Pioneer Food will acquire full ownership of Heinz Foods South Africa (Heinz Foods SA) by purchasing the remaining 50.1% stake in the joint venture (JV) from Kraft Heinz Company’s subsidiary Heinz SA. Financial terms of the ...
Tags: Pioneer Food, Heinz Foods
Europe-based manufacturer of films and bags EcoCortec is building a new facility in Beli Manastir, Croatia. Co-financed by Croatian Ministry of Economy, Entrepreneurship and Crafts within European Funds Programme, the expansion project ...
India-based flexible packaging firm Uflex has developed a new three dimensional packaging solution for Veetee, a rice supplier in the UK. The new pack features a front openability through a Slide to Close (STC) zipper intended to allow ...
Tags: flexible packaging, Uflex
German luxury automaker Daimler, through its brand Mercedes Benz is investing $1bn in Alabama, US plant to produce electric vehicles. The company plans to produce EQ-branded SUV models at MBUSI (Mercedes-Benz U.S. International), its ...
Tags: luxury automaker, Daimler, Electric Vehicles
US-based private equity firm L Catterton has offered to buy 27.9% stake in Scottish craft brewery Innis & Gunn for £15m. Founded in 2003, Innis & Gunn claims to have risen to the second position for a craft brewer in the UK ...
Tags: L Catterton, craft brewery
Russian food firm Cherkizovo Group said that its Vasilyevskaya poultry production facility has received permission to export poultry products to Iraq. The Vasilyevskaya poultry farm, which is Cherkizovo Group’s largest poultry ...
Tags: poultry products, Poultry
Redpath Sugar will invest C$5.2m ($4.17m) in the expansion of its dry blending and packaging plant in Belleville, Ontario to add new pouch packaging capabilities. The Canada-based cane sugar refiner will install two new customized ...
Tags: Redpath Sugar, packaging
China-based LED lighting firms recorded total export value of US$10.4 billion in first-half 2017, increasing 63% on year, and the corresponding export volume of 7.9 billion units grew 46% on year, according to Shenzhen Gaogong Industry ...
Tags: LED Lighting, LED light bulb
German paper company Voith has received an order from Portuguese pulp and paper firm The Navigator Company to supply its XcelLine tissue machine. The XcelLine tissue machine’s production line has been designed to produce ...
Tags: paper, Tissue Paper Machine
Secretary of State for the Department of International trade, Liam Fox made the announcement, outlining the government’s renewed ‘commitment to helping small business seize global demand for British exports.’ UK Export ...
Tags: UK Exporters
Sun Capital Partners' affiliate has closed the sale of Creekstone Farms Premium Beef to an unnamed supplier of premium USDA-certified beef and pork products. Terms of the private transaction were not disclosed. The choice of food lovers ...
Tags: Sun Capital, Beef
Canadian agribusiness Richardson International has acquired European Oat Millers for an undisclosed price to expand its oat milling business. European Oat Millers, based in Bedford, England, is considered to be the second largest oat ...
Tags: Oat Millers, crop inputs
2017, Explore XCMG Along the Belt and Road now will bring you to the mysterious northeastern Africa and get touch the vigorous pulse of XCMG construction along the Belt and Road. Historically, the northeastern Africa is an integral part ...
Tags: Belt and Road, XCMG, truck
With the advancement of the “Belt and Road” initiative, so far, Dongfeng has signed “going-out” strategic cooperation agreements with more than 20 government controlled makers. Through mutual communication, they are ...
Tags: Belt and Road, Dongfeng, CV
As China's smartphone market is seeing weakening growth, China-based smartphone vendors including Oppo, Xiaomi and Huawei, have been aggressively expanding their products into overseas markets. Oppo currently considers India as one of its ...
Tags: Overseas Markets, Smartphone