Meadow Foods has raised funds from Paine & Partners to grow its business through organic expansion and acquisitions. While the US-based Paine & Partners is a global food and agribusiness investment firm, Meadow Foods is a UK-based ...
Tags: Meadow Foods, Paine&Partners, funds, Expansion
Florida-based Blue Harvest Fisheries has acquired the scallop business and processing facility of High Liner Foods in New Bedford, Massachusetts. However, the financial details of the transaction were not disclosed. Blue Harvest expects ...
Tags: Blue Harvest Fisheries, High Liner Foods, scallop business
Irish dairy products firm Ornua has opened a new butter production and packing facility for its Kerrygold brand in Mitchelstown located in Cork County, Ireland. Ornua has put in an investment of €38m in the new facility which has ...
Tags: Ornua, Kerrygold, butter production and packing facility
Marks & Spencer has announced that it will be entering into consultation with its employees with regards to proposals to cut around 525 jobs at its UK head office, and reduce the number of roles across IT and Logistics permanently based in ...
Tags: Marks&Spencer, job cuts, UK head office
North Yorkshire-based supplier Hill Interiors is celebrating after turning over £1m in August, its strongest performance since it opened in 1975. Marketing manager Paul Nel says: “The last couple of months' success has been ...
Tags: Hill Interiors, Paul Nel, sale record
For its fiscal first-quarter 2017 (ended 31 July 2016), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported record revenue of $341.3m, up 7.1% on $318.8m last quarter and up 8.7% on $314m ...
Ned Wehler, the president and CEO of American Water Works Co Inc subsidiary Keystone Clearwater Solutions, will retire with effect from 1 December 2016. Wehler will be replaced by Keystone’s current president and chief operating ...
Tags: Ned Wehler, American Water Works, Keystone Clearwater Solutions
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
Weir Gabbioneta has invested more than €30 million in a new 18 000 sq ft manufacturing facility in Milan, Italy. The new plant, which includes larger testing capability for more powerful pumps, will allow Weir Gabbioneta to expand ...
Norwegian conglomerate Orkla has signed an agreement to acquire 70% stake in Broer Bakkerijgrondstoffen to expand its presence in the Netherlands. Broer is a manufacturer of almond paste, bakery ingredients and ice cream powder. Orkla ...
CenterOak Partners announced that it has completed a majority investment in Wetzel’s Pretzels, the second largest owner and franchisor of soft pretzel stores. Financial terms of the transaction were not disclosed. Headquartered in ...
South African retailer Steinhoff International, owner of retail brands Harveys and Bensons for Beds in the UK, plus trade brands including Slumberland, Myer's, Dunlopillo and Relyon, reports unaudited revenue growth of 33% to €13.1b ...
BluGlass Ltd of Silverwater, Australia – which was spun off from the III-nitride department of Macquarie University in 2005 to develop a low-temperature process using remote plasma chemical vapor deposition (RPCVD) to grow materials ...
Epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has received an order for its 25th GENxplor R&D molecular beam epitaxy (MBE) system. Introduced in August 2013, the GENxplor system is said to be ...
Tags: Veeco MBE, GENxplor system
Milk Specialties Global has announced that it has acquired the Saputo facility in Monroe, Green County, Wisconsin, US. Founded in 1949, Milk Specialties has experienced exceptional growth in human and animal nutrition. The ...