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Volvo to Launch Five Fully Electric Cars Between 2019 and 2021

Jul 6, 2017

Volvo has said that every new car it launches from 2019 will feature an electric motor, describing the move as placing electrification at the core of its future business. The move will mark the end of cars that only have an internal ...

Tags: Volvo, Electric Cars, combustion engine

Hain Celestial's Cultivate Ventures Buys US-Based Better Bean

Jul 5, 2017

The Hain Celestial Group has acquired Oregon-based The Better Bean Company, a chilled prepared beans manufacturer, for an undisclosed price to expand its store perimeter product offerings. Better Bean is the first acquisition for the ...

Tags: Better Bean, Bean

Apetit Group to Divest Seafood Business to Insula

Jul 5, 2017

Apetit Group has agreed to divest its seafood business in Finland, Norway and Sweden to Insula for an undisclosed price. The divested seafood segment of Apetit is made up of Apetit Kala fish processing business which salmon and rainbow ...

Tags: seafood, vegetable

Aston Martin DB11 Now Offered with Mercedes-AMG V8 Engine

Jul 5, 2017

Aston Martin is now offering its DB11 with a 4.0-litre twin-turbocharged V8 engine. The new 4.0 litre, V8 engine is a slightly reduced version of the original 5.2 litre V12 engine. Yet, it is claimed to deliver 503 bhp, with 675Nm of ...

Tags: Aston Martin, Mercedes-AMG

McLaren 570s Spider Makes World Debut at Goodwood Festival of Speed

Jul 5, 2017

McLaren Automotive has debuted new convertible Sports Series model, the 570S Spider, at Goodwood Festival of Speed in the UK. The 570S Spider is powered by 3.8 litre V8 twin-turbocharged engine connected to a seven-speed gearbox, that ...

Tags: McLaren, Automotive

Tesla Secures Regulatory Approval to Build Model 3 Electric Car

Jul 5, 2017

Telsa Motors CEO Elon Musk said that the production of the Model 3 electric car would start this week and the first deliveries are expected to be done by the end of this month. Musk tweeted the latest model from Tesla has received ...

Tags: Telsa Motors, electric cars

Carlsberg UK Acquires London Fields Brewery

Jul 5, 2017

Carlsberg UK has acquired London Fields Brewery, which was founded in 2011 in the London Fields neighborhood of Hackney. Financial details of the deal have not been disclosed. The Danish-brewing giant stated that it will operate London ...

Tags: Carlsberg UK, craft beer

Danone to Divest Stonyfield to Lactalis for $875m

Jul 5, 2017

French food group Danone has signed a binding agreement to sell its US dairy subsidiary, Stonyfield, to Lactalis for $875m. The price of the deal represents 20 times its earnings before interest, tax, depreciation and amortization ...

Tags: Danone, dairy

Unilever to Sell Meat, Sauce and Can Soup Factory in Oss to Zwanenberg Food Group

Jul 5, 2017

Unilever intends to enter into a strategic partnership with Zwanenberg Food Group. The partnership pertains that Unilever will sell its meat, sauce and can soup factory in Oss to Zwanenberg Food Group (ZFG) and that ZFG intends to ...

Tags: Meat, Sauce, Can Soup

Tonicorp Inaugurates New Dairy Production Facility in Guayaquil, Ecuador

Jul 4, 2017

Ecuadorian dairy firm Tonicorp has opened a new dairy production plant in Guayaquil. The inauguration ceremony was chaired by the President of Ecuador, Lenín Moreno, together with directors of Arca Continental and The Coca-Cola ...

Tags: dairy, dairy Facility

Here, Increment P Partner to Allow Global Map Solutions for Autonomous Driving Era

Jun 29, 2017

Here Technologies has entered into a partnership with Increment P, a mapping subsidiary of Pioneer Corporation, with the aim of enabling global mapping solutions for the autonomous driving era. The intent to enter into this partnership ...

Tags: Here Technologies, SD map data

Volvo Cars, Autoliv Partner with Nvidia to Develop Advanced Systems for Self-Driving Cars

Jun 29, 2017

Volvo Cars and Autoliv have partnered with Nvidia for the development of advanced systems and software for self-driving cars. The three companies will work together with to develop next generation self-driving car technologies. Zenuity ...

Tags: Volvo Cars, Autoliv Partner

BMW Reveals Black Fire Editions of X5 M and X6 M Models

Jun 29, 2017

BMW is offering two new versions of its high-performance SUV flagships, the X5 M Black Fire edition and X6 M Black Fire edition. Black is powerful, black is exciting, and black is exclusive: the same can be said of the new Black Fire ...

Tags: BMW, X5 M

Heineken Offers to Sell Pubs to Push Through Punch Taverns Takeover

Jun 29, 2017

Heineken has offered to sell some of its pubs after the UK's Competition and Markets Authority (CMA) raised concerns about its acquisition of Punch Taverns. Earlier this month, the CMA stated that the Heineken’s acquisition of Punch ...

Tags: Heineken, Takeover

Prinova to Buy Lycored's UK and China-Based Premix Manufacturing Locations

Jun 29, 2017

US-based Prinova has agreed to acquire the China and UK premix operations of Israeli-based Lycored. Prinova is a global supplier of ingredients, flavors, blending and contract manufacturing solutions for the food, beverage and nutrition ...

Tags: Prinova, liquid nutrient