US-based infant formula manufacturer Mead Johnson has agreed to acquire spray drying and finishing capabilities from Australian food group Bega Cheese for A$200m. The deal includes one of Bega Cheese's spray dryers at Tatura and an infant ...
Tags: Cheese, infant formula
BlackBerry has opened a new QNX Autonomous Vehicle Innovation Centre (AVIC) in Canada. The centre was inaugurated by BlackBerry executive chairman and CEO John Chen and he was joined by Canadian Prime Minister Justin Trudeau. Housed ...
Tags: BlackBerry, Autonomous Vehicle
Frozen poultry products manufacturer Maxi Canada has been acquired by Altamont Capital Partners, a San Francisco Bay Area based private investment firm, for an undisclosed price. Maxi Canada, which is based in St-Lin-Laurentides, Quebec, ...
Tags: poultry products, Bruer
The two offshore oil and gas PSCs with CNOOC are for blocks 62/02 and 62/17 in the Yinggehai Basin. Shell, as operator, will apply advanced seismic acquisition and processing technologies to conduct 3D seismic data surveys in the Yinggehai ...
Tags: Shell, oil and gas, seismic data
Customer engagement solutions provider YPB Group has signed a master supply agreement (MSA) with Australia’s natural health brand Blackmores for the supply of YPB’s full range of products and services. As per the two-year MSA, ...
Tags: Blackmores, packaging
Australia’s Nutrano Produce Group has entered into an agreement to acquire Seven Fields and Abbotsleigh Group businesses to strengthen its position in the fresh produce sector. However, the financial details of the transaction were ...
Tags: Fruit Producers, Nutrano Produce
BlackBerry has signed an agreement with Ford Motor to expand the use of its QNX and security software in the automaker's vehicles. The deal will see a team of BlackBerry employees work directly with Ford and help it in using its QNX ...
Tags: BlackBerry, Ford Motor
Gores Holdings has completed the acquisition of US-based fresh baked sweet goods maker Hostess Brands. The combined company will be renamed as Hostess Brands and will trade on NASDAQ under the symbols TWNK and TWNKW, respectively. Gores ...
Tags: Gores Holdings, Twinkies
DuPont Nutrition & Health and Inbiose will jointly launch a new infant nutrition ingredients based on complex carbohydrates found in mother’s milk. DuPont has entered into a joint development and licensing agreement with ...
The University of Sheffield Advanced Manufacturing Research Centre (AMRC) and Ricardo have signed a memorandum of understanding (MoU) to work on powertrain electrification projects. As global specialists in transport, security, energy, ...
Tags: AMRC, MoU, Ricardo, powertrain electrification projects
Seeley International founder and executive chairman Frank Seeley AM (left) with TMHA South Australia area sales manager Ben Lucas. Australia’s largest air conditioning manufacturer has extended its 20-year partnership with Toyota ...
Tags: Seeley International, partnership, TMHA
KapStone Paper and Packaging Corporation announced that effective 1January 2017, Roger Stone is stepping down as CEO. Roger will continue to be an integral part of the KapStone organization, as he will retain his role as Executive ...
Tags: KapStone Paper, Roger Stone, CEO
Meadow Foods has raised funds from Paine & Partners to grow its business through organic expansion and acquisitions. While the US-based Paine & Partners is a global food and agribusiness investment firm, Meadow Foods is a UK-based ...
Tags: Meadow Foods, Paine&Partners, funds, Expansion
For its fiscal first-quarter 2017 (ended 31 July 2016), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported record revenue of $341.3m, up 7.1% on $318.8m last quarter and up 8.7% on $314m ...
US-based Yum! Brands has entered into an agreement with Primavera Capital and Ant Financial Services to invest a total of $460m in Yum China. While Primavera Capital is a China-based global private equity firm, Ant Financial is an online ...