Mondelez International has bought the remaining 20% stake in Vietnamese food company Kinh Do’s snack unit for VND 2tn ($90m) as part of its expansion strategy in emerging markets. In November 2014, Mondelez had agreed to buy 80% of ...
Cooper Standard has entered into an agreement with AMI Industries to acquire the automotive fuel and brake business of AMI Industries and related companies. The North American business was acquired in this transaction effective August 15, ...
Tags: Cooper Standard, AMI, automotive fuel
French-based private label biscuit maker Biscuits Bouvard has acquired Belgian pastry manufacturer Pidy for undisclosed sum. Pidy, which specializes in manufacturing ready-to-fill sweet and savoury products, has production facilities in ...
Tags: label biscuit, biscuit
Jaguar Land Rover has opened its first wholly-owned manufacturing plant outside its home market of the UK. The company inaugurated a £240m manufacturing facility and education business partnership centre in the state of Rio de ...
Gardening product production makes up a significant part of Taiwan's hardware industry.Garden tools along with related accessories, which totally generate export revenue of around US$95 million on average every year, are a major contributor ...
Tags: Gardening product, garden tools
Flexible liquid packaging solutions provider Liqui-Box has signed an agreement to acquire both the engineering and flexible operations of South Africa-based Maverick for undisclosed amount. Liqui-Box is a portfolio company of private ...
Tags: Liqui-Box, Flexible Operations
Ford Motor is formulating and testing new foam and plastic components using carbon dioxide as feedstock. Researchers expect to see the new biomaterials in Ford production vehicles within five years. Formulated with up to 50 percent ...
US-based drinks can maker Ball and Rexam have agreed to sell $3.42bn of assets to Luxembourg-based packaging maker Ardagh in order to gain regulatory approval for the proposed £4.43bn merger. The merger, which is due to be completed ...
Tags: drinks can, Ball and Rexam
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
Transilwrap Company, a manufacturer of specialty film products, has signed a letter of intent to acquire the specialty films business of US based Dow Chemical. Dow's specialty films business provides film solutions used in medical, ...
Tags: Transilwrap, Film products, Dow Chemical
French dairy processing company Saputo is planning to close three manufacturing facilities in Canada located in Sydney (Nova Scotia), Princeville (Québec) and Ottawa (Ontario). The plant closures are expected to take place in ...
Tags: Saputo, Manufacturing Plants
Coca-Cola bottling firms Kandhari Beverages and Enrich Agro Food Products are planning to invest Rs5.1bn ($75.6m) to build manufacturing lines in Haryana state. A memoranda of understanding in this regards has been signed by the two ...
Tags: Coca-Cola Bottlers, Food Products
Construction has started on the Mondelēz International’s $90m biscuit manufacturing factory in Bahrain with scheduled completion expected later this year. Mercury Middle East WLL (Mercury Mena) is the project's general ...
Tags: Biscuit, raw materials
Ball Corporation is planning to invest in the expansion of its manufacturing plant in Velim, Czech Republic, in a bid to cater to increasing demand for its impact extruded aerosol cans in Europe. As part of the proposed expansion, Ball ...
Tags: Ball Corporation, expansion, Packaging
Archer Daniels Midland Company (ADM)’s certification program for global soy suppliers ADM Responsible Soybean Standard has gained recognition from the European Feed Manufacturers' Federation (FEFAC) and the International Trade Centre ...
Tags: ADM, soy, protein-meal