Unilever has agreed to divest its South African spreads business to Remgro as part of a ZAR11.9bn ($900m) worth deal with the investment firm. Under the terms of the agreement, Unilever will buy Remgro’s 25.75% stake in Unilever ...
Tags: Unilever, food, personal care products
American grocery store chain Albertsons Companies will buy meal kit startup Plated for an undisclosed price, in a move to attract more customers to its stores. The acquisition of the New York City based food tech company, founded in 2012, ...
Tags: food tech
Chicken producer Pilgrim's Pride has agreed to acquire JBS’ British poultry unit Moy Park for $1.3bn to expand its portfolio of prepared foods. By adding Moy Park’s operations in the UK and Continental Europe, Pilgrim's Pride ...
Tags: poultry meat, prepared foods
As part of the Special Session program at the IEEE Energy Conversion Congress & Expo (ECCE 2017) in Cincinnati, OH (1–5 October), the Power Electronics Industry Collaborative (PEIC) – a national, industry-focused member-based ...
Tags: semiconductor, supply chain
Constantia Flexibles has invested approximately €6m to meet increasing demand for specialty laminates with high property barriers for confectionery, coffee, dry food and snacks as well as processed meat industries. The company ...
Tags: Constantia Flexibles, packaging
The US House has approved a proposal to accelerate the deployment of self-driving cars. The bill, known as the Self-Drive Act, is yet to become a law. When enacted, the law will enable auto-makers and tech companies to test 25,000 ...
Ardo has acquired a majority stake in VLM Foods, a supplier of processed food in North America. Besides VLM Foods, the deal includes a controlling stake in Compañia Frutera La Paz S.A., Costa Rica’s largest frozen pineapple ...
Asahi Photoproducts, a subsidiary of the Asahi Kasei, has added three new team members to its European team. Stephan Doppelhammer, André Jochheim and Dennis Hubbeling each add their deep understanding of flexographic printing for ...
Tags: Asahi Photoproducts, Packaging
Japanese automaker Nissan has unveiled a longer-range version of its Leaf electric vehicle (EV). The company has so far sold more than 112,000 Leaf EVs in the US and over 283,000 globally. The new model of the electric vehicle will be ...
Bosch has revealed what it describes as a start-up powertrain for electric vehicles. It’s now common knowledge that a more powerful battery will increase an electric car’s range. But can a new powertrain have a comparable ...
Tags: electric vehicles, powertrain
US-based private equity firm L Catterton has offered to buy 27.9% stake in Scottish craft brewery Innis & Gunn for £15m. Founded in 2003, Innis & Gunn claims to have risen to the second position for a craft brewer in the UK ...
Tags: L Catterton, craft brewery
Porsche unveiled the new 2019 Cayenne, which builds on the formula that started in 2003 while pushing performance boundaries even further through new technologies that significantly improve on-road performance and comfort. The new Cayenne ...
Tags: Porsche, Cayenne Models
Kingsmoor Packaging has installed Atlas Copco’s GA90 VSD compressor in an effort to accelerate the production capacity and enhance energy efficiency. Somerton-based Kingsmoor has been into designing and manufacturing of thermoformed ...
Tags: Kingsmoor Packaging, Compressor
Kingsmoor Packaging, a Somerset-based thermoforming company, has developed food grade packaging solutions for Irish food company Greencore’s grab and go lunch options. Kingsmoor has provided around four packaging solutions for 11of ...
Tags: Kingsmoor Packaging, Packaging
Premier Foods has entered into a strategic global partnership with Mondelēz to renew its license of producing and marketing Cadbury branded cakes and other ambient dessert products. This is further to the announcement on 8 May 2017 ...
Tags: Premier Foods, Cadbury Cake