Campbell Soup has completed the sale of its European simple meals business to a UK private equity firm CVC Capital Partners (CVC) for €400m. The sale includes Campbell's national brands of soups, sauces and simple meals, including ...
Tags: Campbell Soup, Food
Maple Leaf Foods has completed the sale of Rothsay, its rendering and biodiesel business, to Darling International of Irving, Texas, for C$645m. Rothsay is a major rendering company in Canada and a producer of biodiesel with six rendering ...
Tags: Maple Leaf, Biodiesel
Sionix Corporation reported today that it received a purchase order for a new Dissolved Air Flotation Unit ("DAF") from Madava Sugar Maple, LLC (home of Crown Maple syrup and sugar) in Dutchess County, New York. The stainless steel unit ...
Tags: Sionix Corporation, Madava Farms
Dell will give its first public demonstration of a 64-bit ARM server this week, the latest step in an industrywide effort to build servers based on low-power chips like those used in smartphones. Dell will show a server based on a 64-bit ...
Tags: DELL, software, Computer Products
Nokia has announced an increase in sales of its Lumia Windows Phone devices to 8.8 million units and posted a surprise €118m profit for its third quarter. However, Nokia's re-acquaintance with profitability was largely due to savage ...
Tags: Computer Products, nokia, smartphone
US-based Boston Scientific has obtained CE Mark approval for its Lotus valve system, a transcatheter aortic valve replacement (TAVR) device designed to treat patients with severe aortic stenosis who are at high risk with surgical valve ...
Tags: Lotus Valve System, Health, Medicine
Maple Leaf Foods, a Canada-based meats and baked goods producer, has launched an auction for its bakery business, which includes 90%-owned Canada Bread. Canada Bread is a manufacturer bread, rolls, bagels and sweet goods, specialty pasta ...
Tags: Agriculture, Food, Bread
Fonterra, a New Zealand-based dairy co-operative, plans to introduce baby milk formula in China, with a pilot project already beginning in the city of Guangzhou. The nationwide sale of Anmum-brand infant milk powder is expected to begin ...
Tags: Agriculture, Food, milk
In a move to overhaul an inefficient industrial sector, Libya is considering the sale of Misrata-based steel plant Libyan Iron and Steel Co (LISCO), along with eight other state-owned companies from various sectors, Libyan Industry Minister ...
Tags: Metallurgy, Mineral, Energy
G&K Services, Inc. announced that Jeffrey L. Wright plans to retire as Executive Vice President and Chief Financial Officer. The company is beginning a search for his successor, considering both internal and external candidates. To ensure ...
Tags: G&K Services, Wright
G&K Services, Inc. reported operating results for the first quarter of its fiscal year 2014, which ended on September 28, 2013. Revenue in the quarter grew by 3.1 percent to $229.3 million, up from $222.4 million in last year’s first ...
Tags: Apparel Retailer, G&K Services
The updated BMW 5 Series range has officially launched in Australia, offering refreshed styling, enhanced equipment levels, powertrain upgrades and a revised price list. On sale since July, the facelfited BMW 5 Series range – ...
Tags: BMW 5 Series, Facelifted Range
The Subaru BRZ Premium Sport Package special edition has been revealed ahead of its exclusive home market on-sale in December. Based on the already STI parts-equipped BRZ S, and touted as a sports car for the “playful adult”, ...
Tags: Subaru, Sport Package
Fiat Group has purchased the remaining half of Italian diesel engine manufacturer VM Motori S.p.A from General Motors for 34.1 million euro ($49.3 million). The acquisition gives Fiat complete ownership of the engine maker, which supplies ...
Tags: Fiat Group, Diesel Makers
Ascent Solar Technologies Inc of Thornton, CO, USA, which makes lightweight, flexible copper indium gallium diselenide (CIGS) thin-film photovoltaic modules that it integrates into its EnerPlex series of consumer products, has introduced ...
Tags: Solar Case, Samsung Galaxy S4