Sweden-based Duni has purchased a 75% stake in Kindtoo, trading as Biopac UK, from entrepreneurs Mark Brigden and Eric Graham for an undisclosed sum. Established in 2002, Biopac UK provides sustainable disposable packaging solutions for ...
Tags: Duni, isposable packaging
The Renault-Nissan-Mitsubishi automotive alliance announced that its member companies sold a combined total of 10,608,366 units in the 12 months to 31 December 2017. Growing demand for SUVs, light commercial vehicles and a rising number ...
The Distilled Spirits Council reported that spirits experienced record sales in the US in 2017, hitting $26.2bn. The Distilled Spirits Council reported at its annual economic briefing record spirits sales and volumes in addition to ...
Tags: Distilled Spirits, beverage
Swedish automaker Volvo will start its vehicle assembly operations in India from this year, as the company expands further in a fast growing premium car segment in the country. The assembly operations will be located near Bangalore in ...
Tags: Volvo, Car Assembly Operations
Vietnam Beverage, ThaiBev’s domestic unit, has won a bidding to acquire 54% stake in Saigon Beer Alcohol & Beverage Corp (Sabeco) for $4.8bn. Sabeco is owned and under the authority of Vietnam's Ministry of Trade and Industry. The ...
Tags: Thai Beverage, Beverage
Singapore-based Jardine Cycle and Carriage (JC&C) has agreed to acquire 5.53% stake in Vietnam Dairy Products Joint Stock Company (Vinamilk) for $616.6m through its subsidiary Platinum Victory. The stake has been purchased via an auction ...
Tags: Jardine Cycle, Milk
Food testing services provider Eurofins Scientific has acquired Institut Nehring, a food testing laboratory in the German market. Institut Nehring was established in 1905; today the company is well-known in the German market thanks to its ...
Tags: Eurofins, Food Testing Lab
“The SiC power business is concrete and real, with a promising outlook,” said Yole Développement in 2016. The trend has not changed in 2017, and the SiC industry is going even further as industrial players have increasing ...
Tags: SiC power, SiC devices
Gogoro Inc, a Taiwanese-based venture-backed company that develops and sells electric scooters and battery swapping infrastructure, has raised another US$300 million (NT$9 billion) as it looks to further expand to new regions and product ...
Tags: electric scooters, battery
O-Net Technologies (Group) Ltd of Shenzhen, China (which provides optical networking products for telecoms and datacoms applications) has launched a 980nm uncooled pump laser in small-form-factor TO-Can package, a high-power laser for ...
Volkswagen has unveiled a plan to roll out 80 new electric vehicles, including about 50 purely battery-powered vehicles and 30 plug-in hybrids, by 2025. The company launched what it claims to be the most comprehensive electrification ...
Tags: Volkswagen, electric vehicles
The global light-emitting diode (LED) market is increasing at a compound annual growth rate (CAGR) of more than 18% during 2017-2021, rising from $18.51bn in 2016 to $24.67bn in 2012, forecasts market research firm Technavio. In ...
Graphic Packaging International has unveiled plans to shut down its recycled paperboard mill in Santa Clara of California by end of this year. The company took the decision based on the evaluation of the facility's manufacturing ...
Tags: Graphic Packaging, Packaging
Canada-based Agropur Cooperative has signed an agreement with Agrifoods to acquire Ultima Foods. Ultima Foods was a 50-50 joint venture by two of Canada’s leading cooperatives; Agrifoods and Agropur. With more than 40 years of ...
Tags: Ultima Foods, Agropur
Naturally Splendid Enterprises has executed a definitive agreement with Prosnack Natural Foods and and iCream Capital to acquire 100% of Prosnack. Prosnack is a Canadian company based in North Vancouver. Under the terms of its agreement ...
Tags: Natural Foods