CenterOak Partners announced that it has completed a majority investment in Wetzel’s Pretzels, the second largest owner and franchisor of soft pretzel stores. Financial terms of the transaction were not disclosed. Headquartered in ...
US snacks firm Amplify Snack Brands has completed the acquisition of UK-based potato crisps producer Tyrrells from private equity firm Investcorp. The completion resulted in Tyrrells becoming a wholly-owned subsidiary of Amplify. For ...
Tags: Amplify Snack Brands, acquisition, Tyrrells
US-based Yum! Brands has entered into an agreement with Primavera Capital and Ant Financial Services to invest a total of $460m in Yum China. While Primavera Capital is a China-based global private equity firm, Ant Financial is an online ...
Sydney Airport has unveiled Australia’s first electric airport bus, as part of a $5 million investment in environmentally friendly ground transport technology. The Electric Blu bus is the first of a fleet of six electric buses to be ...
Australia’s first fully driverless and electric shuttle bus, the RAC Intellibus, has started the on-road stage of its trial in South Perth. The RAC Intellibus will carry passengers and interact with traffic, parked cars, cyclists ...
Tags: RAC Intellibus, driverless and electric shuttle bus, South Perth
US-based snack maker Snyder's-Lance has announced that its subsidiary Kettle Foods will acquire the remaining 74% stake in Metcalfe's skinny. However, the financial details of the transaction were not disclosed. In January, Kettle Foods ...
EpiGaN nv of Hasselt, near Antwerp, Belgium, which supplies commercial-grade 150mm- and 200mm-diameter gallium nitride on silicon (GaN-on-Si) epitaxial wafers for 600V high-electron-mobility transistor (HEMT) power and RF devices, says that ...
Sanderson Farms reported results for the third fiscal quarter and nine months ended July 31, 2016. Net sales for the third quarter of fiscal 2016 were $728.0 million compared with $739.9 million for the same period a year ago. For the ...
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The J. M. Smucker Company announced results for the first quarter ended July 31, 2016, of its 2017 fiscal year. All comparisons are to the first quarter of the prior fiscal year, unless otherwise noted. Executive Summary Net sales ...
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Mobileye and Delphi Automotive have partnered to jointly develop a complete SAE Level 4/5 automated driving solution. The program will result in an end-to-end production-intent fully automated vehicle solution, with the level of ...
Tags: Mobileye, Delphi Automotive, SAE Level 4/5 automated driving solution
The start-up of Kotkamills' rebuilt board machine 2 (BM2) in Finland took place on July 22, 2016. Valmet supplied key technology and automation package for the extensive paper machine grade conversion project. The printing paper (MFC) ...
Tags: Valmet, start-up of Kotkamills, BM2, MFC
Resolute Forest Products, along with Serres Toundra, has entered into a definitive agreement with CO2 Solutions to deploy leading enzyme-enabled carbon capture technology at Resolute's Saint-Félicien pulp mill. The C$7.4 million ...
Tags: Resolute Forest Products, Serres Toundra, CO2 Solutions
KapStone Paper and Packaging announced that the Board of Directors elected Paula H.J. Cholmondeley as a director of the company, effective 11 August 2016. Ms. Cholmondeley joins the Board of Directors as a Class B director with a term ...
Nordson Corporation reported results for the third quarter of fiscal year 2016. For the quarter ending July 31, 2016, sales were $490 million, a 6 percent increase from the prior year’s third quarter. This change in sales includes a ...
Multi Packaging Solutions International, a global leader in value-added print and packaging solutions for the branded consumer, healthcare, and multi-media markets, announced results for 4Q and Fiscal Year 2016. 4Q FY 2016 vs 4Q FY 2015: ...