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Fonterra Australia Sells 36.02% Stake in Dairy Technical Services

Apr 20, 2016

Fonterra Australia has entered into an agreement to sell its 36.02% stake in Dairy Technical Services (DTS) to a consortium that includes Bureau Veritas Singapore and AsureQuality. The stake sale will result in Bureau Veritas Singapore ...

Tags: Fonterra Australia, DTS, Diary Technical Service

Thomas J Fudge's Secures Investment From Livingbridge

Apr 20, 2016

After 100 years of family ownership, Thomas J Fudge’s has secured investment from mid-market private equity business Livingbridge as it aims to establish itself as the UK’s premium biscuit brand. Founded in 1916 by Thomas J ...

Tags: Thomas J Fudge, Investment, Livingbridge, Biscuit

Almarai to Acquire Controlling Stake in National Food Products Company

Apr 20, 2016

Almarai Company has evinced interest in acquiring a controlling stake in UAE-based National Food Products Company (NFPC). NFPC has initiated the competitive sale process for part of its share capital and has informed Almarai to progress ...

Tags: NFPC, National Food Products Company, Almarai, Acqusition

Japanese Automakers Toyota and Honda Hit by Earthquakes

Apr 20, 2016

Japanese automakers Toyota, and Honda, and other have been hit by the recent earthquakes in the country. Toyota said it will stop production on its vehicle assembly lines in stages between April 18 and 23 because of parts shortages ...

Tags: Toyota, Honda, Earthquakes

GAC FCA Starts Jeep Renegade Production in China

Apr 20, 2016

GAC Fiat Chrysler Automobiles (GAC FCA) has started production of Jeep Renegade sport utility vehicle (SUV) at its Guangzhou plant in China. The presales of the locally produced Jeep Renegade will start at the Beijing Motor Show later ...

Tags: GAC FAC, Jeep Renegade SUV, Beijing Motor Show

Siemens, Valeo to Form JV for EV Powertrains

Apr 20, 2016

Siemens and Valeo have signed an agreement to establish a joint venture (JV) to develop powertrains for electric cars. The JV will have headquarters in Erlangen, Germany, and facilities in France, Norway, Poland, Hungary and China. ...

Tags: Siemens, Valeo, JV, Joint venture, Powertrains, Electric cars

Back to Nature Foods Expands Recall for Limited Number of Classic Creme Cookies Due to Undeclared Milk

Apr 19, 2016

Back to Nature Foods is expanding its voluntary recall to include four additional lots of its Classic Creme cookies, 12 oz packages, because they may contain undeclared milk, not listed as an ingredient on the label. Persons who have an ...

Tags: Back to Nature Foods, Expansion, Undeclared Milk

GM Recalls 1 Million Pickup Trucks Over Seatbelt Issue

Apr 19, 2016

General Motors (GM) has announced a recall of more than one million pickup trucks due to a seat belt flaw. The company said the recall of the 2014-15 Chevrolet Silverado and GMC Sierra 1500 pickups is not linked to any crashes, injuries ...

Tags: GM, General Motors, Pickup trucks

Mahindra Launches Small Electric Car E20 ElectriCity Car in UK

Apr 19, 2016

Indian automaker and farm-equipment manufacturer, Mahindra & Mahindra has launched its electric car e20 in UK. It was reported last month that it would be a no-frills, basic electric car intended for young teens and budget-conscious ...

Tags: Electric Car E20, Mahindra

Volkswagen Reveals New Strategy for North American Region

Apr 19, 2016

Volkswagen North American Region CEO Hinrich J. Woebcken along with Volkswagen passenger brand CEO Dr. Herbert Diess, have laid out a new strategy for Volkswagen North American Region. Volkswagen Passenger Cars Brand CEO Dr. Herbert Diess ...

Tags: Volkswagen, Hinrich J.Woebcken, Dr.Herbert Diesss

Southeastern Grocers Fast-Tracks Cage-Free Egg Policy

Apr 19, 2016

Southeastern Grocers, parent company to BI-LO, Winn-Dixie and Harveys stores, has committed to converting 100% of its private label eggs to cage-free during 2017, and targeting the expansion of that commitment to the remainder of eggs sold ...

Tags: Southeastern Grocers, BI-LO, Winne-Dixie, Harveys stores, cage-free policy

Nature's Touch Recalls Frozen Berry Mix Product Over Suspected Hepatitis A Contamination

Apr 19, 2016

Nature’s Touch has issued a voluntary recall of Nature’s Touch Frozen Organic Berry Cherry Blend in Canada over the suspected Hepatitis A contamination. Nature's Touch Frozen Organic Berry Cherry Blend, with 'best before' ...

Tags: Nature's Touch, Nature's Touch Frozen Organic Berry Cherry Blend, CFIA

Olam, Mitsubishi Form Joint Venture for Supply of Agricultural and Food Products to Japan

Apr 19, 2016

Olam International and Mitsubishi Corporation (MC) have formed a joint venture called MC Agri Alliance (MCAA) in Japan for the supply of agricultural and food products. The joint venture will import and distribute coffee, cocoa, ...

Tags: Olam, Mitsubishi, MCAA

US Foods Acquires Food Genius

Apr 19, 2016

US Foods has acquired Food Genius, a provider of foodservice data and analytics. The Food Genius team members will join US Foods. Focused exclusively on foodservice, Food Genius offers a suite of technology applications which simplify the ...

Tags: US Foods, Acquisition, Food genius

Dippin' Dots Open at Pinebrook Shopping Center, Mobile

Apr 19, 2016

Dippin' Dots, the number one ice cream for fun has opened its newest store location at Pinebrook Shopping Center. The store, located at 3950-A Airport Blvd. in Mobile, will celebrate its grand opening this Saturday, April 16 from 11:00 ...

Tags: Dippin'Dots, Ice cream, Pinebrook Shopping Center