Food packing firm Hilton Food has entered into a joint venture (JV) with Portugese retailer Sonae Modelo Continente to supply its stores with a range of packaged beef, lamb, veal and pork products. As per terms of the deal, Hilton will ...
Tags: Hilton Food, Portuguese Market
German group Korber has completed the acquisition of Fargo Automation, which is based in North Dakota, US. Fargo designs and manufactures packaging equipment for pharmaceutical and medical device industries. With this acquisition, Korber ...
Tags: Korber, medical device
Philippines canned food company Century Pacific Food (CNPF) will acquire 100% stake in a group of unnamed Chinese distribution companies for a total price of $2.56m to further expand its branded exports business. In this regard, CNPF is ...
Tags: Century Pacific, exports business
French dairy giant The Lactalis Group has offered its Italian subsidiary Parmalat a buyout offer of €637m for the 12.26% stake it doesn’t hold. The move from the Lactalis is to take 100% control of Parmalat in order to delist ...
Tags: dairy, Lactalis Group
Asia Pulp and Paper Group (APP) subsidiary Pindo Deli Pulp and Paper Mills is implementing Clean Manufacturing Program (CMP) to save energy and natural resources in its production of all its paper, tissue and packaging products. The ...
After months of delay, Apple's AirPods are available for you to order online for $159 (£159, AU$229), the company said Tuesday. The wireless headphones will be available in stores next week. Apple introduced the AirPods at its ...
Tags: Apple, AirPod, wireless headphone
Spirits and wine firm Pernod Ricard has agreed to acquire a majority stake in West Virginia distiller Smooth Ambler Spirits. The purchase, to be made by Pernod Ricard North America subsidiary NBV Investments, is anticipated to be ...
Tags: Pernod Ricard, Spirits
ConAgra Grocery Products, a subsidiary of ConAgra, has agreed to pay a fine $11.2m to resolve a decade long peanut butter case related to a countrywide outbreak of salmonella in the US. The company has pleaded guilty of shipping ...
Tags: ConAgra, Peanut Butter
Spanish food company Ebro Foods has announced the merger of its three US rice and pasta companies in a bid to become a major player in the two segments in the country. The companies to be merged, with effective from 1 January 2017, are ...
Tags: Ebro Foods, Rice, Pasta
Post Holdings has agreed to settle the egg antitrust class action claims against its subsidiary Michael Foods in the US, with a $75m payment. A class action lawsuit, In re Processed Egg Products Antitrust Litigation, was lodged in 2008 in ...
Tags: Post Holdings, Egg
Fiat Chrysler Automobiles (FCA) has secured a €250m loan from the European Investment Bank (EIB) for its research and development (R&D) projects. The three-year loan will support the automobile manufacturing group’s activities ...
Tags: Chrysler, R&D Projects
Jia Yueting for the two time in the "Chinese entrepreneurs" annual meeting. First, in December 2015, to meet the "noble" of Liu Chuanzhi, and bring a series of practical interest; second, December 2016, in order to hold a free conference. ...
December 11th afternoon, Jia Yueting at the annual meeting of China's corporate leaders to respond to the recent outside world as the music price, supply chain, capital, automotive and many other aspects of the query. During the period, ...
Upper Street Marketing's new subsidiary Ennoble Beverages has secured exclusive sales and distribution rights to the fast-growing Frank's RedHot Beverage portfolio. Securing exclusive rights to this portfolio, which currently includes ...
Tags: Beverage, Ennoble Beverages
US-based agricultural company Monsanto has secured an approval from its shareholders to merge its business with a subsidiary of German pharmaceutical company Bayer for $66bn. As per the terms of the merger deal, the shareowners will be ...
Tags: Monsanto, Merger Deal