Ornua has launched Kerrygold Park, a €38m Kerrygold butter production and packing facility in Mitchelstown, Ireland. The production facility will have a capacity of up to 50,000 tonnes of butter per annum and will initially employ 65 ...
Tags: Ornua, Kerrygold Park, production facility
Mercedes-Benz Vans has launched its new mid-size van, the Vito, at the Chengdu Motor Show in China. This marks another important stage of Mercedes-Benz Vans expanding its business in China, the world's largest automobile market. In March ...
Tags: Mercedes-Benz, Vito, mid-size van
US snacks firm Amplify Snack Brands has completed the acquisition of UK-based potato crisps producer Tyrrells from private equity firm Investcorp. The completion resulted in Tyrrells becoming a wholly-owned subsidiary of Amplify. For ...
Tags: Amplify Snack Brands, acquisition, Tyrrells
Cooper Standard has opened its new India headquarters and technical center in Pune, Maharashtra. Relocated from its previous location in Sahibabad, the 6,000-square-foot facility employs approximately 40 people and designs sealing ...
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Kuwait-based food distributor Mezzan Holding has acquired a 70% stake in Al Safi Food Company for SAR90.75m ($24m). This will allow the Kuwait-based company to manufacture and distribute food and beverage products in Saudi Arabia using Al ...
Tags: Mezzan, Al Safi Food Company
Arla Foods has launched a new breakfast campaign in line of its £100m commitment to encourage healthy eating habits among consumers in the UK. The dairy co-operative through a series of campaigns and initiatives aims at growing its ...
Daimler's Chinese joint venture division, Shenzhen BYD Daimler New Technology (BDNT) has introduced DENZA 400 electric vehicle for Chinese market with a range of about 400km. The vehicles are manufactured at BDNT’s independent ...
Tags: BDNT, Daimler, DENZA 400 electric vehicle
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
One of Great Britain’s most established and innovative bed makers, Harrison Spinks, has appointed a finance and business expert as head of business change, in order to drive the company forward and achieve its vision to double its ...
Glatfelter reported second-quarter 2016 net income of $2.0m, or $0.04 per diluted share compared with $2.8m or $0.06 per diluted share in the second quarter of 2015. Adjusted earnings for the second quarter of 2016 were $2.8 million, or ...
Tags: Glatfelter, Specialty Papers
UK-based packaging company Macfarlane Group has agreed to acquire Leicester based Nelsons for Cartons and Packaging (Nelsons) for a maximum of £6.75m. The deal, which is subject to certain trading conditions, is part of ...
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Valspar is expanding production capacity at its Singapore facility to meet increased demand for its food and beverage packaging products in the Asia Pacific region. The expansion is expected to come on line in 2017. "This investment ...
ABRA Auto Body & Glass acquires Four Sons Auto Glass and expands its auto glass operations in the Philadelphia market. Today's acquisition significantly expands ABRA's auto glass service area into the central and southern portions of ...
Tags: ABRA, glass service, strategic opportunities
Specialized Packaging Group (SPG), a North American engineering and protective packaging firm with over 1,000 employees across 16 plants, announced that President and CEO Paul Gaulin has repurchased Investissement Québec's stake in ...
Tags: SPG, packaging systems, Investissement
American Hydro, which was bought by Weir in 2010, supplies and installs large equipment upgrades and servicing for the hydroelectric and water distribution industries, specialising in consultancy, design and precision performance ...
Tags: American Hydro, Wartsila