Australia’s largest multi-brand retail food franchisor and leading wholesale coffee roaster, Retail Food Group Limited (RFG) has announced a record Net Profit After Tax (NPAT) of $36.9 million for the 2014 financial year, an increase ...
Tags: Retail Food Group, coffee roaster
UK-based distributor of protective packaging materials Macfarlane has acquired the entire issued share capital of Network Packaging for about £7.5m. The company has also conditionally raised £3m by placing 8,000,000 shares at ...
Tags: Macfarlane, Packaging
Campbell Soup Company today reported its fourth-quarter and full-year results for fiscal 2014. The company reported earnings from continuing operations for the quarter ended Aug. 3, 2014, of $137 million, or $0.43 per share, compared with ...
Tags: Agriculture, Food
Led by a surge in net income, diluted EPS skyrocketed 62.5% year-on-year at Zumiez Inc, a retailer of action sports related apparel, footwear and accessories for the second fiscal quarter ended August 2, 2014. Net income in the second ...
Tags: Apparel, Accessories
AK Steel announced Wednesday that for the third quarter of 2014, the company expects shipments of approximately 1,350,000 tons, a decrease of approximately 3 percent from the 1,398,000 tons shipped in the second quarter of 2014. Shipments ...
Tags: AK Steel, Metallurgy
Sustainable mobility provider Renault-Nissan Alliance will supply fleet of 200 electric vehicles to telecom operator Orange as a part of an agreement signed between the companies. Orange plans to use the vehicles for car-sharing purpose ...
Tags: Auto, Electric Vehicles, Transportation
Chinese building materials and glass manufacturer CNBM (China National Building Materials Group Corp) has completed its acquisition (announced on 22 April) of Avancis GmbH of Torgau, Germany, which manufactures copper indium gallium ...
Tags: building materials, glass
As clients are adjusting inventories of LED chips used in backlighting and lighting, demand for LED chips in the third quarter of 2014 will significantly decrease sequentially, according to chairman Lee Biing-jye of Taiwan-based LED ...
Tags: LED Demand, LED Chips
US-based meat producer Tyson Foods has received approval from the antitrust division of the US Department of Justice (DOJ) for its previously announced $8.5bn purchase of Hillshire Brands. DOJ said that Tyson Foods has agreed to sell its ...
Tags: Tyson Foods, DOJ, Food
Burger King has confirmed the acquisition of Tim Hortons, the Canadian coffee and doughnut chain, for about $11bn, following an approval from the boards of directors of both companies. The deal will create the world's third-largest ...
Tags: Burger King, Acquisition, Food
Corrugated and plastics packaging company DS Smith has completed the acquisition of remaining 50% stake in Italian recycling company Italmaceri Srl. DS Smith's acquisition of Italmaceri was a part of the acquisition of SCA Packaging in ...
Aceros Carazo, a Costa Rica-based company dedicated to the import and marketing of steel industry equipment, announced this week that it has acquired Reimers Industrial, a 107-year-old distrubutor. With the acquisition of Reimers, Aceros ...
Tags: Aceros Carazo, Distributor, Energy
Weidenhammer Packaging, headquartered in Hockenheim, Germany, is one of Europe’s leading providers of composite cans, drums and luxury tubes with around £1,100 employees and operates numerous production facilities across Europe. ...
As part of its US expansion strategy, catalyst specialist Umicore has entered into a long-term agreement to recycle cobalt-containing hard metals scrap from Global Tungsten and Powders Corp (GTP) to produce cobalt fine powders. GTP is a ...
Tags: Umicore, GTP, Electrical
American packaging company Sonoco has agreed to acquire Germany-based Weidenhammer Packaging for an amount of approximately $383m (€286m). Sonoco president and chief executive officer M Jack Sanders believes the acquisition will help ...