This divestment is part of Shell’s strategy of refocusing its onshore interests in Nigeria and in line with the Federal Government of Nigeria’s aim of developing Nigerian companies in the country’s upstream oil and gas ...
Tags: Shell, Nigerian, oil and gas business
This divestment is part of Shell’s strategy of refocusing its onshore interests in Nigeria and is in line with the Federal Government of Nigeria’s aim of developing Nigerian companies in the country’s upstream oil and gas ...
Tags: Shell, Nigeria, oil and gas business
Scientific testing company LGC has completed the acquisition of London-based food safety and quality standards programme provider BRC Global Standards from the British Retail Consortium for an undisclosed price. The acquisition results in ...
Tags: LGC, food safety
US-based Berlin Packaging has closed the acquisition an Italian company Bruni Glass to expand its presence in European glass markets. The combined company is expected to have annual sales in excess of $1.2bn by the end of 2016 and a ...
Tags: Berlin Packaging, Bruni Glass
US-based ConAgra Foods has completed the spin-off its Lamb Weston business to become a singularly focused, consumer branded food company. The company has been changed to Conagra Brands to reflect the new direction and streamlined focus. ...
Tags: ConAgra Foods, Lamb Weston
Gores Holdings has completed the acquisition of US-based fresh baked sweet goods maker Hostess Brands. The combined company will be renamed as Hostess Brands and will trade on NASDAQ under the symbols TWNK and TWNKW, respectively. Gores ...
Tags: Gores Holdings, Twinkies
Robertet, a major player in natural ingredients market, has completed the acquisition of Bionov. BIONOV is a major global producer of superoxide dismutase (SOD) natural. This investment enables the Group to increase ROBERTET supply its ...
Nissan Motor has acquired a 34% equity stake in Mitsubishi Motors (MMC) and became its largest shareholder. MMC will also become part of the global Alliance with Nissan and Renault. With the addition of MMC, the Alliance will be in the ...
Tags: Mitsubishi Motors, Nissan
Japanese beer giant Asahi has completed the acquisition of Miller Brands UK, creating Asahi UK. The newly company, which will include Peroni Nastro Azzurro, Grolsch and Meantime beers, is part of the company's European strategy to lead ...
JBT Corporation, a global technology solutions provider to high-value segments of the food & beverage industry, announced the completion of its previously disclosed agreement to purchase the assets of Cooling and Applied Technologies. The ...
Tags: beverage industry, JBT
International Flavors & Fragrances announced that it has successfully completed the previously announced acquisition of David Michael & Company. Founded in 1896, David Michael is headquartered in Philadelphia, US. The Company is ...
Tags: International Flavors&Fragrances, David Michael&Company
Atlantic Natural Foods, a subsidiary of investment group AFT Holdings, has completed the acquisition of Loma Linda Foods and the licensing rights to Worthington Foods brands of vegetarian foods from Kellogg. The acquisition was completed ...
Global agriculture company Syngenta has completed expansion of its key projects in Brazil and Switzerland to increase its production capacity. It had invested a total of $240m in two Brazilian plants. One of them is the new Elatus ...
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 ...
Guests to the Disney Store will be able to practice their Jedi mind tricks. Disney Store has launched its new and exclusive line of Rogue One: A Star Wars Story toys, gifts, stationary and apparel and to celebrate, the retail chain will ...