Mondelez International has entered into a strategic partnership with Chinese ecommerce company Alibaba Group to expand its presence in China. The alliance enables Chinese consumers to lay hands on a complete range of Mondelez products, ...
Paris Baguette, the baking franchise concept featuring high quality baked goods, savory eats and beverages. The love affair with the iconic baked goods concept is so strong around the world, it was just a matter of time before the brand ...
Tags: Paris Baguette, Franchise
For many Australians, Frosty Boy soft serve ice cream is synonymous with summer days and childhood treats. If Chief Executive Officer Dirk Pretorius gets his way, this connection and affection towards the Frosty Boy brand will become ...
Tags: Frosty Boy, Ice cream, Dirk Pretorius, International expansion
US-based yogurt maker Chobani is planning to enter the beverages segment with Drink Chobani line, after it turned down acquisition offer from PepsiCo. With this new drink range, which will be a blend of fruits with its trademark Greek ...
Tags: Chobani, Aquisition, Beverage segment
UAE based food producer National Food Product Company (NFPC) has begun construction of a new food manufacturing facility in Kizad. NFPC is considered as one of the largest food producers in the UAE and owns brands such as Oasis, Blu, ...
Tags: National Food Product, NFPC brands
Australian agrifood company TasFoods is planning to acquire North West Tasmanian chicken producer Nichols Poultry for A$12.55m ($8.98m). Under the acquisition terms, TasFoods would purchase Nichols' poultry processing facility, 91 ...
Camerons Brewery based in Hartlepool will grow its retail pub estate, including its Head of Steam managed brand, by acquiring 40 new pubs with a £30 million funding package from HSBC. Once the acquisitions complete, Camerons Brewery ...
Tags: Camerons Brewery, Funding Package
Royal Adhesives & Sealants has acquired the stock of Adhesive Systems. Based in Frankfort, IL, ASI develops, manufactures, and markets cyanoacrylate, methyl methacrylate, epoxy and anaerobic adhesives and sells to the assembly adhesives ...
Tags: Adhesive Systems, Adhesives, Sealants
A slew of factors is persuading companies to expand abroad to access the global market Rising costs and steep anti-dumping duties in the United States and Europe, coupled with a desire to expand overseas, are increasingly driving major ...
Tags: Solar Panel, Solar Energy Products
Perry Ellis International Inc., which distributes several golf brands and makes Nike swimwear, appointed Joe Arriola to its board. Arriola is a former member of the Perry Ellis Board, having served as a director from 2006 until 2015. ...
Tags: Perry Ellis International Inc, golf brands, Sporting Goods
Simpson Packaging has completed a deal with Gregory Property Group to purchase a new 32,300 sq. ft industrial unit at Ossett 40, near Wakefield. The family owned, local business is to relocate from premises at Shaw Cross near Dewsbury to ...
Tags: Simpson Packaging
Jindal Films Europe is planning to increase metallizing and extrusion capabilities at its Brindisi site in Italy, as part of its broad reinvestment strategy. Work under the proposed expansion includes installation of a 10.5m biaxially ...
Tags: Concept Car, polypropylene
Flexible packaging specialist Cosmo Films has announced it will install a 10.4m BOPP line by early 2017. The production line will increase the manufacturer's annual BOPP production capacity from 140k to 200k MT. The installation will be ...
Tags: Flexible packaging, Cosmo Films, BOPP films
Confectionery company Mondelez’s Romanian arm is seeking a buyer to sell its chocolate factory in Poiana, Romania. The buildings and the 13,000sqm land area costs €2.1m, excluding taxes. The factory is located in Brasov. One ...
Seaborne iron ore prices reached a new historic low Tuesday as the Platts 62% Fe Iron Ore Index, or IODEX, lost $0.75/dmt on the day to reach $44/dmt CFR North China. It is the lowest point the IODEX has been since Platts' began spot ...
Tags: Seaborne iron ore, steel, ore