Ornua has announced expansion into the South Korean market by launching Kerrygold butter. The new product was unveiled by Minister for Agriculture, Food and the Marine, Michael Creed TD at a launch in the Hyundai Department Store ...
Rayonier Advanced Materials has acquired Canadian paper company Tembec for $807m to expand its business into packaging and forest products. The acquisition resulted in the creation of a global company providing high purity cellulose, ...
American meat processing company Tyson Foods has selected western Tennessee as the location of its new $300m chicken production complex. Tyson Foods had originally planned to construct the project in eastern Kansas, near Tonganoxie in ...
Looking at the great growth potential of Taiwan's bio-technology industry, Henri Lenferink, the mayor of Leiden, a city and municipality in the Dutch province of South Holland, led a delegation to Taiwan earlier, discussing cooperation ...
Tags: Biotech Industry
Held annually at Sands Expo in Las Vegas, the U.S., AAPEX (Automotive Aftermarket Products Expo) has ended another successful year and unveiled future trends of the continuously growing auto aftermarket and car servicing industries through ...
Tags: AAPEX 2017, Automotive Aftermarket
Putting aside nearly NT$4 billion (US$132 million), Hiwin, a Taiwan-based leading firm that manufactures precision machinery components, inaugurated a new plant in Suzhou, China. Market insiders forecasted that, plus the production ...
Clondalkin Flexible Packaging Bury, a manufacturer of pre-cut lid and shrink sleeve packaging solutions, has developed a new lidding solution for Kerrygold's Winter Edition yogurt range in Germany. The firm developed 50 micron polyester ...
Tags: Flexible Packaging, Yogurt
A consortium of Chinese investors, which includes Changchun Lianxin Investment Consulting and Shanghai Ground Food Tech, has acquired Brownes Dairy through Australia Zhiran. Brownes was sold by its current owner Archer Capital, a private ...
Tags: dairy products, milk
Paine Schwartz Partners has completed a strategic investment in Lyons Magnus, a developer and manufacturer of fruit and flavor solutions for the foodservice, healthcare and dairy industries. Financial terms of the transaction were not ...
Tags: packaging
For fiscal first-quarter 2018 (to end-September 2017), optical and photonic optical component and subsystem maker Lumentum Holdings Inc of Milpitas, CA, USA has reported revenue of $243.2m, down 5.8% on $258.1m a year ago due to softer ...
Tags: optical component, subsystem
French automaker Groupe PSA has signed a joint venture (JV) agreement with three Algerian partners to build cars in the North African country. The Algerian partners include Condor Electronics, Palpa Pro and Entreprise Nationale de ...
Tags: Algerian Market, PSA, Cars
France-based private equity firm Ardian has agreed to acquire Spanish bakery companies Berlys and Bellsolà with an intention to combine the two businesses. The financial terms of the deal were not disclosed by the parties. Berlys ...
Frutarom Industries has signed an agreement with AB Biotics of Spain for the acquisition of the activity of AB-Fortis with its patent-protected micro-encapsulation technology that facilitates delivery of iron with increased biological ...
For third-fiscal 2017, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $131.9m, up 15% on $115.1m last quarter and up 54% on $85.5m a year ago, marking the first full ...
Tags: LED market, LED Lighting
US-based Alpha Packaging has acquired Graham Packaging’s blow molding facility located in Etten-Leur, Netherlands, in a bid to expand its operations in the European market. Terms of the deal have not been disclosed. The acquired ...
Tags: Alpha Packaging, Packaging