SCA Hygiene Products and Sappi applied at the German Federal German Cartel Office for approval for the formation of a joint company on 5 November. The companies thereby implemented the announcement made by SCA in September that by the turn ...
Nissan Motor will increase the presence of its luxury car division Infiniti in China by building two new models in the country starting in 2014. Nissan's Chinese joint venture company, Dongfeng Motor (DFL) will build the two new models at ...
Tags: Nissan, Infiniti, luxury car
The Chinese government has approved the split of joint venture (JV) of Ford, Mazda and their Chinese partner Changan as part of Changan Ford Mazda Automobile’s (CFMA) restructuring plan. The approval allows the three way JV to ...
Tags: Ford, Mazda, restructuring plan
Toyota Motor Europe (TME) and PSA Peugeot Citroen (PSA) have signed an agreement that will see the PSA supply light commercial vehicles to TME from mid 2013. Under the agreement, PSA will produce a Toyota-branded medium-sized van based on ...
General Motors Egypt has begun the production of Chevrolet Move passenger van at its facility in 6th of October City, by using the kits delivered by GM China’s SAIC-GM-Wuling joint venture. GM has invested $10m in upgrading the ...
Tags: GM Egypt, Chevrolet Move, passenger van
Japanese carmaker Mazda Motor and Malaysian sales company Bermaz Motor have established a new joint venture (JV) company called Mazda Malaysia. The $27.4m joint venture, which will be headquartered at Shah Alam, Selangor in Malaysia, is ...
Tags: Mazda, Bermaz, JV company
Japanese carmaker Mazda Motor (MMC) is planning to establish a production and sales joint venture with its Malaysian local distributor Bermaz Motor in 2012. According to the carmaker, the new JV will further enhance its business and brand ...
Tags: Mazda, JV with Bermaz, Malaysia
Irish nutritional solutions and cheese firm Glanbia has entered into an agreement to sell 60% stake in its dairy ingredient division – Dairy Ingredients Ireland (DII) - to its largest shareholder Glanbia Co-op Society, in a ...
Tags: nutritional solutions and cheese firm, dairy ingredient division
Glanbia's Dairy Ingredients Ireland (DII) has unveiled a new whey protein isolate facility at its milk processing base in Ballyragget, County Kilkenny, with an investment of EUR21m. The facility features a micro-filtering system to ...
Tags: new whey protein isolate facility, milk processing base
Aviva has shortlisted Prudential and Manulife from the four potential buyers, which were selected from a second stage of bidding for Aviva's insurance business in Malaysia. The Malaysian underwriting business of Aviva is expected to fetch ...
Religare Health Insurance (RHICL) has formally launched its general insurance operations with head office in Delhi, India, as part of its business initiations in July 2012. Religare Health Insurance MD &CEO Anuj Gulati said, "Given our ...
Tags: Health Insurance, insurance operations, insurance firm, insurance
Glanbia, an Ireland-based food group, is in negotiations with its majority shareholder Glanbia Co-operative Society, to sell 60% stake in its Irish dairy processing business, Dairy Ingredients Ireland, through a joint venture. According ...
Tags: food group, dairy processing business, a joint venture
The third biggest underwriter in Europe Generali has appointed Mario Grecoas its new CEO, after terminating the employment contract between the company and Giovanni Perissinotto as general manager. Before accepting the current position at ...
BMW and Boeing have signed an agreement to collaborate on carbonfibre technology that will flow through to the German car maker's future production cars. The partnership will see BMW share carbonfibre manufacturing know-how with the ...
Tags: Boeing, collaborate, BMW, carbonfibre, car maker, car
PVI Holdings and Sun Life Assurance Company of Canada, has entered into an agreement to establish a joint venture, called PVI Sun Life Insurance Company Limited (PVI Sun Life) to offer innovative life insurance products to customers in ...
Tags: life insurance, joint venture, PVI Sun Life Insurance, insurance product