Germany based Knorr-Bremse has signed a deal with Bosch to acquire its on-highway CVS transmission components business in Japan. Following the acquisition, Knorr-Bremse will develop and manufacture gear shift units and clutch actuators as ...
Tags: Commercial Vehicle, Bosch
UPM Raflatac has extended its range of self-adhesive label products that comply with section two of the internationally recognized BS5609 standard for self-adhesive labels for marine use. Five new product approvals bring the number of UPM ...
Tags: UPM, Raflatac label, RP77
US-based ConAgra Foods Lamb Weston and its Netherlands-based partner Meijer Frozen Food have announced to form a new joint venture to cater to the Russian market. The establishment of the joint venture is subject to approval from Federal ...
Tags: joint venture, FAS, ConAgra Foods
Finnish meat processor Atria has announced that it would invest €14m to improve operations at poultry firm Lagerberg which was recently acquired by it. The company will make investments over the next three years to improve the entire ...
Tags: Lagerberg, chicken rearing
US agricultural commodities trader Cargill has sold its wheat flour division in Argentina to Molino Canuelas Sacifia for undisclosed sum. Following the acquisition, Canuelas is expected to control 24% share in the flour in the country. ...
Extrusion and converting systems firm Davis-Standard is planning to expand its manufacturing facility at in Pawcatuck, Connecticut, US. The expansion plan, which includes adding 15,000ft2 of manufacturing space, is expected to create over ...
Perrigo Company has announced that it has reached an agreement to sell its US vitamins, minerals and supplements (VMS) business to International Vitamin Corporation (IVC) for undisclosed sum. The transaction is expected to be completed by ...
Tags: VMS, Perrigo Company
Leak testing helps ensure the integrity of product packaging. Various testing methods can be used including vacuum decay and immersion testing. These methods are designed to detect flexible packaging integrity problems, including large and ...
Perrigo has secured approval from the US Food and Drug Administration to launch three milk-based, store brand non-GMO infant formulas. The company has already started shipments to its retail customers. Several branded, non-GMO formula ...
Tags: three milk-based, non-GMO formula, baby
US-based beverage can manufacturer Ball Corporation has received an approval from the European Commission (EC) for its proposed £4.4bn acquisition of Rexam. The move marks the final regulatory clearance in Europe for the company to ...
Tags: Rexam, beverage can manufacturer
China has announced it is delaying the introduction of regulations which would apply to cross-border e-commerce purchases of Australian food products. e-commerce product distribution compliance The new laws are to be delayed until May ...
Volkswagen has adopted a new strategy to become a lead in sustainable mobility by bringing out more than 30 new e-vehicles by 2025. In order to achieve these goals, the Board of Management - with the approval of the Supervisory Board - ...
Tags: Volkswagen, pact for the future, BEVS
With the increasingly fierce market competition, the increasingly complex product structure and increasingly customers’ demands, how to enhance competitiveness by technology innovation and cost optimization is the common goal of ZF ...
Global investment firm KKR is set to buy 10.4% stake in Indonesia-based agri-food company Japfa for $81.2m. As part of the deal, Japfa will place 750 million new shares to KKR via a private placement at about $52.9m. Concurrent with the ...
Tags: Japfa group, agri-food
Olam International has acquired a 100% stake in Brooks Peanut Company for $85m. Brooks, which was established in 1959, is based in Samson, Alabama. It is currently the sixth largest peanut sheller in the US. The company processes about ...
Tags: Olam International, Brooks, peanut