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Mazda to Unveil Two Concept Models at Tokyo Motor Show

Oct 30, 2017

Japanese automaker Mazda will be showcasing its two new concepts Kai Concept and Vision Coupe at the upcoming Tokyo Motor Show to be held between 28 October and 5 November in Japan. The Mazda Kai Concept is a compact hatchback, which is ...

Tags: Concept Models, Mazda, Tokyo Motor Show

Delphi to Buy Self-Driving Start-up Nutonomy for $450m

Oct 27, 2017

UK-based auto-spare parts supplier Delphi Automotive has agreed to acquire self-driving car startup nuTonomy for $450m. The deal includes an upfront price of $400m and an earn-out of $50m. nuTonomy was founded in 2013 by Karl Iagnemma ...

Tags: Delphi, Nutonomy

Avery Dennison's Sales Increases in 2017 Third Quarter

Oct 27, 2017

Avery Dennison has announced preliminary, unaudited results for its third quarter ended 30 September 2017. All non-GAAP financial measures referenced in this document are reconciled to GAAP in the attached tables. Unless otherwise ...

Tags: Avery Dennison

Harper Participates in Labelexpo Europe 2017

Oct 27, 2017

Harper, a manufacturer of anilox rollers for flexographic printers, has showcased its products at the Labelexpo Europe 2017 event. The firm said it has showcased and delivered briefings on how its programs, services, surface technology, ...

Tags: Harper, flexographic printers

Volkswagen Secures Approval to Fix 38, 000 Diesel SUVs in US

Oct 26, 2017

US and California regulators have approved a fix for about 38,000 Volkswagen Generation 2.1 and 2.2 3.0L TDI V6 vehicles. The 38,000 cars include not only Volkswagen models, but also from its affiliates such as Audi and Porsche as well. ...

Tags: Volkswagen, Diesel SUV

Bormioli Develops New Packaging Solutions for Pharmaceutical Market

Oct 26, 2017

Glass and plastic manufacturer Bormioli Rocco Pharma has developed advanced packaging solutions for the pharmaceutical market. The new packaging solutions include AccuRec, Delta type I glass vials, Safe&Easy, Nesat and Amber type I glass ...

Tags: Bormioli, Packaging Solutions, Pharmaceutical Market

Crown's Net Sales Increases in Third Quarter of 2017

Oct 26, 2017

Crown Holdings has announced its financial results for the third quarter ended 30 September 2017. Third Quarter Highlights Earnings per share $1.32Adjusted earnings per share $1.41$62 million of Q3 share repurchases; $339 million ...

Tags: Crown, Beverage

Palsgaard Develops Palm-Free Powdered Emulsifier for Industrial Cakes

Oct 26, 2017

Palsgaard, a manufacturer of emulsifiers and stabilizers to global confectionery and dairy industries, has developed what it claims to be the first palm-free powdered emulsifier for industrial cake production. Palsgaard SA 6615 features ...

Tags: emulsifiers, stabilizers, Industrial Cakes

Anheuser-Busch Releases Limited-Edition Budweiser Beer

Oct 25, 2017

Anheuser-Busch has released a new limited-edition 1933 Repeal Reserve, a Budweiser Amber Lager in celebration of prohibition's repeal. Budweiser 1933 Repeal Reserve is inspired by an amber lager created and brewed by Adolphus Busch that ...

Tags: Budweiser Beer

The Gluten Free Bar Introduces New Breakfast Food Line

Oct 25, 2017

Grand Rapids, Michigan-based The Gluten Free Bar (GFB) has introduced a new breakfast food line, GFB Power Breakfast. Available in five varieties, including Coconut Cashew, Fruits, Nuts, and Seeds, PB+J, Apple Cinnamon, and Maple Raisin; ...

Tags: luten Free Bar, Breakfast Food Line

Superior Fruit to Expand California Strawberry Growing Operations

Oct 24, 2017

Superior Fruit has entered into an agreement with Eclipse Berry Farms to assume certain agricultural leases to expand its strawberry growing operations in California. Superior has been formed by Bobby Jones and his brother RC Jones, ...

Tags: Superior Fruit, Strawberry

German Spice Producer Fuchs Group Acquires Bart Ingredients

Oct 24, 2017

German spice producer Fuchs Group has acquired UK-based herbs and spices producer Bart Ingredients from private equity firm Langholm Capital for an undisclosed price. Through the acquisition, Fuchs plans to continue its global growth ...

Tags: Bart Ingredients, UK market

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

Alphabet Leads $1bn Investment in Uber Rival Lyft

Oct 23, 2017

CapitalG, a growth investment fund under Alphabet has led $1bn round of investment in ride-hailing company Lyft. With this investment, Lyft’s valuation has gone up to $11bn. CapitalG’s partner David Lawee will be joining ...

Tags: CapitalG, Rival Lyft

Ferrero to Acquire US Confectioner Ferrara Candy

Oct 23, 2017

The Ferrero Group has agreed to acquire Illinois-based non-chocolate confectioner Ferrara Candy from private equity firm L Catterton for an undisclosed price to expand its US business. The transaction made by an affiliated company of ...

Tags: Ferrero, chocolate