Future Mobility, a joint venture set up by Foxconn Electronics, Tencent Holdings and China Harmony Auto Holding to develop smart electric vehicles in China, will invest CNY11.6 billion (US$1.69 billion) to build a smart vehicle ...
Tags: Electronics, electric vehicles
AstroNova’s wholly owned Danish subsidiary ANI has signed an agreement to acquire European digital printing manufacturer Trojanlabel. Denmark-based Trojanlabel is engaged in manufacturing products including digital color label ...
Tags: AstroNova, Danish Digital Printing
Finland-based pulp and paper manufacturer Stora Enso has divested its 100% stake in packaging machine producer Formeca to Amitec for undisclosed amount. Formeca, Stora Enso’s Finnish subsidiary, is engaged in providing high-quality ...
Tags: Amitec, Packaging Machine
BMW is establishing a new facility to develop connected and automated driving tech in Unterschleissheim, near Munich, Germany. The BMW iNEXT is scheduled for release in 2021 – self-driving, electric and fully connected. A whole ...
Tags: BMW, automated driving tech
Chinese mapping company NavInfo and internet services group Tencent, along with Singapore wealth fund GIC have announced plans to acquire 10% stake in HERE. HERE is a German-based open location platform company owned by automotive majors ...
Canadian label and packaging maker CCL Industries has signed an agreement to acquire Innovia Group, a UK-based manufacturer of specialty co-extruded, bi-axially oriented polypropylene (BOPP) films for C$1.13bn ($842m). Innovia Group, a ...
Tags: CCL Industries, polypropylene, BOPP films
Spirits and wine firm Pernod Ricard has agreed to acquire a majority stake in West Virginia distiller Smooth Ambler Spirits. The purchase, to be made by Pernod Ricard North America subsidiary NBV Investments, is anticipated to be ...
Tags: Pernod Ricard, Spirits
UK-based packaging firm DS Smith has designed a new biodegradable and recyclable carton to pack French champagne brand Veuve Clicquot’s products. The new eco-friendly packaging solution was designed following completion of ...
Tags: Biodegradable Carton, packaging
Post Holdings has agreed to settle the egg antitrust class action claims against its subsidiary Michael Foods in the US, with a $75m payment. A class action lawsuit, In re Processed Egg Products Antitrust Litigation, was lodged in 2008 in ...
Tags: Post Holdings, Egg
Wireless \/ Bluetooth headset is the best partner with iPhone 7 and 7 Plus, the main reason is that the new iPhone phone canceled the headset interface. But buy new mobile phone users is really a headache for a long time: the delivery date ...
A dazzling, 2016 is nearing completion, the release of the mobile phone of each mobile phone manufacturers have also issued almost. To be honest, if you count the number of words, in 2016 the new machines issued by the various manufacturers ...
Two days ago to see reports that China Mobile announced the 5G business timetable, so there is a question as the title. For 5G, don't worry about it not coming, worry about it is not time. 3G is a lesson. Today's 5G and the 3G is ...
Tags: China Mobile, 5G, business timetable
US based labeling and packaging materials provider Avery Dennison has signed an agreement to acquire Hanita Coatings, an Israel-based pressure-sensitive materials manufacturer of specialty films and laminates, for $75m. The deal to ...
Tags: cold chain packaging, Coatings
Blue Paper has opened a new fully automated high stack warehouse for paper rolls in Strasbourg in France, expanding its storage capacity. The new building has space to store 12,000 tonnes of paper and is almost double the original storage ...
Tags: paper machine, Blue Paper
High cold Starbucks also to the mobile phone payment bow. In December 8th, Tencent and Starbucks jointly announced in Guangzhou officially reached a strategic cooperation, WeChat will pay from now on access to Starbucks Chinese mainland ...
Tags: Starbucks, mobile phone payment, WeChat