Bemis Company has reported financial results for its first quarter ended 31 March, 2017. Initiatives to Improve U.S. Packaging Operations and Profitability As part of the Company’s efforts to improve the profitability of its U.S. ...
Tags: Packaging, Bemis Company
American confectionary giant Mars has unveiled plans to combine merge chocolate and wrigley segments to form a new company aimed at unifying its chocolate and candy business. Named as Mars Wrigley Confectionery, the new company will help ...
Tags: Mars, chocolate and wrigley segments, merger
Berkshire Hathaway company CTB has agreed to purchase 80% stake in Danish company Cabinplant for an undisclosed sum. Based in Haarby, Cabinplant provides processing and weighing / packing solutions for the food industry. With ...
Tags: CTB, Cabinplant, stake
Cornelius, a global producer of beverage dispensing systems, and Sustainable Beverage Technologies (SBT), a Colorado based developer of concentrated beer technologies, are set to showcase beer being dispensed from concentrate at the 2016 ...
In a major development for Western energy markets, NV Energy, Nevada's largest utility, will begin participating in the region's energy imbalance market on December 1. The move, announced late Friday, follows the Federal Energy Regulatory ...
Tags: energy markets, NV Energy
Lubrizol Corporation's performance coatings business has expanded capacity and increased manufacturing efficiencies at its solvent acrylics production facility in Sant Cugat (Barcelona), Spain. Solvent acrylic resin technology for ...
Tags: Lubrizol, performance coatings
Berkshire Hathaway has signed a deal to acquire 8.7% stake in Axalta Coating Systems from Carlyle Group for $560m. Under the stock purchase agreement, Berkshire Hathaway will purchase 20 million Axalta's common shares at $28 each. The ...
Axalta Coating Systems Ltd. has announced that an affiliate of Berkshire Hathaway Inc. has entered into a definitive stock purchase agreement with certain affiliates of The Carlyle Group for the purchase of a total of 20 million of ...
Tags: Business Operation, Architectural Coatings, Decoration
Brazilian private equity firm 3G Capital Partners is in talks to acquire American Food Company Kraft Foods, in a deal potentially valued at more than $40bn. According to people familiar with the matter, the private equity firm would ...
Tags: Kraft Foods, market, brands
US based Ketchup maker Heinz has signed a definitive merger agreement with Kraft Foods to form a new company, Kraft Heinz, to become the third largest food and beverage firm in North America and potentially fifth largest in the world. ...
H.J. Heinz and Kraft Foods Group have announced that they have entered into a definitive merger agreement to create The Kraft Heinz Company. The merger will form the third largest food and beverage company in North America and the ...
Tags: Heinz, Merge, food and beverage company
US based multinational Berkshire Hathaway has completed the acquisition of Van Tuyl Group, a privately-held auto dealership chain. Following the deal, billionaire Warren Buffett owned company will create of Berkshire Hathaway Automotive ...
Chinese automaker BYD Co, backed by Warren Buffett's Berkshire Hathaway Inc, aims to triple its production of batteries as it takes on Tesla Motors in the race to supply electric vehicles and boost energy storage. Shenzhen-based BYD plans ...
Tags: Chinese automaker, BYD, Tesla, Battery Factory
TTI, Inc., the world’s leading specialist distributor of passive, connector, electromechanical and discrete components, now stocks Vishay’s new AY2 series of AEC-Q200-qualified, AC-line-rated ceramic disc safetyClass X ...
Tags: connector, electromechanical, discrete components, Electrical
Sensirion, the Sensor Co. Mouser Electronics, Inc. announces that they have entered into a global distribution agreement with Sensirion AG. Mouser Electronics, Inc., a leading global distributor and developer’s top choice for ...