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Wind Point Partners Is Looking at Options to Sell Hearthside Food Solutions

Oct 29, 2013

Wind Point Partners, a US-based private equity firm, is looking at options to sell its portfolio company Hearthside Food Solutions in a deal which reportedly could fetch more than $1bn. The private equity firm has appointed Barclays to ...

Tags: Wind Point, Food Solutions

Saputo Has Increased Its Takeover Bid by 14% to Acquire Warrnambool Cheese and Butter

Oct 29, 2013

Saputo, a Canada-based dairy company, has increased its takeover bid by 14% to A$449 million ($430m) to acquire an Australian dairy processor Warrnambool Cheese and Butter. The move comes after diary co-operative Murray Goulburn (MG) ...

Tags: Saputo, dairy company

ASR Group Has Purchased 50% Stake SFIR Raffineria Di Brindisi From ED&F Man

Oct 29, 2013

ASR Group, a cane sugar refining and marketing company, has purchased 50% stake in Italian sugar refinery SFIR Raffineria di Brindisi from ED&F Man, a specialist merchant of agricultural commodities, for an undisclosed amount. Built in ...

Tags: ASR Group, Sugar Refinery

Siemer Milling Has Teamed up with Nagel&Son to Open a Wheat Facility in West Harrison

Oct 29, 2013

Siemer Milling, a US-based flour milling firm, has teamed up with Nagel & Son to open a $37.4m wheat facility in West Harrison, Indiana, while creating 35 new jobs by 2016. The facility, which will be dubbed as Whitewater Mill, is ...

Tags: Siemer Milling, flour milling

Kraft Foods Recalls Certain Varieties of Kraft and Polly-O String Cheese&Twists Products

Oct 29, 2013

Kraft Foods has recalled certain varieties of Kraft and Polly-O String Cheese and String Cheese Twists products, as they may spoil, leading to product discoloration, the US Food and Drug Administration (FDA) announced. The products ...

Tags: Kraft Foods, Cheese Products, Spoilage Issues

Brewdog Is Set to Invest £5m in The Expansion of Its Ellon Brewery Later in Oct 2013

Oct 29, 2013

British craft beer brewer BrewDog is set to invest £5m in the expansion of its Ellon brewery later in October 2013. It is also planning to expand its management team, brewery and bars in a move to increase its turnover to £19m ...

Tags: Brewdog, Ellon Brewery

Chrysler Group Agreed with Mcmaster University to Develop Components

Oct 29, 2013

Chrysler Group has entered into a five-year C$18.2m ($17.40m) agreement with McMaster University to develop next-generation, electrified powertrains and powertrain components. The project will receive funding support from the Canadian ...

Tags: Chrysler, Electrified Powertrains

Governors Agreed to Put 3.3 Million Zero-emission Vehicles on Road

Oct 29, 2013

Governors from eight states in the US have signed a cooperative agreement to put 3.3 million zero-emission vehicles on road in their states by 2025. The states under this deal include California, Connecticut, Maryland, Massachusetts, New ...

Tags: Zero-Emission Vehicles, battery-electric vehicles

Bosch and PSA Peugeot Citron Revealed Two New Technologies

Oct 29, 2013

Bosch and PSA Peugeot Citron, along with other partners, are cooperating on the OpEneR (Optimal Energy Consumption and Recovery) research programme, designed to improve the range of future hybrid and electric vehicles and optimise driver ...

Tags: PSA Peugeot Citron, Bosch

New Volvo Drive-E Powertrain Was Launched by Volvo Car Group

Oct 29, 2013

Volvo Car Group’s new two-litre, four-cylinder Drive-E powertrain family can truly be considered as offering customers a world-class blend of drivability and low CO2 emissions. The Volvo S60 T6 with 306 horsepower and the new ...

Tags: Volvo Car, Drive-E Powertrain

BMW Treated The Compact Segment to Its Customary Brand of Driving Pleasure Once Again

Oct 29, 2013

This is not the first time that BMW has treated the compact segment to its customary brand of driving pleasure. The BMW 1 Series, for example, has fulfilled this role for almost 10 years now, its standout position among its rivals rooted ...

Tags: BMW, 2 Series Coupe

Audi Launched Its New RS5 Cabrio in The Australian Market

Oct 29, 2013

German automaker Audi has launched its new RS5 Cabrio in the Australian market , which is available for sale through orders. The new car joins the company's RS5 Coupe, which was launched earlier in Australia. RS5 Cabrio is equipped with ...

Tags: Audi, RS5 Cabrio

Hyundai Motor Plans to Introduce Its New Genesis Sedan in Europe

Oct 29, 2013

South Korean automaker Hyundai Motor is set to introduce its new Genesis sedan in Europe in 2014. The automotive giant along with Kia Motors Corp, will introduce the car in South Korea in November 2013, followed by rollouts in the US and ...

Tags: Hyundai, Sedan

Land Rover Is Extending Its Family of Peerless Luxury Vehicles

Oct 29, 2013

Land Rover is extending its family of peerless luxury vehicles with the introduction of long-wheelbase variants of the Range Rover vehicle and the addition of an exclusive new ultra luxury edition- the Range Rover Autobiography Black. ...

Tags: Land Rover, luxury vehicles

Many Customers Are Anticipating The Launch of The New Compact SUV

Oct 29, 2013

Following the successful world premiere of the Mercedes-Benz GLA at the IAA in Frankfurt, many customers are already eagerly anticipating the launch of the new compact SUV from Mercedes-Benz. Now the anticipation is being cranked up a ...

Tags: Mercedes-Benz, GLA