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
Ardian has divested its stake in Germany-based food company frostkrone for an undisclosed sum to Emeram Capital Partners. frostkrone, which was established in 1997, manufactures frozen finger food and snack products in Europe. The ...
Tags: Ardian, snack products
Stone Canyon Industries (SCI), through its subsidiary BWAY, has agreed to acquire Mauser Group, a rigid packaging products supplier, from private investment firm Clayton, Dubilier & Rice (CD&R) for $2.3bn. German firm Mauser operates more ...
Tags: Stone Canyon, Packaging
The major problems facing China's agricultural sector are structural ones, mainly on the supply side, according to the document by the Central Committee of the Communist Party of China and the State Council. The document calls for ...
Qualcomm has shut down rumours that it revealed the as-yet unreleased Nokia 8 smartphone at CES 2017. This week, a video surfaced on the TotalTech YouTube channel depicting a so-called ‘Nokia 8’ smartphone, which was purported ...
Tags: Qualcomm, Nokia 8, smartphone
Shell has signed an agreement with Viva Energy Australia Pty Ltd (“Viva Energy”) for the sale of Shell Aviation Australia Pty Ltd for a total transaction value of approximately $250 million USD. It follows the sale of ...
China Mengniu Dairy has agreed to acquire China Modern Dairy (CMD) for HK$6.4bn ($826m) to consolidate its position in the high-end dairy products sector. As part of the deal, China Mengniu will buy 965.47 million shares in CMD from a ...
Tags: Mengniu Dairy, Dairy
SNM Global has acquired 17.5% membership interest in Brockett Beverage Group, which is an organic based corn vodka, crafted and marketed for sports and the sports fan. SNM Global CEO Troy Lowman said: "Our partnership with Game Vodka we ...
Archer Daniels Midland Company (ADM) has announced plans to expand its production capacity of sweeteners and starches at its facilities in Turkey and Bulgaria to meet regional and global demand. The American global food processing company ...
Tags: ADM, food processing
Permitting continues for the proposed Elba Liquefaction Project, which consists of 10 small-scale liquefaction units to be purchased from Shell. They will be integrated with the existing Elba Island facility and enable rapid construction ...
The Nordic Investment Bank (NIB) and the Volvo Car have signed a five-year loan agreement of SEK1bn (EUR102m) to finance the next phase of the company's R&D program. The loan will support financing for the development of new modular ...
Tags: Volvo Cars, R&D programme
On November 17, “Chinese Truck of the Year for 2017” CToY award ceremony and the Night of Press of Guangzhou International Commercial Vehicles Show were held in Guangzhou. Who is the winner? Yes, it’s the Auman EST super ...
Tags: EST Super Truck, Truck
UK-based sustainable packaging provider Petainer has introduced new rental agreements to enable its customers to access its petainerKeg blowing and filling lines. Manufactured from highly engineered advanced polymers, the petainerKeg is a ...
Tags: sustainable packaging, Petainer
SABIC plans to display an array of innovative packaging products and materials at the K 2016 trade show in Düsseldorf. Despite all available modern technology, about one-third of food produced today for human consumption still is ...
Japanese car-maker Nissan said that it will end the production of Tsuru in Mexico in May 2017. The popular Tsuru, with more than 2.4 million sales to date, has provided accessible, economical and dependable mobility for drivers across ...