German private equity firm, Deutsche Beteiligungs (DBAG) is looking to have a major presence in the European chilled convenience product market after agreeing to acquire Abbelen and Oscar Mayer through its top-up fund, DBAG Fund VII. ...
Tags: ready meals, snacks
Because of rising demand for cloud computing, shipments of server and rack products have increased, and revenues at Taiwan's server motherboard, storage and network equipment players grew 4.8% on year to reach around NT$559 billion ...
Tags: server, rack products
Everlight Electronics has disclosed it will expand its annual LED packaging capacity from 4.5 billion chips currently to 5.5 billion, with most of the additional capacity to be used for fine pixel pitch displays and automotive lighting. ...
Tags: LED packaging, LED lighting
Despite seeing an on-year drop of 11.2% to achieve consolidated revenues of NT$893.98 billion (US$29.59 billion) in 2016, Quanta Computer still managed to become profitable with profits reaching NT$46.59 billion, up 0.4%, on gross margins ...
New Zealand exporters will soon be allowed to send chilled meat to China under a new agreement signed by the two countries. Significant revenues are expected to be made by the New Zealand meat sector following a Memorandum of Cooperation ...
Tags: chilled meat, frozen meat
JBS USA has agreed to acquire Plumrose USA, the bacon and deli-meats business of Denmark's Danish Crown, for $230m. The acquisition is in line with JBS' plans to diversify its product portfolio and expansion of prepared foods and branded ...
Tags: deli-meats, bacon
Sanderson Farms has selected sites in Smith and Wood Counties for building a new feed mill, hatchery, poultry processing plant and waste water treatment facility. These facilities will comprise a state-of-the-art poultry complex with the ...
Tags: Sanderson Farms, Poultry Complex
German authorities have raided Audi’s offices and homes of several officials over the emissions test cheating scandal by its parent firm Volkswagen. The authorities allege that Audi engineers and managers might have installed the ...
German luxury car-maker BMW plans to launch 40 new or revised models under its brands BMW, Mini and Rolls Royce by 2018 as it looks to compete against its rival Mercedes. The company will focus on top end and premium segments in its ...
Tags: BMW, luxury car
Oregon-based hand-crafted spirits company Eastside Distilling has acquired MotherLode Craft Distillery, a bottling services provider. Since its founding in 2014 by Allen Barteld, the mission of MotherLode has been to enable craft ...
Tags: MotherLode, Craft Spirits
Taiwan-based consumer IC suppliers are expected to report revenue growth of over 20% sequentially for the second quarter, while handset-related IC firms expect sales to recover from the bottom seen in the first quarter, according to ...
Tags: LCD driver, IC
The "Made in China 2025" (MIC 2025) plan, published by the China State Council in May of 2015, has demonstrated the country's ambition to enhance its fabless IC design industry in terms of market share and technology capability. Major ...
Tags: IC design, mobile device, PC
China's centrally administered state-owned enterprises (SOEs) performed well in the first two months of 2017 thanks to a stabilizing economy and better management, the state assets regulator said Thursday. Combined profits of China's ...
Glanbia Co-op has proposed to create a strategic joint venture named Glanbia Ireland encompassing Glanbia Ingredients Ireland, Consumer Products & Agribusiness. Glanbia Co-op also proposes a €100m “spin-out” of Glanbia ...
Tags: Glanbia, Premier Milk
China's mechanical industry developed rapidly last year, buoyed by the fast-growing auto and electrical appliance segments, China Machinery Industry Federation said Thursday. The auto sub-sector contributed nearly 60 percent of the ...