereal maker Kellogg has entered into an agreement to acquire Ritmo Investimentos, a controlling shareholder of Brazilian food group Parati Group. The purchase price of the acquisition is about $429m and it will be an all-cash ...
Tags: Kellogg, emerging markets
JBT Corporation, a global technology solutions provider to high-value segments of the food & beverage industry, announced the completion of its previously disclosed agreement to purchase the assets of Cooling and Applied Technologies. The ...
Tags: beverage industry, JBT
Though the Chinese currency renminbi, or the yuan, weakened to a six-year low against the U.S. dollar Friday, analysts said a sharp drop is unlikely despite persistent depreciation pressure. The central parity rate of the yuan retreated ...
Tags: Chinese currency, renminbi
In December, China will release the first new energy vehicle industry development roadmap, possibly proposing mild hybrid cars as energy saving vehicles, as one of the moves to guide the sector's development in the world's largest electric ...
Tags: Electric Car
Grant will support food bank’s school Backpack, School Pantry, Picnic in the Park and Cooking Matters programs BOISE, Idaho (Oct. 6, 2016) — This week, the Idaho Foodbank celebrated receiving a $90,000 grant from the Walmart ...
Tags: Grant, food bank, Walmart Foundation
As a dad of three, I love planning for Halloween. My family and I start in September thinking about the perfect costumes for a fun season of parties and trick-or-treating. This year, my 3-year-old, 5-year-old and 7-year-old are obsessed ...
However, LEGO has strengthened its position in the equivalent US list, and is now the leading toy brand there with 11 products in the US top 100. Hasbro has overtaken LEGO to become the leading brand in the Amazon UK best-selling toys & ...
Blue Bell Ice Cream is voluntarily recalling all products that were made with a cookie dough ingredient supplied by a third party supplier Aspen Hills, due to the potential for them to contain Listeria monocytogenes. Listeria ...
Tags: Blue Bell, recall, Listeria monocytogenes