Multi brand online retailer Bluestem Group completed acquisition of Orchard Brands Corporation, also an online retailer of multi-brand family of 13 catalogue and ecommerce brands. The deal, according to a Bluestem Group press release, has ...
Tags: apparel, Orchard, Bluestem Group, private label
Latvia’s largest alcoholic beverages wholesaler SPI Distribution (Latvia) has changed its name and from July will work under the name Amber Distribution Latvia. According to Seymour Ferreira, Board Chairman of Amber Beverage Group ( ...
German automobile major Volkswagen (VW) is set to undergo a restructuring process that will ultimately end up splitting the firm into four holding companies for managing its 12 brands. In what has been dubbed as decentralization of ...
Tags: Volkswagen, German automobile
Oman Food Investment Holding Company (OFIC) is planning to invest $620m to set up dairy, poultry and red meat factories in the country to boost food security. Of the total proposed investment, around 70% is derived from state-owned ...
OrganoClick AB, a Swedish company that develops, produces and markets functional materials based on environmentally friendly fibre chemistry, has received funding of SEK 815,000 (approx. $99,542) from Vinnova, a Swedish governmental ...
Fiat Chrysler Automobiles plans to spend over €500m at its plant in Termoli, Italy, to produce two new engines for its planned Alfa Romeo cars. The first variant is an advanced 4-cylinder engine, while the other is a Ferrari-derived ...
Tags: Fiat Chrysler, Alfa Romeo, Car Engines
Chairman Jimmy Chu of the Fair Friend Ent. Group, Taiwan's biggest machine-tool conglomerate by revenue, announced plans to go public in Taiwan around the end of 2017 by consolidating resources of all of its subsidiaries worldwide. The ...
Tags: machine-tool, horizontal machining
Goodman Fielder CEO departs as sale to Asian giants settles It was announced today that Scott Weitemeyer will be appointed Managing Director and Chief Executive Officer of Goodman Fielder, replacing Chris Delaney. The announcement ...
Tags: ASX delisting, First Pacific, Food
Egypt is planning to list its Food Industries Holding Company (FIHC) in an initial public offering (IPO) to improve the company's financial situation. According to Supply Minister Khaled Hanafi, the IPO of the state-owned company's shares ...
Tags: Food Industries, Food
Rising India,a holding company focused in restaurant concepts and other ventures focused in meals and entertainment, announces today that it has entered official negotiations to acquire a food delivery company comprised of a consortium of ...
Tags: Rising India, Organic Food, Sustainable Food
Alkame Holdings, a health and wellness technology holding company with a focus on patentable, innovative, and eco-friendly products has signed a binding Letter of Intent with Ready Made to form a joint venture to produce the world's only ...
Melbourne-based confectionery company Betta Foods has entered into administration, in an attempt to save the business by selling it. Established in 1954, Betta Foods produces liquorice and marshmallow products under the Capricorn and ...
Less than four years after acquiring GSI Commerce for $2.4 billion, eBay Inc. announced Wednesday it was studying whether to spin off the business in IPO as part of a broadening restructuring. The company disclosed the plans in its ...
Tags: broadening restructuring, box retailers, Sporting Goods
Australia’s oldest chocolate business, the iconic Ernest Hillier has been placed into voluntary administration, and a meeting with creditors will take place on Tuesday 20 January 2014. Hillier’s administrator, Bruno Secatore ...
Tags: chocolate business, Agriculture
Posted in Medical Device Business by Brian Buntz on January 8, 2015 Pete Nicholas, who co-founded Boston Scientific with John Abele in 1979, has announced that he intends to resign from the firm’s board of directors in 2017. ...