General Mills has agreed to sell its Argentina bakery and foodservice business to a Mexico-based baking company Grupo Bimbo for undisclosed sum. However, General Mills will retain its growing retail food business in Argentina, including ...
Tags: General Mills, Grupo Bimbo, Acquisition
Coca-Cola Amatil (CCA) has secured a 20 year multi-million dollar distribution contract for Monster energy drinks in Australia and New Zealand. The contract is between CCA and the Monster Energy Company, a subsidiary of Monster Beverage ...
Tags: Coca-Cola Amatil, CCA, Monster energy
The United States is still the number one export destination for Australian wine says a new report by Wine Australia. Measuring Australia’s top export markets by value, the US remains on top with exports to the country worth a total ...
Tags: Australian wine, American market
Olam International has entered into a $175m five-year loan agreement with IFC, a World Bank Group unit, to fund its working capital and capital expenditure requirements for four of its food processing facilities in Nigeria and India. The ...
Tags: Olam, IFC, Food Processing Facilities
Japanese drinks company Asahi Group has agreed to acquire SABMiller’s Peroni, Grolsch, Meantime brands for $2.9bn, clearing another hurdle for the Anheuser-Busch InBev and SABMiller’s $108bn merger. The acquisition is ...
Tags: Asahi Group, Acquisition, SABMiller, Merger
Concourse Sports LLC has reached an agreement to acquire Team Express Inc., which filed for bankruptcy protection in mid-December. Concourse will act as the stalking horse bidder in the case and may be outbid at an auction set for May 4. ...
Tags: Concourse Sports, Team Express, Acquisition
The range will include scooters, drift bikes, skateboards, pogo sticks and wagons all based on the vehicles ridden by the stars of the show during the upcoming Nitro Circus Live Tours. Nitro Circus has inked a multi-year agreement with ...
Parabel has entered into an exclusive distribution agreement with Barentz for Parabel’s range of plant-based protein ingredients for food, feed and plant-based personal care ingredients. Under the partnership, global ingredients ...
Tags: Parabel, Barentz, Lentein Protein
Color management system and software solution provider X-Rite and its subsidiary Pantone have signed a cooperative agreement with US-based packaging firm HAVI Global Solutions (HGS) to improve packaging processes. As per the deal, HGS ...
Tags: X-Rite, Pantone, HAVI Global Solutions, Packaging processes
US-based private-equity firm Kohlberg Kravis Roberts (KKR) has agreed to provide €100m debt and equity financing to sustainable packaging provider Petainer UK. The funding will be used by Petainer to finance its capital structure and ...
Tags: KKR, Petainer, Investment
Fonterra Australia has entered into an agreement to sell its 36.02% stake in Dairy Technical Services (DTS) to a consortium that includes Bureau Veritas Singapore and AsureQuality. The stake sale will result in Bureau Veritas Singapore ...
Siemens and Valeo have signed an agreement to establish a joint venture (JV) to develop powertrains for electric cars. The JV will have headquarters in Erlangen, Germany, and facilities in France, Norway, Poland, Hungary and China. ...
Tags: Siemens, Valeo, JV, Joint venture, Powertrains, Electric cars
On April 13, 2016, SF-EXPRESS and NAVECO signed special cooperation agreement in Beijing. Leaders of both companies attended the signing ceremony and delivered the speeches. They highly affirmed the cooperation of more than ten years, and ...
Tags: NAVECO, SF, Coperation
Under Armour Inc. will become the official outfitter of New Mexico State University, beginning July 1, 2016. As part of the multi-year agreement, Under Armour will provide on-field and training gear for 16 Aggie varsity sports. ...
Qorvo Inc of Greensboro, NC and Hillsboro, OR, USA (which provides core technologies and RF solutions for mobile, infrastructure and defense applications) has signed a definitive agreement to acquire privately held fabless ...
Tags: Qorvo