Swedish confectionery and nuts firm Cloetta has agreed to acquire Candyking, a concept supplier of pick and mix candy in the Nordic countries and the UK. The acquisition strengthens Cloetta’s position within pick and mix and creates ...
Canadian consumer packaged meats firm Maple Leaf Foods has agreed to acquire American refrigerated plant-based protein foods manufacturer Lightlife Foods from Brynwood Partners VI for approximately $140m. Maple Leaf will finance the ...
Tags: Maple Leaf, Lightlife Foods
UK-based packaging firm RPC Group has signed an agreement to acquire Letica, a US-based manufacturer rigid plastic packaging and foodservice products, for $640m. Letica is engaged in manufacturing rigid plastic packaging and foodservice ...
Tags: packaging, RPC Group, rigid plastic
Volkswagen has launched a new subsidiary designed to oversee $2bn in investments to promote zero-emission vehicles in the US. The new company, Electrify America, will be based in Reston, Virginia. It will invest in the construction and ...
Tags: Volkswagen, Zero-Emission Vehicles
Lear, which supplies automotive seating and electrical systems, has agreed to acquire Grupo Antolin's automotive seating business. Grupo Antolin's seating business is headquartered in France with sales and operations concentrated in 5 ...
Tags: Lear, Antolin's Automotive, Seating Business
FCA US said that it will invest a total of $1bn in plants in Michigan and Ohio, which will add 2000 new jobs. Consistent and combined with previously announced investments, FCA US is further demonstrating its commitment to strengthening ...
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
Volkswagen is nearing a $4.3bn settlement with the US regulators that would include pleading guilty to several criminal charges in the diesel emissions scandal. The company is in advanced discussions with the USDepartment of Justice and ...
Tags: Volkswagen, Diesel Emissions
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 ...
Volkswagen has agreed to recall an additional 83,000 vehicles and pay $250m to partially settle claims related to its emissions cheating scandal. The company signed an agreement with the US Department of Justice (DOJ) on behalf of the ...
Tags: Volkswagen, Vehicles
The Stockholm Furniture & Light Fair offers a forum for knowledge and discussions within the area of design and architecture – Stockholm Design & Architecture Talks. The forum will have a theme this year of “Sustainability ...
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
Pork Rinds & Snacks is recalling approximately 7,629 pounds of pork skin products that may be contaminated with Salmonella, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced. The ready-to-eat ...
Tags: Pork Rinds, Snacks
Ruiz Food Products is recalling approximately 23,544 pounds of beef and cheese tortilla products that may be contaminated with extraneous materials, specifically brittle clear plastic, the US Department of Agriculture’s Food Safety ...