Strauss Group, an Israel-based food and drinks manufacturer, is exploring an initial public offering of its coffee unit on the US stock exchange. Strauss and TPG Capital Management, its partner in Strauss Coffee, have submitted a draft ...
Tags: Strauss Group, Highlander, Food
Fonterra enters partnership with Chinese infant formula manufacturer New Zealand-based dairy giant Fonterra has confirmed that it has acquired an 18.8 per cent share in leading Chinese infant formula manufacturer, Beingmate Baby & ...
Pivovarna Lasko, a leading brewer in Slovenia, has secured five binding bids in a sale that iis likely to be completed by June end. Though the names of the bidders have not been announced officially, local media reports say that Dutch ...
Tags: Pivovarna Lasko, bids, Food
Most every company says they’re customer centric. Some actually believe it. But companies that are truly customer centric walk the talk. They translate high-minded words into daily deeds. These companies serve the customer at every ...
Tags: Empathy, economic sense, Electronics
Thailand-based polyester and yarn manufacturer Indorama Ventures will be acquiring a 94.91% stake in polyethylene terephthalate (PET) polymers maker Bangkok Polyester for an undisclosed amount. A producer of PET polymers in Rayong, ...
South African food company Pioneer Foods is planning to buy more assets in African countries following the acquisition of major stake in Nigerian firm Food Concepts. The South African firm, which recently completed the $7m purchase of ...
Tags: beverages, investments, Food
China-based sapphire makers Biel Crystal Manufactory and Lens Technology, in view of growing adoption of sapphire optical applications in wearable devices and smartphones, have expanded production capacities, according to industry sources ...
Tags: Sapphire, Lens Technology
Japanese automaker Nissan Motor is planning to temporarily suspend production at its St. Petersburg plant in Russia due to fall in sales of its products in the country. The production will be suspended between 16th March and 31st March. ...
Tags: suspend production, Russian sales, Nissan
US based apparel marketer, Iconix Brand Group said it has acquired the remaining 50 per cent of Iconix China from its joint venture partner, Novel Fashion Brands Limited. Novel Fashion Brands was owned by the Chou family and the deal ...
Mumbai-based private equity firm Kedaara Capital has forayed into the packaging sector by investing close to $32m (Rs 200 crore) in an unlisted folding cartons and paper packaging company, Parksons Packaging. The company said that it ...
Tags: folding cartons, paper packaging, Packaging
New Zealand based dairy co-operative Fonterra has agreed to acquire 18.8% stake worth $561.32m in Chinese infant formula manufacturer, Beingmate Baby & Child Food Company. The co-operative group has purchased 192.4 million shares in ...
Tags: Fonterra, dairy Food
Chicago based Levy Acquisition has agreed to buy Mexican-American fast-food chain Del Taco, in a $500m deal. The blank-check acquisition firm Levy Acquisition, which is controlled by restaurateur Larry Levy, will now change its name to ...
Tags: Levy Acquisition, fast-food
Heineken has expressed interest in acquiring Slovenian brewer Pivovarna Lasko, in a deal that would allow the Dutch brewing company to enter into Slovenia where it is not currently present. Lasko is up for sale since last year and ...
Food Concepts Plc, the Nigerian parent company of Free Range Farms, Butterfield Bakery and Chicken Republic, has partnered with South Africa based Pioneer Foods. Deji Akinyanju, Food Concepts Chairman, said: "The partnership will benefit ...
Tags: Pioneer Foods, Food Concepts, Bakery
Indian fair trade watchdog, Competition Commission of India (CCI) has approved the proposal of Reliance Industries to sell 49 per cent stake in a newly-formed textile firm to Chinese company, Shandong Ruyi. “The Commission is of the ...
Tags: Reliance Industries, Shandong Ruyi