In a strategic investment deal with private equity firm Lion Capital, Swiss food firm Aryzta will be buying a 49% stake in French premium food company Picard for €446.6m. Aryzta, which recently sold 49 million shares of the agri ...
Two investment funds KKR and CVC Capital Partners have emerged as top bidders for Pivovarna Lasko, a Slovenian brewery. Three other bidders - Mid Europa Partners, Bain Capital and Dutch brewer Heineken - were urged to submit improvised ...
The coming of spring brings with it a number of seasonal tasks. One of them is inspecting your outdoor space to see how your hardscape has survived the winter and repairing damage as necessary. (Hardscape, in case you're unfamiliar with the ...
Distell Group, a leading liquor producer in South Africa, is in negotiations with India-based Tilaknagar Industries to acquire a few of latter’s brands. Tilaknagar Industries, which has INR 8bn- ($128m) debt, expects to generate ...
Tags: Distell Group, Liquor, Food
US-based private investment firm Highlander Partners has acquired Lemon-X, a manufacturer and supplier of juices, juice blends, lemonades, teas and cocktail mixes. The financial terms of the deal have not been disclosed. Lemon-X has ...
Tags: Lemon-X, Juice Tyme, Food
Chinese chemical company ChemChina has acquired Italian tire company Pirelli for $7.7 bn. ChemChina makes all steel radial tires and off-the-road tires, and is reportedly one of the largest producers of high strength conveyor belt and ...
Honda has announced a new lease programs for the existing and prospective Fit EV customers. Under the new program, the existing Fit EV customers will get a two-year lease extension , along with lower monthly payment option of $199, ...
Tags: Honda, Fit EV, Auto Parts
New research from market research organisation Mintel has found that the share of own-label food products launched in the UK carrying a ‘better-for-you’ claim reached a five-year high in 2014. Mintel found that almost two ...
In the early 80s, a young Ogilvy & Mather art director, John Curran, was feeling a long way from home. He’d been in Australia for many months, but his girlfriend had just arrived with a lot of his memories in her suitcase. He ...
The European Union’s (EU) rapid alert system for dangerous consumer products (RAPEX) stopped numerous substandard toys from reaching European children last year, according to European Commission statistics released today. Toy ...
A key challenge for food companies is to create a continuous stream of new products which are “UNIQUE” in the eye of the consumer. The pressure from periodic range reviews drives an “in with the new” and “out ...
Tags: Incrementalism, New product, Food
Illinois Attorney General Lisa Madigan has sued an Illinois-based online sports equipment retailer for dishonest business practices that resulted in consumers losing hundreds of thousands of dollars. ADVERTISEMENT Madigan filed the ...
Instant noodles are an essential part of life for many people in China and other Asian countries, thanks to their convenience, cost and taste. Chinese people consume more than 40 billion packets of instant noodles annually, accounting for ...
Tags: Instant noodles, junk food
Tetra Pak is planning a push in the food packaging market with its cartonboard packaging offering. Tetra Recart was the first retortable carton package which enabled filled product to be sterilized within the package. A direct ...
Pivovarna Lasko, a leading brewer in Slovenia, has secured five binding bids in a sale that iis likely to be completed by June end. Though the names of the bidders have not been announced officially, local media reports say that Dutch ...
Tags: Pivovarna Lasko, bids, Food