The Continental Corporation has announced targeted acquisitions to expand its technology expertise. The international automotive supplier, tire manufacturer and industrial partner has acquired the tire specialist Hoosier Racing Tire ...
Tags: Continental Corporation, acquisition, technology expertise
Nestlé USA is initiating a voluntary recall of its Nestlé Drumstick Club 16 count Variety Pack and 24 count Vanilla Pack (with cones marked for easy individual sale) due to a possible health risk. The two pack sizes contain ...
Tags: Nestle USA, recall
Freedom Foods Group has entered into a memorandum of understanding (MoU) with its Guangzhou based partner Shenzhen JiaLiLe Food (JLL) to set up a new company for expansion of its Australia’s Own (AO) brand in China. The new company ...
Tags: Freedom Foods Group, MoU, AO, JLL
Orkla Food Ingredients has, through its 50% ownership in FD Holding Oy, been granted European patent for the FOODDUCK spread dispenser. Corresponding patent application has also been approved for grant in the US. Following successful test ...
Tags: Orkla Food Ingredients, FD Holding Oy, FOODDUCK spread dispenser
Cargill reported financial results for the fiscal 2017 first quarter ended 31 August, 2016. Key measures include: Adjusted operating earnings rose 35 percent to $827 million in the first quarter, compared with $611 million in the ...
Tags: Cargill, fiscal results
Ausnutria Dairy has formed a joint venture with New Zealand based Westland to produce and sell dairy based powder products, including infant milk powder. Through the joint venture named Pure Nutrition, the companies will set up a new ...
Tags: Ausnutria Dairy, Westland, dairy based powder products
US-based dairy-free firm Tofutti Brands has started a review of its strategic alternatives that include operating as a standalone or a possible sale or forming a new business combination. For the review, the company has retained BDA ...
The South Korean firm has also signed a two-year agreement for exclusive rights for sale, marketing and distribution of Mattel products. Mattel has embarked on its plans to expand in the Asian market following its majority stake ...
It's "a sure fire contestant for toy of the year," says The Entertainer. Spin Master has hatched its new line of Hatchimals tech toys. Having been shrouded in secrecy as to what's within the eggs, todays' 'Hatchimals Day' has seen the ...
The firm has detailed plans to address concerns voiced by its customers during a series of face-to-face meeting held across the UK by Hornby CEO, Steve Cooke. The Hornby Group Ltd has detailed its strategy for targeting independent toy ...
Tags: Hornby, Steve Cooke
The games firm will donate £2 from every copy of Mr Lister’s Quiz Shootout sold throughout October and November to the charity. Big Potato is partnering with the Movember Foundation, the charity that aims to get men and women ...
Tags: Big Potato, Mr Lister's Quiz Shootout, Movember Foundation
"The inclusion of the renminbi in the SDR is the biggest structural event in currency markets since the creation of the euro66." This was the title of a recent article published on the Euromoney website. This neatly sums up the view of ...
Ennis reported financial results for the three and six months ended 31 August 2016. Highlights include: Gross profit margin on continuing operations increased slightly from 29.5% to 29.6% on a sequential quarter basis.Diluted earnings ...
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Sobeys announced that the beef on its shelves on Prince Edward Island is now primarily supplied by local beef farmers through Atlantic Beef Products' (ABP) Island View Farms brand. Processed at ABP's plant in Albany, P.E.I., Island View ...
Tequila giant Jose Cuervo has filed for an initial public offering (IPO) on the Mexico stock exchange, with plans to raise about $1bn. The company revealed that the stock sale will be handled on its behalf by the local units of Morgan ...
Tags: Jose Cuervo, IPO, Mexico stock exchange