Iceland-based seafood company Icelandic Group has entered into an agreement to sell its Spanish subsidiary Icelandic Ibérica to Solo Seafood for undisclosed sum. Solo Seafood, which is owned by Icelandic seafood companies, is one ...
Tags: Icelandic Group, agreement, Solo Seafood
Meat processor Atria has received approval from the Finnish Competition and Consumer Authority to acquire Kaivon Liha Kaunismaa. In June, Atria announced that it would purchase 70% stake in Kaivon Liha to expand its business in Finland. ...
Tags: Atria, Kaivon Liha, acquisition
United Natural Foods has reported financial results for the fourth fiscal quarter and fiscal year ended 30 July 30, 2016. Fourth Quarter and Full Year Fiscal 2016 Highlights Net sales for the fourth quarter of fiscal 2016 increased 7.4% ...
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
Beston Global Food Company (BFC) has acquired the assets of Australian Provincial Cheese (APC) for $2.2m. The acquisition includes its plant and equipment, trademarks, intellectual property along with all other assets needed to continue ...
Tags: BFC, APC, acquisition
Qorvo Inc of Greensboro, NC and Hillsboro, OR, USA (which provides core technologies and RF solutions for mobile, infrastructure and defense applications) says that its Low Power Wireless business unit (formerly GreenPeak Technologies until ...
Tags: Qorvo, Low Power Wireless business unit, ZigBee 3.0 certification
Northrop Grumman Corp of Redondo Beach, CA, USA has received a contract from the US Marine Corps (USMC) for an additional nine AN/TPS-80 Ground/Air Task-Oriented Radar (G/ATOR) low-rate initial production (LRIP) systems. This is the ...
Tags: Northrop Grumman.GaN-on-SiC, USMC
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 ...
Food and engineering group Carr’s has sold its flour milling business to Whitworths Holdings for £36m. Carr’s said that the disposal of its food division will enable it to increase focus on its growing agriculture and ...
Crestview Partners has agreed to acquire Accuride, which supplies components to the North American and European commercial vehicle industries. Crestview Partners is a New York based private equity firm, which will acquire Accuride for ...
Tags: Crestview Partners, Accuride, acqusition
Berkshire Hathaway company CTB has agreed to purchase 80% stake in Danish company Cabinplant for an undisclosed sum. Based in Haarby, Cabinplant provides processing and weighing / packing solutions for the food industry. With ...
Tags: CTB, Cabinplant, stake
The supermarket is now set to open more Argos digital concessions in its stores. Sainsbury's has successfully completed its £1.4bn acquisition of Argos owner Home Retail Group. The supermarket is now set to open more Argos digital ...
Tags: Sainsbury's, acquisition, Home Retail Group
US snacks firm Amplify Snack Brands has completed the acquisition of UK-based potato crisps producer Tyrrells from private equity firm Investcorp. The completion resulted in Tyrrells becoming a wholly-owned subsidiary of Amplify. For ...
Tags: Amplify Snack Brands, acquisition, Tyrrells
Sweden-based vegetable oils and fats producer AAK has announced the completion of the acquisition of California Oils (CalOils). In July, AAK announced that it was acquiring CalOils, which is based in Richmond, California, from ...
Tags: AAK, CalOils, acquisition