British-Dutch multinational consumer goods firm Unilever has rejected American food giant Kraft Heinz’s merger proposal worth $143bn. It is not yet sure whether Kraft Heinz will be looking to approach another target following its ...
Thirteen energy, transport and industry companies have launched a global initiative to voice a united vision and long-term ambition for hydrogen to foster the energy transition. In the first global initiative of its kind, the ...
Tags: Hydrogen Council, Davos
EnWave announced that it has signed a Technology Evaluation and License Option Agreement (the TELOA) with a major European food processor (the Research Partner). The agreement has been signed to explore the potential for dried meat ...
Tags: EnWave, REV Technology
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
North American wine and spirits distribution firm Southern Glazer’s Wine & Spirits has unveiled a new structure and appointments within the Control Region, effective 1 December 2016. The new organizational structure allows Southern ...
Natural American Foods, a producer and distributor of honey and other natural sweeteners, announced that Lance Chambers has been appointed chief executive officer. Mr. Chambers succeeds Rolf Richter, who will continue to serve the Company ...
Antarctica Advisors, the Seafood Industry-focused advisory firm, acted as the investment banking advisor to Ocean Choice International ("OCI") in the CAD 240m ($177.6m) refinancing of its credit facilities with a syndicate of Canadian and ...
Tags: Antarctica, OCI
"There is no doubt that John has changed the LEGO Group and that the LEGO Group has changed him," said CEO Jorgen Vig Knudstorp. LEGO chief financial officer John Goodwin will leave the company on June 30th, 2017. Goodwin joined the ...
Sealed Air announced financial results for third quarter 2016. Commenting on these results, Jerome A. Peribere, President and Chief Executive Officer, said, “In the third quarter, we delivered strong margin performance and cash flow ...
Tags: Sealed Air, Packaging
GEFCO has secured a new €8bn contract to optimize PSA Group's entire worldwide manufacturing supply chain. The agreement reaffirms that GEFCO is the PSA Group’s leading supplier in Europe, number two worldwide. The agreement ...
Supremex, a North American manufacturer and marketer of a broad range of stock and custom envelopes and growing provider of packaging and specialty products, announced its results for the third quarter and nine-month period ended 30 ...
Cellana and PIVEG have signed a letter of intent to jointly develop and commercialize Omega-3 oils and other high-value applications from algae biomass. Financial terms of the deal have not been disclosed. Cellana presently produces ...
Tags: Cellana, Omega-3 Oils
Netflix is readying up a new offline viewing mode that will let users download content to watch later, apparently. The media streaming giant is working on a “download-to-go” option for users who want to watch TV and movies ...
Tags: Netflix
Nissan Motor has acquired a 34% equity stake in Mitsubishi Motors (MMC) and became its largest shareholder. MMC will also become part of the global Alliance with Nissan and Renault. With the addition of MMC, the Alliance will be in the ...
Tags: Mitsubishi Motors, Nissan
Polaris Industries has entered into an agreement to acquire Transamerican Auto Parts (TAP), a manufacturer of off-road Jeep and truck accessories, for $665m. After adjusting for the $115m estimated net present value of future tax ...
Tags: Polaris Industries, Auto Parts