Stone Canyon Industries (SCI), through its subsidiary BWAY, has agreed to acquire Mauser Group, a rigid packaging products supplier, from private investment firm Clayton, Dubilier & Rice (CD&R) for $2.3bn. German firm Mauser operates more ...
Tags: Stone Canyon, Packaging
German automobile manufacturer Audi is set to further expand its business activities in the Chinese market. Together with its local partner FAW Group, the company has defined 21 key strategy fields with respective goals in a 10-year plan. ...
Tags: Audi, Chinese Market
Global speciality chemicals distributor Azelis has expanded its African operations by opening a new office in Abidjan, Ivory Coast. The new office forms part of Azelis’ commitment to invest in Africa. The company established its ...
Tags: speciality chemicals, Ivory Coast
The Everstone Group has acquired an undisclosed stake in Mumbai-based OmniActive Health Technologies for $35m. The acquisition is aimed at accelerating Everstone's growth in the fast-expanding nutraceuticals space. OmniActive is a major ...
Tags: Everstone, OmniActive
Royal Dutch Shell Chief Executive Officer Peter Voser commented: “We are moving forward in volatile times. Our profits have fallen with energy prices, but our growth strategy is delivering to the bottom line. Shell’s second ...
Tags: Royal Dutch Shell, 2012 Results
Royal Dutch Shell Chief Executive Officer Peter Voser commented: “We continue to make good progress with our strategy; improving our competitive performance, delivering a new wave of production growth, and maturing the next ...
Tags: Royal Dutch Shell, Peter Voser
Cargill has agreed to acquire Brazil-based SGS Microingredients for an undisclosed sum in a move to expand its business in the industrial oils segment. The acquisition of SGS Microingredients is said to be in line with Cargill’s ...
Tags: Cargill, Industrial Oils
Audi has developed a growth plan for its joint business with First Automobile Works (FAW) Group for the coming 10 years with eyes on sustainable growth in the brand's largest global market. The partners will intensify their cooperation in ...
Tags: Audi, FAW-Volkswagen, SUV
Frutarom has agreed to acquire 75% stake in savory solutions provider Piasa Group for approximately MXN405m ($20.5m) to foray into the Mexican market. Piasa is Frutarom’s first acquisition in Mexico, while being the fifth in the ...
Tags: Frutarom, Piasa Group
The cocoa & chocolate business of Cargill has set up its own licensed buying company (LBC) after securing a licence from the Ghanaian Cocoa Board (Cocobod). The new LBC has started operations and Cargill purchased its initial consignment ...
Cargill has agreed to offload its 10-year-old Canadian egg processing facility in Etobicoke to the Global Egg. However, the transaction details were revealed by the two companies. Following the acquisition, the facility’s 53 ...
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
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
Alita Friedman is tasked with setting yearly budgets, monitoring financial goals and liaising with WIT chairs across various initiatives to maximise profits. Women in Toys, Licensing & Entertainment has appointed Alita Friedman as the new ...
Tags: Alita Friedman, WIT treasurer, Women in Toys, Licensing&Entertainment
Anokiwave Inc of San Diego, CA, USA, which provides highly integrated silicon core chips and III-V front-end integrated circuits for millimeter-wave (mmW) markets and active electronically scanned array (AESA)-based terminals, has announced ...