Brazilian poultry meats exporter and dairy products processor BRF has increased its holding in Abu Dhabi-based Federal Foods for $27.8m. The acquisition is a part of the Brazilian firm's strategy to expand its reach across the ...
Switzerland-based chocolate manufacturer Chocolat Frey has bought a majority stake in US candy maker SweetWorks, for an undisclosed sum. Headquartered in Buffalo, New York, SweetWorks runs a production facility in the region, and has a ...
Tags: Agriculture, Food, chocolate
American asset management company Oaktree Capital Management has sold its entire 36.8% stake in British spirits producer and distributor Stock Spirits Group, in a deal worth £200m. Stock Spirits Group produces and a range of ...
Tags: Oaktree Capital, Spirits Group
Indian steelmaker JSW Steel has announced that it has acquired a 26 percent stake in Punjab-based Vallabh Tinplate Pvt Ltd (VTPL), fulfilling the customary closing conditions and third party consents. As SteelOrbis previously reported, in ...
Tags: Steel, Metallurgy, Mineral
Taiwan-based TFT-LCD panel maker AU Optronics (AUO) on April 7 announced the establishment of Star River Energy, a joint venture with several local insurance companies specifically for investing in and managing operation of PV systems or ...
German autoparts maker Continental has acquired full ownership of Zytek Automotive, an automotive engineering firm based in the UK. Zytek Automotive, a former joint venture of Continental, offers its services in all areas of automotive ...
Tags: Auto Parts, Auto, automotive, passenger cars, vehicles
BASF, the world's leading chemical company, and TODA KOGYO CORP., one of the industry leaders in the development and manufacture of cathode materials for lithium-ion batteries, have announced that they will enter exclusive negotiations to ...
Tags: Chemicals, Construction, Decoration
Lite-On Technology has reported that its fourth-quarter 2013 consolidated sales reached NT$59.36 billion (US$1.95 billion), up 12% on year and 4% on quarter, hitting a 10-quarter record high. Net profits were NT$2.52 billion, up 9% on year ...
Tags: Lite-On Technology, LED lighting
In the presence of Germany’s Chancellor Dr. Angela Merkel and the Chinese State President Xi Jinping, Daimler AG and its Chinese partner Beijing Automotive Industry Corporation (BAIC Group) today signed an agreement on the further ...
Tags: Daimler, BAIC, Mercedes-Benz
Belgian frozen food firms Ardo and Dujardin Foods have entered into an agreement to merge their activities. The financial terms of the transaction have not been disclosed. The move is aimed at creating a strong working platform that ...
Tags: Dujardin Foods, frozen food, Ardo
MAUSER Group has signed an agreement to increase its stake from 32.5% to 50% in intermediate bulk containers (IBC) joint venture (JV) Fanshun MAUSER Shanghai Packaging, located in China. The MAUSER Packaging's IBC production assets will ...
Tags: Packaging
The Philippines' Nickel Asia said Monday it shipped out a record high 14 million wet mt of nickel ore in 2013, up 19% from 2012. Of the total volume, 3.59 million wmt was saprolite ore, down 15.3% year on year, while 10.41 million wmt was ...
Tags: Nickel Ore, Nickel, nickel price
Advanced Dynamics' label applicators will be among the exhibits at Ipex 2014 from March 24th to 29th at ExCel in London. With the countdown to the start of the event almost over, event director Trevor Crawford explains how a careful ...
Epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK says that its minor equity stake in the share capital of Solar Junction Corp (SJC) of San Jose, CA, USA, which makes III-V multi-junction solar cells for concentrated ...
Tags: Electrical, Electronics, Solar
Forklifts are powerful industrial trucks which are used to transport and lift materials in distribution centers, construction sites and warehouses. A new trend which is emerging in the forklift services market is automated forklifts which ...