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Leroy Seafood Acquires Havfisk and Norway Seafoods

Jun 7, 2016

Leroy Seafood Group has entered into an agreement with Aker Capital and Aker Capital II to purchase a controlling stake in Havfisk and Norway Seafoods Group for NOK3.2bn ($390m). The acquisition represents 64.4% and 73.6% of the total ...

Tags: Leroy Seafood, Seafoods

ACH Food Companies Issues Voluntary Recall of Salad Toppings Due to Possible Health Risk Related to Sunflower Seeds

Jun 7, 2016

ACH Food Companies is recalling Durkee Salad Topping, Food Club branded Salad Topping and Hy-Vee Garden Style Salad Topping because it has the potential to be contaminated with Listeria monocytogenes, an organism which can cause serious and ...

Tags: Sunflower Seeds, Salad

Kashi Company Voluntarily Recalls Two Varieties of Snack Bars and Two Varieties of Bear Naked Granola

Jun 7, 2016

Kashi Company is expanding its previously announced voluntary recall to include two varieties of Kashi brand snack bars – including one product in Canada – and two varieties of Bear Naked granola because they contain ingredients ...

Tags: Snack Bars, Bear Naked Granola

Pinkberry Launches New Low-Fat Milk Ice Cream

Jun 7, 2016

Pinkberry, a subsidiary of Kahala Brands, is swirling up a summertime favorite with its latest innovation - Pinkbee's. Launching today, this low-fat milk ice cream combines the creaminess and quality of traditional ice cream with a ...

Tags: Pinkberry, Milk Ice Cream

Dove Chocolate Adds Perfect Combination to Fruit Line with New Nut Variety

Jun 7, 2016

Mars Chocolate North America has introduced three new tantalizing flavor combinations as part of the Real Fruit Dipped in DOVE Dark Chocolate lineup: Strawberry & Cocoa Almond, Blueberry & Vanilla Cashew and Raspberry & Honey Roasted ...

Tags: Dove Chocolate, Fruit Line, Nut

Valeo to Buy German Clutch-Maker FTE Automotive

Jun 6, 2016

Valeo has agreed to acquire German clutch and and gear actuators maker FTE automotive from Bain Capital Private Equity for €819.3m. Subject to the approval of the European and Brazilian anti-trust authorities, the transaction is ...

Tags: Valeo, FTE Automotive

Cargill to Acquire Five Star Custom Foods to Boost Protein Business

Jun 6, 2016

US agricultural commodities trader Cargill has entered into an agreement to acquire Five Star Custom Foods for undisclosed sum. Five Star Custom Foods is a Texas-based food company specializing in cooked protein products and custom ...

Tags: Cargill, agricultural commodities

Baskin-Robbins Announces Special Lineup of Cool Treats to Celebrate First Month of Summer

Jun 6, 2016

Baskin-Robbins is kicking off the first month of summer with a special lineup of frozen treats that will keep guests cool all month long. Beginning today, guests can enjoy the new June Flavor of the Month, Made with MILKY WAY Bars, which ...

Tags: Baskin-Robbins, ice cream

Honda Showcases Automated Vehicle Testing Program at Gomentum Station

Jun 6, 2016

Honda is showcasing its automated vehicle testing program at GoMentum Station in the US. GoMentum Station features 20 miles of paved roadway on a 5,000-acre site situated in the decommissioned zone of the Concord Naval Weapons Station ...

Tags: Honda, Automated Vehicle

Researchers Check Chocolate Quality Using Ultrasound Waves

Jun 6, 2016

Researchers at a Belgian university have found a new method to check cocoa butter crystallization during chocolate manufacturing by using ultrasound waves, to ascertain the quality of chocolate. The quality of chocolates mainly depends on ...

Tags: Chocolate Quality, Ultrasound Waves

South African Regulator Approves AB InBev's $100bn Acquisition of SABMiller with Conditions

Jun 3, 2016

South African competition commission has given conditional approval of Anheuser-Busch InBev’s $100bn acquisition of SABMiller. The Commission has given to the recommendations to the Competition Tribunal following an investigation ...

Tags: SABMiller, AB InBev

Uber Raises $3.5bn From Saudi Arabia's Public Investment Fund

Jun 3, 2016

American ride-hailing firm Uber has raised $3.5bn from Saudi Arabia’s Public Investment Fund. This is the first time that Uber secured such a huge funding from a single investor. The investment will not affect the company's ...

Tags: Uber, ride-hailing

Toyota to Recommence Production on All Vehicle Assembly Lines

Jun 3, 2016

Due to parts shortages resulting from the severe earthquakes that struck Japan's island of Kyushu on April 14 and after, Toyota Motor has continued to make updated announcements regarding decisions about production while continuously ...

Tags: Toyota, Vehicle Assembly Lines

Ford Issues Safety Recall for Vehicles Featuring Several Takata Airbag Inflators

Jun 3, 2016

Ford is issuing a safety recall for vehicles that have certain non-desiccated Takata passenger-side frontal airbag inflators after Takata declared those inflators are defective. This expanded recall follows Takata's notification to the ...

Tags: Ford, airbag inflators

Patties Foods Agrees to $232m Acquisition Offer by Private Equity Firm

Jun 3, 2016

Australian food manufacturing firm Patties Foods has accepted a $232m acquisition bid made by a private equity firm. Earlier this week, the company said it was approached by Pacific Equity Partners (PEP) with a takeover offer of $1.65 per ...

Tags: Patties Foods, Food contamination issues