Frutarom has agreed to acquire 75% stake in savory solutions provider Piasa Group for approximately MXN405m ($20.5m) to foray into the Mexican market. Piasa is Frutarom’s first acquisition in Mexico, while being the fifth in the ...
Tags: Frutarom, Piasa Group
International Flavors & Fragrances announced that it has entered into an agreement to acquire Fragrance Resources. Founded in 1987, Fragrance Resources is a privately-held, family-owned fragrance company. For almost 30 years, it has ...
Tags: Fragrance Resources, Fragrance
Carbonated mixers maker Q Drinks has entered into a national partnership with Breakthru Beverage Group. The partnership gives Q Drinks the same powerful level of distribution and promotion channels in liquor stores, bars, restaurants, and ...
Grundfos and the international development charity WaterAid have announced a new five-year partnership. Grundfos will support WaterAid by providing advice on the use and maintenance of its water systems in some of the world’s ...
Tags: Grundfos, WaterAid, five-year partnership
Grundfos’s earnings before interest and tax (EBIT) for the first six months of 2016 increased by 29% on 2015, from DKK637 million to DKK824 million. Half-year 2016 turnover however slipped 2.5% to almost DKK11.6 billion. ...
Firm attributes the growth to the ongoing success of well established brands like LEGO City and LEGO Ninjago, as well as the strong debut of LEGO Nexo Knights. The LEGO Group has delivered a turnover of DKK 15,692 million in the first ...
Tags: LEGO, LEGO City, LEGO Ninjago, LEGO Nexo Knights
Planet Paper Group, a family owned company, has three locations across Canada and employs over 300 people. The company is a nationwide packaging products, display and fulfillment service provider to CPG and consumer products ...
Tags: Planet Paper, Packaging
Protean Electric announced that it received $70m in new funding from GO Scale Capital, Zhejiang VIE Science & Technology Co. Ltd., and Tianjin THSG Corporation. The investment follows Protean's announcement in May that the Company is ...
Tags: Protean Electric, in-wheel motors
Chinese fruit exporter Golden Wing Mau Agricultural Produce has acquired 19.99% stake in New Zealand fruit and vegetable group Turners & Growers (T&G) Global. Golden Wing Mau paid NZD2.95 a share to purchase 13.16 million shares from ...
Tags: fruit, Golden Wing Mau
Volvo Cars has commenced production of the new V90 premium estate at its Swedish manufacturing facility in Torslanda. The production of the all new V90 is taking place after four months since its official unveiling. The first ...
Tags: V90 premium, Volvo Cars
Volvo Cars has unveiled two new concept cars that move the Swedish brand in an audacious new direction and mark the official launch of its global small car strategy. Today's newly-revealed 40 series concepts demonstrate for the first time ...
Tags: Volvo Cars, Concept Cars
OpSec Security has started negotiations to acquire the security business of API Holographics, which primarily serves the UK market. API Group plans to complete the divestment process by April, after consulting with the employees, ...
Tags: OpSec, Aquisition, API Holographics, API Group
Israel-based ingredients company Frutarom has acquired 50% stake in Algalo Industries to fortify its position in algae-based products segment. Frutarom has invested NIS10m ($2.6m) to acquire the stake. As part of its growth strategy, ...
Tags: Frutarom, algae-based products
Shen Hao, former president of 21st Century Media Co. Ltd., was sentenced to four years in prison on Thursday for blackmailing companies by threatening negative coverage. Shen was convicted of extortion and forced transactions, among other ...
Qorvo Inc of Greensboro, NC and Hillsboro, OR, USA, which provides core technologies and RF solutions for mobile, infrastructure and aerospace/defense applications, has received its first production orders for its recently launched highly ...
Tags: Qorvo, BAW filter, multiplexers