Africa and the Middle East have driven a rise in exports of food and non-alcoholic drinks from the UK in the first half of 2012, figures show. For the six months to the end of June, food and soft drinks exports increased by 2.2% to ...
Taipei, Dec. 7, 2012 (CENS)--Hota Industrial Manufacturing Co., Ltd. of Taiwan, a major automotive transmission parts maker, recently said that it has just won two big, long-term orders, including a seven-year order from an Australia-based ...
Tags: Hota Wins Big, Transmission Parts Orders, transmission gears
UK-based chilled foods group Bakkavor has sold its businesses in France and Spain to French co-op Agrial. Bakkavor said today (23 November) it has reached a formal agreement with Agrial, Société Cooperative Agricole et ...
Tags: chilled foods, food cooperative, food, chilled foods group
KING OF PRUSSIA, Pennsylvania – Renmatix, the leading manufacturer of biobased sugar intermediates for global chemical and fuel markets, has received the Platts Global Energy Award for Sustainable Innovation. Over the past 14 years ...
Tags: Platts Global Energy Award, sugar intermediates, innovation
South African poultry group Astral Foods has booked a 23% drop in full-year earnings on higher grain prices and greater competition from European and South American poultry importers. Net income fell to ZAR392m (US$38m) in the year to end ...
Tags: Astral Foods, drop, earnings, corn costs
German retail giant Metro Group has sold its Real grocery chain in eastern Europe to French retailer Auchan for EUR1.1bn (US$1.4bn). The transaction, announced today (30 November), comprises Real's operational activities in Poland, ...
Tags: Auchan, Metro Group, chain in eastern Europe
Canadian food and drink manufacturer Lassonde Industries has booked an increase in first-half profits. In the six months to the end of June, earnings climbed 16.8% to C$21.6m (US$21.7m). The acquisition of juice firm Clement and Pappas & ...
Tags: food manufacturer, drink manufacturer, profits, food, drink
Canadian c-store chain Couche-Tard has booked an increase in first-half profits boosted by acquisitions. In the 24 weeks ended 14 October, earnings amounted to C$278.1m (US$279.7m), a 9.9% increase on the prior year period. The group said ...
Tags: acquisition, Couche Tard
US-based Dole Food has announced that it has received stockholder approval for the sale of its worldwide packaged foods and Asia fresh businesses to Japanese trading house Itochu for $1.685bn in cash. Currently, the deal has received ...
Tags: Dole Food, stockholder approval, packaged foods, food industry
The established markets of UK meat processor Hilton Food Group are under pressure, according to analysts, despite first-half results coming in above some expectations. The company this morning (11 September) reported flat half-year ...
Tags: Hilton, meat processor, Food Group, Food
A plague of ‘zombie companies’ is threatening to suck the vitality out of the UK economy, according to leading insolvency experts, and the food manufacturing sector could be under threat. Food and drink manufacturers face ...
Tags: zombie companies, UK economy, food manufacturing, zombie business threat
The long-awaited disposal of Metro's Real grocery chain in eastern Europe was finally announced this week, putting an end to months of speculation over the future of the division. French retail giant Auchan was the buyer, securing the ...
Tags: Aucha, Real grocery chain, Metro's Real, grocery
According to LEDinside, the LED research division of TrendForce, despite the rush orders during 2Q12 which kept LED chip and package makers’ utilization rates high, the 3Q12 outlook for LED backlight market turns murky due to the ...
Tags: LED Backlight
Hologic, a developer of diagnostic, medical imaging and surgical products, has purchased Gen-Probe for a total net purchase price of $3.8bn. Under the acquisition, Gen-Probe will now be integrated into Hologic as a subsidiary. Following ...
Tags: Hologic, surgical products, Gen-Probe, acquisition, subsidiary, transaction
Arabian Business reported that Saudi Arabia has pledged USD 487 million assistance package to help support new development projects in Jordan. Mr Abdullah Ensour PM of Jordhan said that the first USD 125 million will be transferred soon ...
Tags: Arabian Business, gas, fuel