Beijing-based Chinese integrated steel trading and logistics services provider Minmetals Development Co. Ltd has issued its financial results for 2012, indicating a net loss of RMB 350 million ($56 million), compared to a net profit of RMB ...
Tags: Minmetals, steel trading, steel market
Japanese commercial vehicle manufacturer Mitsubishi Fuso Truck and Bus, a subsidiary of Daimler has secured an order for 641 trucks in Malaysia and Australia. The order includes 466 medium-duty Fuso Fighter trucks for Malaysian waste ...
Tags: vehicle manufacturer, Mitsubishi Fuso, Truck, Malaysia, Australia
New York City-based private equity firm SK Capital Partners, in partnership with global investment firm First Reserve Corp., has acquired TPC Group Inc. — a Houston-based producer of value-added products derived from niche ...
Tags: SK Capital Partners, First Reserve Corp, value-added products
Dutch dairy cooperative Royal FrieslandCampina has entered in to an agreement with MYWO Food to acquire cheese specialist Zijerveld and its packaging unit Den Hollander Food for an undisclosed amount. The move is part of the ...
Tags: Royal FrieslandCampina, MYWO Food, acquisition, Zijerveld
A top businessman said that the volume of overall investment is expected to top USD 45 billion over 5 years in Bahrain. Dr Essam Fakhro chairman of Bahrain Chamber of Commerce and Industry said that public sector investments are expected ...
Tags: overall investment, Bahrain, Dr Essam Fakhro, public sector investments
US-based Menasha Packaging, a subsidiary of Menasha, has acquired Rand Diversified, a full-service contract packaging and at-retail marketing company. The acquisition will enable the company to expand its business across the East Coast. ...
Tags: Menasha Packaging, subsidiary of Menasha, Rand Diversified
A new third-party logistics study highlights supply chain disruptions such as weather, pandemic and energy costs, as well as top strategies for mitigating supply chain risk. These results are part of the 17th Annual Third Party Logistics ...
Tags: 1
Owens & Minor has purchased an European healthcare third-party logistics (3PL) business, Movianto Group, from Celesio, for approximately €130m ($163m) in cash. The acquisition will enable Owens & Minor to offer healthcare ...
Tags: Owens&Minor, 3PL, Movianto Group, purchase, acquisition
Import Services has bolstered its portfolio of toy clients with Famosa. The new distribution platform will be operational from January 1st in time to support the launch of the new Furby plush line and the I Love Minnie range of dolls. ...
Tags: Toys
ProMat is presenting three separate educational tracks during the show. Each offers an expanded view into a specific topic related to material handling and supply chains. On Tuesday, the Association for Automatic Identification and ...
Brazil-based meat giant Marfrig today (14 August) booked a second-quarter profit, moving back into the black after a loss in the corresponding period last year. Marfrig, which owns the Seara brand, posted net income of BRL15.5m (US$19.1m) ...
Tags: Meat giant, Meat, net income, profit
US farmer-owned cooperative Land O'Lakes has acquired premium chilled dessert maker Kozy Shack Enterprises. The company said the acquisition was a "good strategic fit" that complimented its existing branded dairy business. Land O'Lakes ...
Tags: Land O'Lakes, Kozy Shack, acquisition, dessert
North American supplier of containers and closures Berlin Packaging has announced the acquisition of Lerman Container, a packaging distributor in the US, for an undisclosed amount. The acquisition will expand Berlin Packaging's presence ...
Global packaging firm Tetra Pak has unveiled the Guaranteed Performance solution for its customers at the Anuga FoodTec 2012, the international food technology fair currently being held in Cologne, Germany. The comapny said Guaranteed ...
Creative Edge Nutrition,a nutritional supplement company,has acquired Innovative Fulfillment,a provider of fulfillment and other logistics services businesses within the direct to consumer channel. Innovative Fulfillment provides services ...
Tags: Innovative Fulfillment, services, reporting, statistics, acquisition