Showa Denko (SDK), Showa Aluminum Can (SAC) and Carabao Group have agreed to set up a joint venture (JV) to manufacture and sell aluminum cans in Thailand. The joint corporation is part of CBG’s plan to meet its increasing demands ...
Tags: Showa Denko, Aluminum Cans
Spirits-marketer Castle Brands has acquired an additional 20.1% stake in Gosling-Castle Partners, a global export venture with the Gosling family. GCP holds the exclusive long-term export and distribution rights for Goslings Rum and ...
Tags: Castle Brands, Ginger Beer
Pernod Ricard has completed the sale of Domecq brandies and wines to Bodega Las Copas, a joint venture between Emperador Group and González Byass, for €81m. The sale includes Pernod Ricard’s portfolio of brandies ...
Tags: Pernod Ricard, Wines
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 ...
Coca-Cola and several of its bottlers in Latin America have acquired the AdeS soy-based beverage business from Unilever. The transaction was first announced on 1 June 2016. Founded in 1988 in Argentina, AdeS was the first major ...
UK-based Tamar Packaging Solutions has purchased Edale 7-color FL5-510 carton press in a bid to improve its operational efficiency. The carton press with combination drying is being installed at Tamar's food contact packaging facility, ...
Tags: Tamar Packaging, Packaging
UK fresh fruit and veg supplier Fresca Group has formed a joint venture (JV) with Colombian Hass avocado grower Cartama. The joint venture company, dubbed Cartama UK, will handle the commercialization of the avocados produced by the ...
Tags: fresh fruit, Fresca Group
Fossil has announced a huge range of new Android Wear 2.0 smartwatches and hybrid watches at Basselworld 2017. The company revealed plans for more than 300 styles across 14 brands, including wearables for companies such as Armani, Diesel, ...
Tags: Fossil, Wear 2.0 Smartwatch
The triple-digit million euro order includes the supply of six reactor coolant pumps - type RSR 750 - each driven by a 10 000 V high-voltage motor with a rating of 6600 kW. The maximum flow rate of each pump and motor set is around 24 500 ...
Tags: Pump, Power Plant
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
Mars Symbioscience, the health and life sciences venture of confectionery giant Mars, has launched a new cocoa extract food supplement in the UK and Ireland. The food supplement product, CocoaVia, has been made available for online ...
Tags: Cocoa Extract, Extract
Daimler is planning to open a new facility in Russia for the production of Mercedes-Benz cars. At Esipovo Industrial Park, about 40 kilometers northwest of Moscow, a flexible production of SUVs and the E-Class Sedan will be established. ...
Tags: Daimler Plans, Passenger Car
Cascades Sonoco, a joint venture of recycled fibre packaging company Cascades and Sonoco, is planning to invest approximately $16m at its facility in Birmingham, Alabama, US to support development of new product line. The investment at ...
Tags: Cascades, fibre packaging
Trillium, which aims to close the cyber-security gap threatening self-driving cars, has completed its Series A financing round with investments by Global Brain, Mizuho Capital and DBJ Capital. Tokyo-based Trillium designs and provides ...
Tags: Trillium, Driverless Car Security
Honda Motor and Hitachi Automotive Systems have signed a memorandum of understanding (MoU) to establish a joint venture company for developing, manufacturing and selling electric vehicle motors. The two companies now will conduct formal ...
Tags: Honda, Electric Vehicle Motors