Plant-based frozen smoothie producer Bright Greens has raised a seed round led by Kellogg Company’s venture capital fund eighteen94 capital. Blu Venture Investors, an early stage investment group based in the Mid-Atlantic, also ...
Tags: Bright Greens, Smoothie
Atlantic Natural Foods, a subsidiary of investment group AFT Holdings, has completed the acquisition of Loma Linda Foods and the licensing rights to Worthington Foods brands of vegetarian foods from Kellogg. The acquisition was completed ...
China National Offshore Oil Corporation (CNOOC) and Shell Nanhai B.V. (Shell) today announce the final investment decision to expand CNOOC and Shell Petrochemical Company’s (CSPC) existing 50:50 joint venture (JV) in Huizhou, ...
Tags: CNOOC, Shell, final investment decision, expasion
Protean Electric announced that it received $70m in new funding from GO Scale Capital, Zhejiang VIE Science & Technology Co. Ltd., and Tianjin THSG Corporation. The investment follows Protean's announcement in May that the Company is ...
Tags: Protean Electric, in-wheel motors
A Dubai-based investment group led by businessman Mohamed Alabbar has agreed to acquire a majority stake in the Kuwait Food Company, which is known as Americana, for nearly $2.4bn. The consortium Adeptio headed by Emaar Properties PJSC ...
Investment group Aurelius plans to acquire packaging solutions supplier Abelan Group’s businesses in Germany and the Netherlands, for undisclosed amount. Under the terms of the deal, Aurelius will acquire a paper mill in Viersen, ...
In the first three quarters of 2015, China’s outward investment and cooperation witnessed a rapid development. Nonfinancial direct investment overseas reached US$ 87.3 billion, up 16.5% year on year; the newly signed foreign contract ...
Tags: outward investment, foreign contract projects, One Belt and One Road
Bridgelux, a leading developer and manufacturer of solid state lighting (SSL) technologies, today announced it has entered a definitive agreement to be acquired by an investment group led by the China Electronics Corporation (CEC), and ...
Quotes/ Perspectives from LEDinside: “CEC’s acquisition of Bridgelux will shield Epistar’s orders from being divided by other LED manufacturers, by keeping LED orders within Epistar affiliated companies,” said ...
Tags: CEC, smart lighting, LED
CNBM (China National Building Materials Group Corp) - the parent company of copper indium gallium diselenide (CIGS) thin-film photovoltaic module maker Avancis GmbH of Torgau, Germany - has celebrated the groundbreaking for one of the ...
Tags: CIGS Solar Module, thin-film
Peloton Technology, a developer of vehicle systems that deliver advanced safety, fuel savings and analytics to trucking fleets, today announced an investment agreement with Lockheed Martin to accelerate Peloton’s development and ...
Tags: Lockheed Martin, Peloton Technology, Truck
Praedium, the Spanish investment Group which owns Nylstar, a producer of polyamide yarns and fabrics, has acquired acrylic fibre manufacturer Montefibre Hispania SA. Praedium has invested €2 million to acquire a 90 per cent stake in ...
Tags: Praedium, Acrylic Fibre
Vasari Global, along with Ethiopian entrepreneur Solomon Wondimneh and his company Ahadu, has opened phase I of a new food production facility in Ethiopia which is valued at around $150m. The launch marks capital deployment of $36m ...
The European Commission (EC) has given its approval for the acquisition of Austria-based Constantia Flexibles by French investment group Wendel Group for €2.3bn ($2.8bn). Constantia Flexibles specialises in producing foil, paper ...
Tags: Constantia Flexibles, plastic-film packaging, packaging
Investment group CorpAcq has forayed into the packaging industry with the acquisition of UK-based Northern Packaging for an undisclosed amount. Based in Altrincham, Northern Packaging operates from two sites in Skelmersdale, West ...
Tags: CorpAcq, packaging industry