Quest Water Global has signed a memorandum of understanding (MOU) to build and operate a commercial water bottling facility in Havana, Cuba. The water bottling facility, which will utilize atmospheric water as the source, will be operated ...
TDK Corporation and Toshiba Corporation have agreed to establish a joint venture, TDK Automotive Technologies Corporation, to develop and manufacture automotive inverters for hybrid vehicles, plug-in hybrids and electric vehicles. I. ...
Tags: TDK, Toshiba, joint venture
Skyworks Solutions Inc of Woburn, MA, USA (which manufactures analog and mixed-signal semiconductors) says that, for $76.5m, it has acquired the remaining 34% stake that it did not already own in the filter joint venture it created with ...
Greiner Packaging has established a joint venture (JV) company in India, in a bid to expand its operations in the country. The European company, along with Indian plastic packaging firm Century Ultrapack, has established a new JV firm ...
Inventions Oasis is seeking a joint venture partner to help bring to market a new patent-pending product – the Sav–A-Lot – a commercial-grade, milk and sugar dispenser designed for coffee shops and fast food restaurants. ...
Tags: Inventions Oasis, Milk, Sugar Dispenser
Siemens and Valeo have signed an agreement to establish a joint venture (JV) to develop powertrains for electric cars. The JV will have headquarters in Erlangen, Germany, and facilities in France, Norway, Poland, Hungary and China. ...
Tags: Siemens, Valeo, JV, Joint venture, Powertrains, Electric cars
Olam International and Mitsubishi Corporation (MC) have formed a joint venture called MC Agri Alliance (MCAA) in Japan for the supply of agricultural and food products. The joint venture will import and distribute coffee, cocoa, ...
Tags: Olam, Mitsubishi, MCAA
Arla and Dairy Farmers of America agreed to start a joint venture to build a small dairy plant to produce cheddar cheese. The joint venture will have a combined investment of $58m out of which Arla will contribute 20% or $11.6m. The JV ...
Tags: Arla, Diary Farmers of America, Dairy plant, Chedder cheese
Yue Yuen reported revenues rose 5.3 percent to $8.43 billion in 2015, led by growth in its network of retail stores. Net pProfits grew 17.9 percent Highlights Revenue up 5.3 percent to US$8.43 billion for the year ended December 31, ...
International Paper, a US based pulp and paper company, has signed an agreement to divest its corrugated packaging business to Xiamen Bridge Hexing Equity Investment Partnership Enterprise, for approximately $150m. Under the terms of the ...
Singapore-based food and beverage company Food Empire Holdings has entered into a joint venture agreement with Sweet Blossom Holdings with an initial investment of $13.6m. Together, the companies have set up a joint venture company ...
Tags: Food Empire, Sweet Blossom, Investment, HVPL
Wilmar International announced that its wholly-owned subsidiary, Yihai Kerry Investments has entered into two conditional joint venture agreements (JVAs) with Singapore Food Industries (SFI) today to supply certain safe and high quality ...
Tags: Wilmar, China Market
Archer Daniels Midland Company (ADM) has entered into an agreement to acquire a controlling interest in gluten-free ingredients provider Harvest Innovations. ADM's WILD Flavors and Specialty Ingredients business unit president Vince ...
Tags: ADM, ingredient needs
UK-based drinks company Diageo has reportedly said that it would challenge the claim by its Indian subsidiary United Spirits Ltd (USL) chairman Vijay Mallya, who alleged that Diageo failed to enter into a joint venture with him in the ...
Tags: emerging markets, Diageo, drinks
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