Rayonier Advanced Materials has acquired Canadian paper company Tembec for $807m to expand its business into packaging and forest products. The acquisition resulted in the creation of a global company providing high purity cellulose, ...
US-based Hormel Foods has entered into South America with the acquisition of Brazilian meat company Cidade do Sol for about $104m. Cidade do Sol offers over 70 products in 15 categories that include meats like mortadella, sausage and ...
Tags: Cidade do Sol, sausage
Axalta Coating Systems, a supplier of liquid and powder coatings, has presented a campus talk at Universitas Indonesia, one of the leading universities in Indonesia. University speaking platforms provide a way for Axalta’s ...
Tags: Axalta Coating Systems, Coatings
Lux Global Label has purchased certain assets from Pennsylvania-based global package printing firm National Label for an undisclosed price. Lux Global Label is a newly formed holding company backed by private equity company Resilience ...
Tags: Lux Global, package
Domino's is ready to let its driverless delivery vehicles loose in Europe for the very first time. The six-wheeled vehicles, which resemble something you’d expect to see Nasa landing on the moon, are being debuted by Domino’s ...
Tags: six-wheeled vehicles, Domino
Swiss dairy company Emmi has agreed to acquire US based goat’s milk processor Jackson-Mitchell for an undisclosed sum to expand its international goat’s milk network. Jackson-Mitchell does its goat milk products business under ...
Tags: Emmi, Goat Milk Processor
Toyota Motor will set up a mobility services platform (MSPF) to collaborate with several service providers, as well as telematics insurance. Based on the proliferation and popularity of mobility services, like car-sharing; the MSPF will ...
Toyota has introduced the new C-HR premium SUV in the Australian range with powerful and efficient 1.2 litre turbo engine. Direct injection, a water-cooled turbo and an expanded intelligent variable valve-timing system offer performance ...
Tags: Toyota, C-HR premium SUV
Franklin Electric Co Inc has named Jonathan Grandon as chief administrative officer and general counsel. In his new role, Grandon will be responsible for Franklin Electric’s legal and human resource functions and will also play an ...
Crestview Partners has agreed to acquire Accuride, which supplies components to the North American and European commercial vehicle industries. Crestview Partners is a New York based private equity firm, which will acquire Accuride for ...
Tags: Crestview Partners, Accuride, acqusition
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
Nexteer Automotive has opened its new World Headquarters in Auburn Hills, Michigan. The strategically located headquarters provides a strong platform for increased industry presence and expanded reach for skilled talent. To commemorate ...
Infineon Technologies AG of Munich, Germany has entered into a definitive agreement to acquire the Wolfspeed Power & RF division of Cree Inc of Durham, NC, USA for $850m in cash (about €740m). The deal also includes the related silicon ...
Mars Food says it will be changing some of its products to make them healthier for consumers. The global company, which is responsible for Masterfoods, Dolmino and Kan Tong, revealed both sodium and added sugars will be reduced in its ...
Tags: Mars Food, Healthy food
Mars Chocolate has completed the acquisition of Hacienda La Chola cocoa farm in Ecuador from Naturisa. Hacienda La Chola is the agricultural unit of Naturisa and located in Guayaquil, Ecuador. The latest addition to its network of ...
Tags: Mars chocolate, Acquisition, Hacienda La Chola Cocoa Farm, Naturisa