Spanish Ebro Foods has acquired a controlling stake in flour producer and retailer Santa Rita Harinas for €4.8m ($5.34m). In a statement to Spain’s National Securities Market Commission (CNMV), Ebro said that it has bought 52% ...
Tags: Ebro Foods, Santa Rita
Packaging Corporation of America has signed an agreement to acquire independent corrugated products producer TimBar for $386m. As per the terms of the deal, PCA will acquire TimBar's five corrugated products plants, two fulfillment ...
Tags: corrugated products, Packaging
A Dubai-based investment group led by businessman Mohamed Alabbar has agreed to acquire a majority stake in the Kuwait Food Company, which is known as Americana, for nearly $2.4bn. The consortium Adeptio headed by Emaar Properties PJSC ...
China faces two separate challenges: the long-term issue of a declining potential growth rate and the immediate problem of below-potential actual growth. Indeed, the government's supply-side reform strategy will go a long way toward doing ...
Philippines-based beverage maker Asia Brewery has entered into an agreement with Dutch beer producer Heineken International to brew Heineken brands in Philippines. The financial terms of the deal have not been disclosed. The partnership ...
Tags: beverage, Asia Brewery, Heineken
UK-based snacks manufacturer Tyrrells Potato Crisps has acquired German organic food manufacturer Aroma Snacks for an undisclosed sum. The deal marks Tyrrells' second acquisition in nine months after the purchase of Yarra Valley Snack ...
Tags: Aroma Snacks, Potato Crisps
Sonoco has expanded its products suite with the launch of three solutions at the Spring Adhesives and Sealant Council (ASC) Expo, in New Orleans, North America. Sonoco will present the RiteSize Caulk Cartridge, RainGuard weather-resistant ...
Tags: Sonoco, ASC Expo, Products Suite Expansion
Mercedes-Benz introduces its V-Class multi-purpose vehicle (MPV) in China, which has been tailored to the needs of Chinese customers. Production at Daimler's local joint venture Fujian Benz Automotive Co. Ltd (FBAC) in Fuzhou has already ...
Tags: Mercedes-Benz, V-Class Vans, MVP
The IATA reports that air cargo global growth continued to perform below its potential – “mediocre growth is now the new reality”. Growth in freight tonne kilometres (FTK) had positive momentum since 2H2015 and into ...
Italian producer of pharmaceutical glass packaging, Stevanato Group has acquired the operating units of Balda Group, a Germany based supplier of precision plastic solutions, for €95m ($105m). Under the terms of the deal signed ...
Tags: Stevanato Group, Balda, Aquisition
The global LED production equipment market will rise at a compound annual growth rate (CAGR) of more than 5% to $1.5bn in 2019, forecasts a report by analysts at Technavio. Demand for LED production equipment is currently being heavily ...
Tags: LEDs, LED Production
Daimler Trucks, the world's leading truck manufacturer, is setting the course for a return to the Iranian market, having signed letters of intent with its local cooperation partners Iran Khodro Diesel (IKD) and the Mammut Group. Daimler ...
Tags: Daimler Trucks, truck, Iranian Market
LED makers are branching into niche application markets as competition in their industry expands, comments LEDinside (a division of TrendForce) in its latest 'Gold Member Report – 2016 LED Market Demand and Supply Analysis'. ...
Icahn Enterprises has announced its plans to acquire automotive service provider Pep Boys-Manny Moe & Jack for $1bn. The deal was announced after Japanese tire maker Bridgestone quit the race to acquire the company by announcing that ...
Tags: Pep Boys, automotive service
LED manufacturers are branching into the niche application markets as the competition in their industry expands. Currently, entering the automotive LED market is regarded as a blue ocean strategy because the market has relatively few ...
Tags: LED Market, LED Products