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Skyworks to Acquire Analog-System-on-Chip Designer Avnera

Aug 8, 2018

Skyworks Solutions Inc of Woburn, MA, USA (which makes analog and mixed-signal semiconductors) has signed a definitive agreement to buy private fabless semiconductor supplier Avnera Corp of Beaverton, OR, USA, a developer of analog system ...

Tags: analog, semiconductors

Diageo Seeks to Raise Stake in China's Sichuan Shuijingfang

Jun 29, 2018

UK-based drinks company Diageo has proposed to increase stake in Chinese spirits firm Sichuan Shuijingfang Company (SJF) and take majority control of the company. Diageo approached the board of directors of SJF with a proposal for a ...

Tags: Diageo, drinks

Coca-Cola Bottler Arca Continental to Construct New Facility in US

Jun 11, 2018

Coca-Cola bottler Arca Continental has unveiled plans to construct a new production and distribution facility in Houston, Texas, US. Through its subsidiary Coca-Cola Southwest Beverages (CCSWB), Arca Continental will build the facility ...

Tags: Coca-Cola, Arca Continental

NeoPhotonics Awards Inducement Grants to New Senior VP of Global Sales

Apr 8, 2018

NeoPhotonics Corp of San Jose, CA, USA (a vertically integrated designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for high-speed communications networks) says that the compensation committee of ...

Tags: NeoPhotonics

Bobst Group Reports Increased Sales Performance in 2017

Mar 7, 2018

Bobst Group, a Swiss-based supplier of equipment and services to the packaging and label industries, has reported consolidated sales of CHF1 529m ($1,629m) in 2017, an increase of CHF82m, or 5.7%, compared to 2016. The operating result ...

Tags: packaging, label industries

ADM, Cargill to Create Soybean JV in Egypt

Feb 28, 2018

US food giants Archer Daniels Midland (ADM) and Cargill have signed an agreement to create a joint venture (JV) to meet increasing customer demand for soybean meal and oil in Egypt. The JV, which will be equally owned by the partners, ...

Tags: Archer Daniels Midland, soybean

Bright Blue to Buy Greencore's UK Cakes and Desserts Business

Feb 8, 2018

Bright Blue Foods (BBF) has agreed to acquire Greencore Group’s cakes and desserts business in Hull, UK for an undisclosed sum. The transaction along with an earlier announced closure of a desserts facility in Evercreech will enable ...

Tags: Bright Blue Foods, Cakes

Volvo's Parent Firm Geely to Buy Us Flying-Car Startup Terrafugia

Nov 16, 2017

Zhejiang Geely, the Chinese automaker that owns Volvo, has agreed to acquire Terrafugia, a US-based startup company working on the development of a flying car. Terrafugia was founded in 2006 by five Massachusetts Institute of Technology ...

Tags: Geely, automaker

Osram and Continental Planning JV for Intelligent Lighting Solutions in The Automotive Sector

Nov 8, 2017

Lighting firm Osram GmbH and automotive technology firm Continental AG in Germany are to establish a Munich-registered 50:50 joint venture Osram Continental GmbH combining lighting technology with electronics and software to develop, ...

Tags: Osram, Automotive, LED lighting

Robert Aiken Steps Down as President of TreeHouse Foods

Nov 6, 2017

TreeHouse Foods, a manufacturer of packaged foods and beverages, said that its president Robert Aiken has resigned on 29 October. The company's chairman and CEO Sam K. Reed will assume the role of president. "We are disappointed by ...

Tags: TreeHouse Foods, packaged foods, beverages

Saputo to Acquire Australian Dairy Firm Murray Goulburn for $1bn

Oct 31, 2017

Canadian dairy giant Saputo has agreed to acquire Australia-based dairy processor Murray Goulburn Co-Operative (MG) for CAD1.29bn ($1.01bn). The is expected to complement the operations of Saputo's Dairy Division (Australia). Saputo ...

Tags: Saputo, dairy processor

Hilton Foods to Acquire UK Fish Processor Icelandic Group

Oct 24, 2017

Hilton Foods has agreed to acquire chilled UK fish processor Icelandic Group UK (Seachill) for cash consideration of £80.8m. The Company also announces its intention to conduct a non-pre-emptive underwritten cash placing to raise ...

Tags: Hilton Foods, Fish Processor

Denso to Expand US Footprint with $1bn Investment

Oct 12, 2017

Japanese auto components supplier Denso is investing $1bn in its Maryville, Tennessee location in the US as part of its commitment to advancing automotive innovation in North America. The investment will focus on vehicle electrification ...

Tags: Denso, auto components

Tetra Pak Buys Ice Cream Filling Machines Provider Big Drum

Oct 10, 2017

Food packaging and processing firm Tetra Pak has acquired Germany-based Big Drum Engineering for an undisclosed sum. Based in Edertal, Big Drum is involved in the supply of filling machines for the ice cream industry. The company is ...

Tags: Tetra Pak, ice cream

Post Holdings to Acquire US Sausage Maker Bob Evans Farms for $1.5bn

Sep 21, 2017

Post Holdings has agreed to acquire Ohio-based sausage maker Bob Evans Farms for nearly $1.5bn to strengthen its position in refrigerated retail and food-service channels. The acquisition, which will see the American packaged foods ...

Tags: Post Holdings, Sausage

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