Armajaro Holdings, a UK-based conglomerate, is set to sell its soft commodities trading unit to Swiss firm Ecom Agroindustrial, for an undisclosed amount. Both companies, which are engaged in coffee, sugar and cocoa commodities, have not ...
Tags: Armajaro Holdings, conglomerate
Indian conglomerate ITC has unveiled plans to establish a food park in Ludhiana district of the state of Punjab. The announcement was made during a meeting between ITC chairman YC Deveshwar, executive director Kurush Grant and a state ...
Canadian retail conglomerate Hudson's Bay Company has added another feather to its cap, successfully completing its previously announced acquisition of U.S. retail icon Saks Inc., the owners of department store Saks Fifth Avenue. HBC paid ...
Tags: Furniture, Furnishing
Lion, an Australian unit of Japanese conglomerate Kirin, has acquired a 9.99% stake in Australia's Warrnambool Cheese & Butter (WCB). Warrnambool operates two manufacturing facilities in South West Victoria and South Australia with more ...
Tags: conglomerate Kirin, Cheese, Butter
South Korea-based insurance conglomerate Hanwha Life has forayed into Indonesian insurance market with a strategy to gain 1.5% share of the country’s insurance market. The expansion follows the acquisition of 80% stake of PT ...
Tags: insurance, Hanwha Life, Insurance Market
An agreement amounting more than 500 million U.S. dollars between Greek- Swiss pharmaceutical and clinical research group Sellas Clinicals Holding and Chinese pharmaceutical conglomerate Fosun Pharma for the development and marketing of two ...
SPX, a US-based manufacturing and industrial equipment supplier, has secured a $26m contract from multinational conglomerate Lotte to provide dairy processing systems for expansion of the latter's manufacturing facility in Japan. As per ...
China's natural gas industry will continue to grow at a high speed through 2025 with clean energy-driven power generation showing increasing importance, bringing opportunities to both foreign and domestic companies. As the economy grows ...
Tags: Natural Gas, Clean Energy
Louis Dreyfus, a French multinational conglomerate, has signed an agreement with Brooklyn Kiev to establish a joint venture for the development of a grain terminal in Odessa, Ukraine. Scheduled to commence the first phase of its operation ...
Tags: Louis Dreyfus, Brooklyn Kiev
Dutch multinational engineering and electronics conglomerate Royal Philips has announced the launch of new anesthesia product and two patient monitoring systems. The products include IntelliSave AX700 anesthesia machine and, IntelliVue ...
Stevia Corp., a farm management company focused on the economic development of stevia, the fastest growing product in the alternative sweetener sector, is pleased to advise of its recent entry into a Memorandum of Understanding ("MOU") with ...
Tags: Stevia Corp, Food Manufacturer
Nissan and West African conglomerate Stallion Group are set to jointly launch vehicle assembly in Nigeria. This move is in expectation of final approval by the Federal Government of the new Automobile Industrial Policy, aimed at ...
Tags: Nissan, Stallion Group
Kraft Foods, a US-based food conglomerate, has introduced new PHILADELPHIA 2X Protein Cream Cheese Spread under its Philadelphia brand. The PHILADELPHIA 2X Protein Cream Cheese Spread is claimed to offer twice as much protein as regular ...
Tags: food conglomerate, Kraft Foods
Indian conglomerate Aditya Birla is set to establish a mega food park at Jagdishpur, Amethi district, Uttar Pradesh, through its Aditya Birla Nuvo's unit Indo Gulf Fertilisers, with an investment of INR1.5bn ($24.46m). The Shaktiman Mega ...
Alfa, a Mexican conglomerate engaged in car parts and petrochemicals, is looking at options to launch an initial public offering (IPO) for its processed foods division Sigma Alimentos. Sigma produces dairy and meat products under Fud and ...
Tags: Sigma Food Unit, Food