Friedrichshafen / Stockholm – ZF Friedrichshafen AG, through its wholly-owned subsidiary ZF International B.V. (“ZF”), announced today that it has withdrawn its recommended public cash offer (the “Offer”) to ...
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Constantia Flexibles Group has agreed to acquire flexible packaging business of Italian company Lamp San Prospero in a bid to strengthen its pharmaceutical packaging business in Europe. The transaction is planned to be completed in the ...
US firm JBT has signed an agreement to acquire Tipper Tie from Dover for around $160m. Based in Apex of North Carolina, Tipper Tie provides protein processing and packaging solutions, and related consumables to the food industry. The ...
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Inteva Products, an automotive supplier of engineered components and systems, has opened a new technical center in Bangalore, India. The state-of-the-art Center of Expertise expands Inteva’s technical capabilities and footprint in ...
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German luxury car-maker Audi is expanding its production footprint worldwide by opening a new automobile plant in San José Chiapa, state of Puebla, Mexico. The plant has an annual production capacity of approximately 150,000 ...
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Unilever has announced that it will invest undisclosed amount to establish a new global foods innovation center in the Netherlands. The innovation center is expected to be fully operational by April 2019. Located in Wageningen, the new ...
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Grieg NL has selected AMG Norway, a subsidiary of the Aqua Maof Group, to build its state-of-the-art hatchery and nursery facility in Marystown, Newfoundland. The facility, which will deploy Aqua Maof's cutting edge RAS technology, will ...
Chocolate and cocoa products maker Barry Callebaut has opened its first chocolate factory in Indonesia. The company had entered into a long-term agreement for out-sourcing with GarudaFood Group. As per the deal, GarudaFood will supply ...
Egpyt-based bakery group Edita Food Industries has signed an agreement with Khalifa A.Algosaibi Cold Stores (KACS) for distribution of its products in Saudi Arabia. As per the agreement, KACS will distribute the Edita’s ...
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Cargill reported financial results for the fiscal 2017 first quarter ended 31 August, 2016. Key measures include: Adjusted operating earnings rose 35 percent to $827 million in the first quarter, compared with $611 million in the ...
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Potato-chip giant Utz Quality Foods has completed its previously announced $135m acquisition of Alabama based Golden Enterprises, the owner of the Golden Flake Snack Foods. The merger is expected to support Utz Quality Foods’ growth ...
Emmi has committed to reducing its CO2 emissions by 25 % by 2020. In an important step towards meeting this objective, the largest Swiss milk processor is switching to sustainable electricity. To this end, it is set to rely entirely on ...
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Lotus Bakeries has announced that it will invest in setting up a new manufacturing facility in the US, to expand its biscuit production capacity. Besides, the company will build a new production hall in Belgium to meet the growing demand ...
Tyson Foods has announced that it is investing $27m to expand the production capacity of its case-ready beef and pork plant in Council Bluffs, Iowa. The investment is being made by Tyson Fresh Meats, a wholly owned subsidiary of Tyson ...
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The store spans four floors and boasts a range of entertainment facilities for children to enjoy. Toy retailer Hamleys is heading to China, with the opening of its new flagship store in Nanjing. Making its debut on Chinese National Day ...
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