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UK Unveils Plans for First Phase of £100m Investment in Cav Testing Infrastructure

Apr 5, 2017

The UK Government has launched the first competition to access funding from its £100 investment program supporting the creation of test facilities for connected and autonomous vehicles (CAV). According to the Business, Energy and ...

Tags: CAV, autonomous vehicles

Danone Puts Stonyfield up for Sale to Complete Whitewave Acquisition

Apr 5, 2017

Danone has agreed to divest one of its US dairy subsidiaries, Stonyfield, to secure approval from US antitrust authorities for its $10bn acquisition of soy-milk maker WhiteWave Foods. The French dairy giant has reached an agreement in ...

Tags: Danone, dairy

Ford to Invest $1.2bn in Three Michigan Auto Plants

Mar 31, 2017

US automaker Ford Motor is investing $1.2bn in three manufacturing facilities in Michigan to prepare for production of the new Ranger and Bronco vehicles. Of the total amount, the automaker plans to invest $850m on Michigan assembly plant ...

Tags: Ford Motor, Auto Plants

Land O'lakes Acquires Vermont Creamery

Mar 31, 2017

Land O'Lakes has acquired Vermont Creamery, a creamery and artisanal cheese and butter-maker in Websterville, Vermont, US. Vermont Creamery Co-Founders Bob Reese and Allison Hooper and Land O'Lakes, Inc. President and CEO Chris Policinski ...

Tags: Land O'Lakes, artisanal cheese, butter

Muller Launches Three New Yogurt Products

Mar 31, 2017

Müller UK & Ireland has introduced its first range of whipped Greek-style yogurt to be fat-free, available in three different flavours. The initial three flavours available in the Müllerlight Kremas range are strawberry, mango & ...

Tags: Muller, Yogurt Products

Asahi to Take Eur7.4bn Loans to Fund SABmiller's Assets Purchase

Mar 30, 2017

Japanese beer maker Asahi Group said it will take on EUR7.4bn in bank loans to finance its purchase of SABMiller's former Central & Eastern European beer assets. Asahi said its board agreed to the loan, from Japan's Sumitomo Mitsui and ...

Tags: beer, Asahi Group

Nissan Adds Track Edition to GT-R Lineup

Mar 29, 2017

Nissan is all set to unveil its new GT-R Track Edition at the upcoming New York International Auto Show to be held this April. The GT-R vehicle, which will be available in late summer, can be ordered at GT-R certified Nissan dealers in ...

Tags: GT-R Lineup, Nissan

Toyota, NTT to Partner on ICT Platform R&D for Connected Cars

Mar 29, 2017

Toyota Motor and Nippon Telegraph and Telephone (NTT) have agreed to collaborate on ICT platform R&D for connected cars. The collaboration will combine the automotive vehicle-related technologies of Toyota with the information and ...

Tags: Connected Cars, Toyota

ADM Secures Exclusivity for Proposed Purchase of Chamtor

Mar 29, 2017

Archer Daniels Midland Company (ADM) has secured exclusivity in relation to the proposed acquisition of Chamtor, a France-based manufacturer of wheat-based sweeteners and starches. Pierre Duprat, president, ADM Europe, Middle East and ...

Tags: wheat, sweeteners

New Zealand Signs Chilled Meat Agreement with China

Mar 29, 2017

New Zealand exporters will soon be allowed to send chilled meat to China under a new agreement signed by the two countries. Significant revenues are expected to be made by the New Zealand meat sector following a Memorandum of Cooperation ...

Tags: chilled meat, frozen meat

Renault-Nissan Alliance Creates Light Commercial Vehicle Business Unit

Mar 28, 2017

The Renault-Nissan alliance has established a new global light commercial vehicle division in order to increase sales. The division, which will be known as the Renault-Nissan LCV Business Unit, will draw on synergies from Renault, Nissan, ...

Tags: Renault-Nissan, Commercial Vehicle

Lait Kaiser and Cult Yogourt to Acquire Chagnon Dairy

Mar 28, 2017

Lait Kaiser and Cult Yogourt have agreed to acquire Chagnon Dairy, an independent creamery and milk brand based in Quebec, Canada. Chagnon has been processing and selling milk, butter, ice cream and other dairy products for 62 years and ...

Tags: milk, Yogourt

Uk's Fresca Group Forms Avocado Jv with Cartama

Mar 28, 2017

UK fresh fruit and veg supplier Fresca Group has formed a joint venture (JV) with Colombian Hass avocado grower Cartama. The joint venture company, dubbed Cartama UK, will handle the commercialization of the avocados produced by the ...

Tags: fresh fruit, Fresca Group

JBS USA to Buy Deli-Meat Processor Plumrose USA for $230m

Mar 28, 2017

JBS USA has agreed to acquire Plumrose USA, the bacon and deli-meats business of Denmark's Danish Crown, for $230m. The acquisition is in line with JBS' plans to diversify its product portfolio and expansion of prepared foods and branded ...

Tags: deli-meats, bacon

Sanderson Farms Selects Site for New Poultry Complex in Texas

Mar 28, 2017

Sanderson Farms has selected sites in Smith and Wood Counties for building a new feed mill, hatchery, poultry processing plant and waste water treatment facility. These facilities will comprise a state-of-the-art poultry complex with the ...

Tags: Sanderson Farms, Poultry Complex