The company reiterates fiscal year 2017 GAAP EPS guidance of $4.29 to $4.49, or adjusted EPS1 guidance of $4.15 to $4.35. For fiscal year 2018, the company expects GAAP EPS to be relatively flat to fiscal year 2017 adjusted EPS1. ...
The European Commission (EC) has approved the joint acquisition of Slaney Foods JV and Slaney Proteins by ABP Group and Fane Valley. The proposal for acquisition of the stake has been cleared unconditionally by Europe’s competition ...
Tags: EC, joint acquisition, ABP, Fane Valley
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
Canada-based organic cereal company Nature's Path has acquired 51% stake in US snack-maker Gorilly Goods for undisclosed sum. Based in Jackson, Wisconsin, Gorilly Goods offers a range of savory to sweet organic and non-GMO nuts, fruits, ...
Tags: Nature's Path, Gorilly Goods, acqusition
The company revealed that Stretch Armstrong and its major product lines have all performed well. Character Options has announced its latest trading statement, revealing that the board expects to deliver results for the year ended August ...
PV market demand plunged rapidly as expected as it entered in the third quarter, driving significant price decline across the PV supply chain. Prices of solar cells and wafer have reached new low for consecutive weeks. Consequently, ...
Tags: PV market, PV industry
US snacks firm Amplify Snack Brands has completed the acquisition of UK-based potato crisps producer Tyrrells from private equity firm Investcorp. The completion resulted in Tyrrells becoming a wholly-owned subsidiary of Amplify. For ...
Tags: Amplify Snack Brands, acquisition, Tyrrells
The firm is continuing its plans for international growth with new product and business development across new markets. Educational construction toy firm, Engino Toy Systems has appointed a new vice president of international in the form ...
Tags: Engino, Robert Mann, VP
National Beef Packing Company has announced that it will invest $8m to expand its boxed beef storage and shipping capabilities at its Liberal facility in Kansas. The Missouri-based company will add a palletizer, sorters, crane along with ...
Cherkizovo Group, the largest vertically integrated meat and feed producer in Russia, announces its unaudited consolidated IFRS results for the period ending June 30, 2016. Second quarter financial highlights Revenue increased by 9% ...
Anheuser-Busch (AB) and Craft Brew Alliance (CBA) have extended the existing fee structure of their current master distributor agreement for 10 additional years, through 2028. The companies have also signed a new contract brewing ...
Tags: AB, CBA, master distributor agreement
From 7 to 10th September, CIFF-Shanghai, the September edition of the China International Furniture Fair, will present CIFF Outdoor & Leisure 2016, a platform specialising in outdoor furniture and that offers a wide range of products to ...
America’s back, free trade agreements are helping (particularly with China), and Europe remains on Australian business horizons despite Brexit. This is according to the 2016 DHL Export Barometer. However, exporters are muddling ...
Victoria’s Minister for Regional Development Jaala Pulford has announced the next step in the Ararat freight and logistics hub, with the appointment of strategic consulting firm WSP Parsons Brinckerhoff. WSP Parsons Brinckerhoff ...
For fiscal first-quarter 2017 (to 2 July 2016), Qorvo Inc of Greensboro, NC and Hillsboro, OR, USA (which provides core technologies and RF solutions for mobile, infrastructure and defense applications) has reported revenue of $697.6m, up ...