Canadian consumer packaged meats firm Maple Leaf Foods has agreed to acquire American refrigerated plant-based protein foods manufacturer Lightlife Foods from Brynwood Partners VI for approximately $140m. Maple Leaf will finance the ...
Tags: Maple Leaf, Lightlife Foods
Worldwide robot makers have been expanding their capacity recently with Germany-based Kuka cooperating with the China-based Midea Group to expand its capacity in Europe and China. Meanwhile, Japan-based Yaskawa has also increased investment ...
Tags: Industrial Robot, Robot
Volkswagen has launched a new subsidiary designed to oversee $2bn in investments to promote zero-emission vehicles in the US. The new company, Electrify America, will be based in Reston, Virginia. It will invest in the construction and ...
Tags: Volkswagen, Zero-Emission Vehicles
Honda Motor and Hitachi Automotive Systems have signed a memorandum of understanding (MoU) to establish a joint venture company for developing, manufacturing and selling electric vehicle motors. The two companies now will conduct formal ...
Tags: Honda, Electric Vehicle Motors
Stone Canyon Industries (SCI), through its subsidiary BWAY, has agreed to acquire Mauser Group, a rigid packaging products supplier, from private investment firm Clayton, Dubilier & Rice (CD&R) for $2.3bn. German firm Mauser operates more ...
Tags: Stone Canyon, Packaging
Renault has acquired Power Vehicle Innovation (PVI), a specialist in the electrification of Light Commercial Vehicles. The assets of PVI, which boasts recognised expertise in the design and conversion of commercial vehicles running on ...
Alpine 4 Technologies is providing Elio Motors its 6th Sense Auto and BrakeActive products, as well as related manufacturing, data sharing and engineering resources. Elio Motors, based in Phoenix, is a high-profile startup vehicle ...
Tags: Elio Motors, BrakeActive products
AstroNova’s wholly owned Danish subsidiary ANI has signed an agreement to acquire European digital printing manufacturer Trojanlabel. Denmark-based Trojanlabel is engaged in manufacturing products including digital color label ...
Tags: AstroNova, Danish Digital Printing
Iceland-based seafood company Icelandic Group has begun the process of divesting its subsidiary Gadus in Belgium. It was in 2012 that Icelandic had acquired Gadus for an undisclosed price. The decision to sell Gadus by Icelandic Group ...
Tags: Subsidiary Gadus, seafood
Quad/Graphics has installed Fujilfilm’s J Press 720S at its commercial and specialty facility in Dallas, Texas, US. The facility produces short-run and print-on-demand catalogs, annual reports, manuals, marketing brochures, retail ...
Finland-based pulp and paper manufacturer Stora Enso has divested its 100% stake in packaging machine producer Formeca to Amitec for undisclosed amount. Formeca, Stora Enso’s Finnish subsidiary, is engaged in providing high-quality ...
Tags: Amitec, Packaging Machine
Global speciality chemicals distributor Azelis has expanded its African operations by opening a new office in Abidjan, Ivory Coast. The new office forms part of Azelis’ commitment to invest in Africa. The company established its ...
Tags: speciality chemicals, Ivory Coast
Brazilian meat company BRF has launched a new subsidiary named OneFoods to target the halal market in Middle East countries. The company has commenced the operations of the new subsidiary, which previously was called Sadia Halal. With ...
Tags: Halal Market, BRF
Hilton Food Group has entered into an agreement with Sonae Modelo Continente to form a 50/50 joint venture for the supply of packaged meat products to Sonae stores in Portugal. The joint venture will supply a range of packaged beef, lamb, ...
Tags: Hilton, Meat Products
US-based ProAmpac subsidiary Ampac is launching its Pull Tab beverage pouch in the US for alcoholic beverages market. The Ampac’s new Pull Tab pouch, which will now be marketed and produced in US, was initially launched in 2014 in ...
Tags: Ampac, alcoholic beverages