Ford has invested $170m at its Silverton Assembly plant in Pretoria, South Africa to manufacture new Ford Everest and Ford Ranger. The American car-maker says that this investment will create about 1200 jobs in Ford South Africa and in ...
Tags: Ford, Investment, Silverton Assembly Plant, Ford Everest, Ford Ranger
Tyson Foods has made significant progress in its transition from a protein producer to a branded, value-added food company with stronger, more stable earnings, company executives told investors at the Consumer Analyst Group of Europe annual ...
Tags: Tyson Foods, Protein producer
Airwheel, a US based, personal mobility and self-balancing scooter maker announced that it is entering into Artificial Intelligence and robotics business. The company recently launched Airwheel S9, a self-balancing wheeled service robot ...
US-based private equity firm Castanea Partners has invested undisclosed sum in Jeni's Splendid Ice Creams, a retailer and wholesaler of branded artisanal ice creams. This investment makes Castanea Partners, the sole outside investor in ...
Tags: Castanea Partners, Investment, Jeni's Splendid Ice Creams, Ice cream
VAI (Vormittag Associates) announces that Black River Produce, the New England-based food wholesaler, is optimizing their supply chain with VAI’s S2K for Food solution. By implementing VAI's industry-leading ERP system, Black River ...
Tags: VAI, Black River Produce, Food wholesaler, VAI S2K
Fresh produce company Fyffes has acquired Canadian mushroom producer Highline Produce for CAD$145m (€98m), including refinancing Highline’s existing debt. Fyffes will fund the acquisition through new and existing bank debt. ...
Tags: Fyffes, Acquisition, Highline Produce, Mushroom Producer
SpeciaLase, which is a partnership between DataLase Ltd., the UK headquartered specialiser of inline digital printing, and SATO Corporation, a provider of Auto-ID solutions, is cementing its future in the Asia-Pacific region with the ...
Tags: SpeciaLase, DataLase Ltd, SATO Corporation, Auto-ID solutions
Del Monte Foods, a North American food production and distribution company, plans to eliminate the use of hazardous chemical Bisphenol A (BPA) lining in cans used for food packaging. Starting in May 2016, the company plans to commence ...
Tags: Del Monte Foods, BPA, Cans, Food packaging
McCormick & Company has revised its offer for Premier Foods to 65 pence in cash per each share of Premier Foods, valuing the latter at £1.5bn, and making its third approach to acquire the business. The revised offer follows two ...
Tags: McCormick, Premier Foods, Revised Bid
Petainer, a provider of high performance and sustainable packaging, has expanded its distribution footprint in the US with a new partnership with ProStar Distributing. ProStar will exclusively sell petainerKeg products, targeting ...
Tags: PetainerKeg, Craft beer market, Expansion, ProStar, Foodprint
Britannia Garment Packaging has selected iomart to provide hosting for a new global ERP and CRM system for its ordering division. The software sits on a VMware platform in one of the two data centres iomart owns in the Midlands. Neil ...
Tags: Britannia Garment Packaging, ERP, CRM, Ordering division, Iomart support
Monitoring food safety and reducing food waste in the cold chain from farm to retail shelf will recieve a boost in Australia following Orora's new exclusive distributorship agreement with Israel-based BT9 to introduce Xsense, a cold-chain ...
Tags: Orora, Xsense, Israel-based BT9, Nigel Garrard
Columbia Pacific Advisors said it sold POW Gloves to Rojo Australia, Spacecraft Collective to Omen Longboards and Holden Outerwear to unidentified private investors 30 months after investing $2.5 million in the partnership that used to own ...
Tags: POW Gloves, Rojo Austalia, POW Holdings Brands, D.A, Davidson&Co.
Plant-based ingredients provider Naturex has divested its stake in the joint venture with Aker Biomarine which was created to krill extract production. As part of the agreement, Aker BioMarine will pay Naturex an undisclosed sum ...
Tags: Naturex, Aker Biomarine, Ingredients provider, Extract production
The European Bank for Reconstruction and Development (EBRD) has agreed to make $100m equity investment in Egypt-based United Sugar Company (USC), which is also a subsidiary of Savola Group, to strengthen the agribusiness sector in the ...
Tags: EBRD, Investment, USC, United Sugar Company, Savola Group