Thailand headquartered and producer of petrochemicals and fibres, Indorama Ventures has signed two joint venture deals in Mexico, both in which it will have a 51 per cent holding. The first is Indorama Ventures EcoMex, S. de R. L de C.V ...
Tags: petrochemicals, fibres, Textile
Chinese carmaker BYD has announced that its chairman Wang Chuanfu has bought additional shares, raising his stake in the company to 23.1%. In a statement posted on the Shenzhen and Hong Kong stock exchanges, BYD said: "Wang Chuanfu, a ...
Tags: additional shares, Auto
Emmi, a dairy firm in Switzerland, has acquired 34% stake in Emmi Fondue (EFON) owned by French milk processor Bongrain since late 2004. EFON, a joint venture between Emmi and Bongrain, has been dissolved because it became steadily ...
Tags: dairy product, Emmi
The government of Oman is planning to set up a major poultry project with a capital investment of OMR100m ($258.91m), seeking support from the private sector. Promoted by state-owned Oman Food Investment, this new development is part of ...
In late 2013, LEDinside team forecasted major company restructure market trends will continue throughout the year. The trend has been consistent in 2014, as more lighting manufacturers take necessary restructure measures to remain ...
Tags: LED component, LED light
Cara Operations has acquired a majority ownership position in the Landing Group of restaurants. The transaction is effective December 18th, 2014. With the addition of the Landing Group, Cara adds to its position as Canada's largest ...
Tags: restaurants, iconic brands, Agriculture
Brazilian poultry meats exporter and dairy products processor BRF has agreed to form a joint venture (JV) with PT Indofood Suskes Makmur in Indonesia. A binding memorandum of understanding to this effect was signed between both the ...
Tags: milk, ice cream, yoghurt drinks, Agriculture
A number of Québec's institutional investors and bankers have announced a $470m investment, in the form of preferred units, in Agropur Cooperative, Canada's largest dairy cooperative. The transaction supports the cooperative's ...
Tags: dairy product, Agriculture
POC, Volvo and Ericsson will present an innovative safety technology connecting drivers and cyclists for the first time ever at International CES in Las Vegas Jan. 6-9. The technology consists of a connected car and helmet prototype that ...
Tags: cycling, skiing, outdoor sports, Sporting Goods
On December 19, Beijing-based Chinese steelmaker Shougang Iron and Steel Co. announced that its net asset value is expected to increase by an estimated RMB 3.4 billion ($0.55 billion) due to its holding company BAIC Motor Corporation Ltd ...
Tags: steelmaker, Metallurgy
The World Diamond Conference that took place last week in New Delhi, India, created a buzz in the industry that, frankly, needed a bit of a pick-up considering the state of the market. It not often that two heads of state attend a diamond ...
Tags: Diamond Trade, Arts
Spain-based Mahou San Miguel has acquired 30% stake in US-based Founders Brewing for an undisclosed amount. The acquisition forms a part of the company's strategy to continue exploring growth opportunities internationally. Founders ...
Tags: beers, Agriculture
Mid-market pan-European investor Aurelius has acquired Europe's leading ethical plastic bottle recycler Eco Plastics for an undisclosed amount. With this investment, Aurelius will supply its highly specialised operational improvement ...
Tags: Plastic Bottle, Eco Plastics, Agriculture
Coca-Cola has secured required board approvals to invest $500m in Coca-Cola Amatil's (CCA) Indonesian operations. Through the proposed investment,Coca-Cola will acquire 29.4% stake in CCA Indonesia (CCAI). An agreement to this effect ...
Tags: Coca-Cola
India’s auto component manufacturer Pricol has acquired a Brazilian auto component firm Melling do Brasil through its wholly-owned Spanish subsidiary Pricol Espana. The company has informed BSE that its Board of Directors has ...
Tags: oil, water pumps, cold start valves, Auto