French dairy giant The Lactalis Group has offered its Italian subsidiary Parmalat a buyout offer of €637m for the 12.26% stake it doesn’t hold. The move from the Lactalis is to take 100% control of Parmalat in order to delist ...
Tags: dairy, Lactalis Group
Global forklift market has continued to grow since 2013 with sales exceeding 1 million units for the first time in 2014 and reaching 1.064 million units in 2015 (up 3.5% year on year), largely driven by the growth in U.S. and European ...
Belgian chocolate and cocoa products firm The Barry Callebaut Group has completed the acquisition of a chocolate production facility from Mondelēz International. The acquisition of the facility, which is located in Halle, Belgium, ...
Tags: Barry, chocolate, cocoa products
Elif, the “Global Supplier” of the flexible packaging industry, has been named among the finalists of WorldStar 2017 with the hybrid printing technology ‘ElfHybr’, the latest ring of the chain of innovations made for ...
Tags: ElifHybr, Hybrid Printing
The European Bank for Reconstruction and Development (EBRD) has agreed to provide €18.5m of loan to Global Beer Georgia (GBG) to construct and operate a greenfield brewery in Georgia. It will be a syndicated loan package which will ...
Canadian industrial technology firm EnWave has bagged a contract from Bonduelle to increase the productivity of the latter’s 120kW Radiant Energy Vacuum (REV) machinery. Bonduelle is a French based global processor of frozen ...
Tags: Energy Vacuum, REV Machiney
The Everstone Group has acquired an undisclosed stake in Mumbai-based OmniActive Health Technologies for $35m. The acquisition is aimed at accelerating Everstone's growth in the fast-expanding nutraceuticals space. OmniActive is a major ...
Tags: Everstone, OmniActive
Kvadrat Soft Cells, one of the leading Danish producers of high performance acoustic solutions, has recently acquired the British acoustic manufacturer Fabric Systems. The move will create a powerful textile acoustics entity, which will be ...
Tags: Kvadrat Soft Cells, Fabric Systems
China Investment Corp chief says it is seeking Belt and Road opportunities China's $800 billion sovereign wealth fund aims to be a long-term investor in international investments and increase its close work with partners to seek ...
Tags: Belt and Road, Long-Term Investor
Despite the global economic slowdown and tougher competition to attract capital, Shanghai attracted $18.5 billion in overseas investment in 2016, marking the 17th consecutive year of growth. According to official figures released by the ...
An estimated 150 million flexible AMOLED panels for use in smartphones will be shipped globally in 2017, triple the shipments in 2016, according to industry sources. Apple will launch a 5.8-inch iPhone equipped with flexible AMOLED ...
Tags: AMOLED display, AMOLED panels
FROM electronics producers to railway contractors, Chinese businesses all face the same problems—promoting their brands overseas. One of China’s most influential commercial symbols, Lenovo, has overtaken HP as the ...
Tags: electronics, PC, Lenovo
Samsung retained its global smartphone crown in the third quarter, despite the monumental recall of its Galaxy Note 7, according to a pair of reports released Wednesday. Vendors shipped 362.9 million phones worldwide in the third quarter ...
Tags: Samsung, Galaxy Note 7
David Grissam was worried he'd have to quit his job. Grissam had steadily been losing his hearing, which was a serious problem for the 911 dispatcher based in Norman, Oklahoma. It had gotten to the point where normal hearing aids didn't ...
China imported 11 million mt of thermal coal in November, rising 69.2% year on year and 50.5% on the month to the highest volume since December 2014, data released by the General Administration of Customs showed Friday. During the ...
Tags: Thermal Coal, Coal