Peregrine Semiconductor Corp of San Diego, CA, USA – a fabless provider of radio-frequency integrated circuits (RFICs) based on silicon-on-insulator (SOI) – has announced its corporate name change to pSemi Corp, a Murata company ...
Tags: Semiconductor, integrated circuit
Tetra Pak said that it will support the European Commission’s plastics strategy in a bid to reduce plastic pollution. The company will collaborate with industry partners to use recycling solutions for all components of beverage ...
Tags: Tetra Pak, Plastics Strategy
Kush Bottles, a provider of packaging, supplies, vaporizers, accessories and branding solutions for the regulated cannabis industry, has reported financial results for its first fiscal quarter of 2018, for the period ended 30 November 30 ...
Tags: Kush Bottles, cannabis industry
Nestlé has agreed to sell its US confectionery business, made up of more than 20 brands, to Italian confectionery giant Ferrero for $2.8bn. The confectionery business of Nestle in the US makes up about 3% of US Nestle Group sales. ...
Sysco has agreed to acquire Kent Frozen Foods, a UK-based foodservice distributor, for an undisclosed price to expand its European business. The acquisition, which is conditional upon approval from the Competition and Markets Authority, ...
Tags: Frozen Foods, Sysco
International Paper has completed the transfer of its North America Consumer Packaging business to Graphic Packaging. Graphic Packaging holds 79.5% stake in the combined company, while IP owns the remaining 20.5% interest. In October ...
Tags: Graphic Packaging, Packaging
Stone Canyon Industries (SCI) has announced recapitalization of its packaging subsidiary with a minority investment from Ontario Teachers', Canyon Capital, PSP Investments and Arcadia. Under the deal, SCI is issuing $850m series A ...
Tags: Stone Canyon Industries, packaging
The Renault-Nissan-Mitsubishi automotive alliance has launched a venture capital fund to invest up to $1bn in the next five years. The new entity will act as main interface for start-ups, investors and the venture capital ecosystem to ...
Tags: automotive, Nissan
OptiGroup has acquired businesses in Romania and Finland to expand its operations of the industrial and safety solutions segment. Proxima Tapes and Proxima Comserv provide industrial packaging sales and services to the customers in the ...
Tags: OptiGroup, industrial packaging
PicoBrew has introduced PicoStill distilling device at CES 2018, elevating craft brewing For homebrewers and professional distillers. Licensed and properly permitted craft distillers or individuals can also use the PicoStill to produce a ...
TomTom is accelerating the future of driving with new technologies and partnerships. TomTom (TOM2) revealed new technologies for autonomous driving, with the launch of TomTom AutoStream – a game-changing map delivery service that ...
Tags: Autonomous Driving, CES
Volkswagen and Hyundai Motor have partnered with US self-driving technology startup Aurora Innovation to speed up their autonomous car programs. The partnerships were announced at CES 2018 in Las Vegas, US. Aurora, which designs and ...
Tags: Volkswagen, Hyundai Motor
Automotive drivetrain supplier Dana has inaugurated a new axle production facility in Toledo, Ohio, at the site that was initially home to Willys-Overland Motors, which had developed the original Jeep. The 300,000 sq. ft. facility was ...
Tags: Jeep Wrangler, Jeep
Mahindra Automotive North America (MANA) has inaugurated a new North American headquarters and manufacturing facility, the first such new OEM facility in Southeast Michigan in over 25 years. The expansion is part of a $230 million ...
Tags: off-highway vehicle
The Hershey Company has agreed to acquire Amplify Snack Brands for about $1.6bn to boost its position in the snacking aisle and expand its portfolio of savory snacking brands. The transaction amount also includes around $600m of net debt ...
Tags: Hershey, Amplify Snack