Ford has unveiled the second of 13 new electrified vehicles the company plans to introduce in the next five years. The industry’s first pursuit-rated hybrid police car, the all-new Ford Police Responder Hybrid Sedan, is part of a ...
Tags: Ford, Hybrid Police Car
FAW Jiefang gets a good start in Q1 with a sales volume of 77,000 units, up by 87% compared with 41,000 units of Q1 2016. The market share is 23.6%, up by 2.5% year on year and up by 4.3% compared with the total sales volume in 2016. This ...
German private equity firm, Deutsche Beteiligungs (DBAG) is looking to have a major presence in the European chilled convenience product market after agreeing to acquire Abbelen and Oscar Mayer through its top-up fund, DBAG Fund VII. ...
Tags: ready meals, snacks
It’s becoming more and more apparent that Apple is dead set on winning a Netflix-sized place in our living rooms. The word from Recode is that Apple has approached three networks – HBO, Showtime and Starz – with a view ...
Tags: Apple, Apple TV box
UAE-based Amira Nature Foods has acquired a portfolio of packaged specialty rice brands from Euro Basmati in Germany for an undisclosed price. The acquired brands include Al Amir, Al Hakim, Bano, Dalia, Hanna and Shah Pari which have ...
Tags: Amira Nature Foods, rice
Carton packaging and filling machines provider, SIG Combibloc has launched new Combidome carton bottle for low-acid products such as milk and plant-based dairy alternatives. The new Combidome bottle has been selected by US-based Steuben ...
Ardian has divested its stake in Germany-based food company frostkrone for an undisclosed sum to Emeram Capital Partners. frostkrone, which was established in 1997, manufactures frozen finger food and snack products in Europe. The ...
Tags: Ardian, snack products
The firm is scouting for a licensing executive to oversee developing programmes around some of its biggest shows, including sci-fi hit Stranger Things. Paid video subscription service Netflix is looking to move into the toy market. The ...
Tags: Netflix, Consumer Products Market, Toy
Moringa-based products maker Kuli Kuli has secured a $4.25m investment from Kellogg Company's venture capital fund eighteen94 capital in a Series A funding round. InvestEco and S2G Ventures were the other institutional investors featuring ...
Tags: Kuli Kuli, capital fund
Iceland-based seafood company Icelandic Group has begun the process of divesting its subsidiary Gadus in Belgium. It was in 2012 that Icelandic had acquired Gadus for an undisclosed price. The decision to sell Gadus by Icelandic Group ...
Tags: Subsidiary Gadus, seafood
Shell has signed an agreement with Viva Energy Australia Pty Ltd (“Viva Energy”) for the sale of Shell Aviation Australia Pty Ltd for a total transaction value of approximately $250 million USD. It follows the sale of ...
About nine million curved-surface LCD TVs were sold globally in 2016, 2.25 times the sales volume in 2015, according to Taiwan-based TFT-LCD panel maker AU Optronics (AUO). China is the largest market for curved-surface LCD TVs, with ...
Brazilian meat company BRF has launched a new subsidiary named OneFoods to target the halal market in Middle East countries. The company has commenced the operations of the new subsidiary, which previously was called Sadia Halal. With ...
Tags: Halal Market, BRF
Minnesota based cereal company Post Consumer Brands is expanding its distribution operations in Salt Lake City in Utah with a $50m facility. The company has begun the construction on a 901,000ft2 facility near the Northwest Quadrant ...
Tags: Post Consumer, cereal
Not so long ago, I sat in a meeting with executives from a very famous company. They all came in with their bright, new, shiny MacBooks, ready to connect their machines to a projector. Their dongles dangled from their hands, as they ...