French automaker PSA Group is in talks to acquire the European operations of General Motors' (GM) business, including the Vauxhall and Opel brands. PSA and GM have earlier had a close alliance, working together on three projects since ...
US-based infant formula manufacturer Mead Johnson has agreed to acquire spray drying and finishing capabilities from Australian food group Bega Cheese for A$200m. The deal includes one of Bega Cheese's spray dryers at Tatura and an infant ...
Tags: Cheese, infant formula
Chile became China's leading supplier of fresh fruits in 2016, overtaking Vietnam and even Thailand, local media reported on Wednesday. Chile exported 1.2 billion U.S. dollars of fresh fruit, mainly cherries, to China last year, the daily ...
Tags: Fresh Fruits, Cherries, Grapes
UK-based packaging firm RPC Group has signed an agreement to acquire Letica, a US-based manufacturer rigid plastic packaging and foodservice products, for $640m. Letica is engaged in manufacturing rigid plastic packaging and foodservice ...
Tags: packaging, RPC Group, rigid plastic
Comexi, specialist in machinery solutions for the flexible packaging converting industry, consolidates its presence in Central America by incorporating the experience of Go Print as an agent company. The agreement was formalized a few ...
Thirteen energy, transport and industry companies have launched a global initiative to voice a united vision and long-term ambition for hydrogen to foster the energy transition. In the first global initiative of its kind, the ...
Tags: Hydrogen Council, Davos
Daimler and Uber have entered into an agreement with an intent to cooperate on the supply and operation of autonomous vehicles. Under the terms of the cooperation Daimler plans to introduce self-driving vehicles also on Uber’s ...
Tags: Daimler, Self-Driving Vehicles
General Motors (GM) and Honda are investing $85m each into a joint venture (JV) that intends to start mass production of hydrogen fuel cells by 2020. The JV, Fuel Cell System Manufacturing, will operate within GM's existing battery pack ...
UQM Technologies has signed a development agreement with Michigan-based Meritor to jointly develop full electric axle systems (E-Axles) targeting the medium and heavy-duty commercial vehicle market. The development program is expected to ...
German automobile manufacturer Audi is set to further expand its business activities in the Chinese market. Together with its local partner FAW Group, the company has defined 21 key strategy fields with respective goals in a 10-year plan. ...
Tags: Audi, Chinese Market
The PSA Group and the CK Birla Group have sign joint-venture (JV) agreements to produce and sell vehicles and components in India by 2020. The ceremony of signature lays the foundation for a long term partnership between the two Groups ...
Tags: PSA Group, CK Birla Group
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
Volkswagen is nearing a $4.3bn settlement with the US regulators that would include pleading guilty to several criminal charges in the diesel emissions scandal. The company is in advanced discussions with the USDepartment of Justice and ...
Tags: Volkswagen, Diesel Emissions
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
Irish dairy products firm Ornua has entered into an agreement to supply New Zealand homemade yogurt brand EasiYo’s products in the UK and Europe. In this regard, Ornua Nutrition Ingredients (ONI) has signed a 5-year ...
Tags: dairy products, European Markets