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
Tokyo-based Mitsubishi Electric Corp has agreed to acquire the Mitsubishi Electric power device sales business currently handled by Powerex Inc of Youngwood, PA, USA (a 50:50 joint venture between Mitsubishi Electric and General Electric), ...
Tags: Mitsubishi Electric, Power Device
DuPont Teijin Films has introduced a new class of flame retardant PET polyester films to promises to help designers in the industrial, transportation, construction, electronics and label industries provide improved safety. The new ...
Tags: PET polyester, polyester films
Lighting firm Osram GmbH and automotive technology firm Continental AG in Germany are to establish a Munich-registered 50:50 joint venture Osram Continental GmbH combining lighting technology with electronics and software to develop, ...
Tags: Osram, Automotive, LED lighting
Arla Foods has decided to sell its 8% share in Brazilian dairy company Vigor with immediate effect following a change in ownership of the latter. Brazil’s leading dairy company Vigor S.A. (“Vigor”) has been sold by ...
Tags: Arla Foods, dairy
Flexible intermediate bulk containers (FIBC) provider Conitex Sonoco USA has introduced new multi-layer barrier bag product line. Launched through the company's BulkSak flexible products division, the new multi-layer barrier film bags are ...
Tags: Flexible intermediate, containers
TricorBraun has collaborated with Amfora Packaging to form a new joint venture (JV) company to serve customers in the South American region. The partnership has formed TricorBraun South America SAS, which is a 50-50 JV firm with ...
Tags: TricorBraun, Amfora Packaging
Japanese automaker Mazda will be showcasing its two new concepts Kai Concept and Vision Coupe at the upcoming Tokyo Motor Show to be held between 28 October and 5 November in Japan. The Mazda Kai Concept is a compact hatchback, which is ...
Tags: Concept Models, Mazda, Tokyo Motor Show
Lamb Weston has completed a $200m expansion project at an existing potato facility in Richland, Washington (WA) to increase its processing capacity for manufacturing frozen French fries. The Richland facility, which was built in 1972, was ...
Japanese auto components supplier Denso is investing $1bn in its Maryville, Tennessee location in the US as part of its commitment to advancing automotive innovation in North America. The investment will focus on vehicle electrification ...
Tags: Denso, auto components
Dawn Meats has closed its strategic partnership and acquisition agreement with Dunbia after securing all relevant regulatory approvals. Dawn has agreed a strategic partnership with Dunbia to establish a joint venture in the United Kingdom ...
Tags: Dawn Meats, Meats
Agribusiness giant Cargill has agreed to merge its fresh chicken business in the UK with Faccenda Foods’ fresh chicken, turkey and duck operations to create a new food firm. The parties will establish a fresh poultry joint venture ...
Tags: Cargill, Faccenda Foods
French automaker Renault will be showcasing a new concept – Symbioz – at the 2017 Frankfurt Motor Show to be held on 12 September. Renault stated that Symbioz will culminate autonomous, electric and connected mobility ...
Tags: Frankfurt Motor Show, Renault
Canada-based Agropur Cooperative has signed an agreement with Agrifoods to acquire Ultima Foods. Ultima Foods was a 50-50 joint venture by two of Canada’s leading cooperatives; Agrifoods and Agropur. With more than 40 years of ...
Tags: Ultima Foods, Agropur
Seaboard Triumph Foods (STF) is set to begin commercial operations at its new pork processing plant in Sioux City, Iowa from 5 September 2017. STF said that the new facility will make use of robotics and other technologies to supply a ...