Swire Pacific subsidiary Swire Beverages has agreed to acquire Coca-Cola bottling assets in China in a bid to strengthen its business in non-alcoholic ready-to-drink beverages. The deal to refranchise bottling operations in China has been ...
Tags: Swire Pacific, Coca-Cola
Coesia Group firm IPI has introduced a new platform for the aseptic carton packaging of liquid food products. The Flexpeed Aseptic FX120 filling machine can be used for the aseptic packaging of products, including milk, wine, fruit ...
Tags: Filling Machine, Carton Packaging, Liquid Food Products
South African food company Pioneer Foods has announced that it would buy a 49.89% stake in major FMCG manufacturer Weetabix East Africa for an undisclosed amount. The acquisition is expected to establish a strategic beachhead for Pioneer ...
Tags: Pioneer Foods, Cereal
Antarctica Advisors, the Seafood Industry-focused advisory firm, acted as the investment banking advisor to Ocean Choice International ("OCI") in the CAD 240m ($177.6m) refinancing of its credit facilities with a syndicate of Canadian and ...
Tags: Antarctica, OCI
In September, reports surfaced that Apple was in talks with car-maker McLaren concerning a possible takeover of the company by Tim Cook and co. It was also claimed that Apple was considering investing in the British supercar company if a ...
UK food producer Cranswick has acquired Northern Irish pork processing business Dunbia Ballymena for an undisclosed amount. Cranswick purchased the entire issued capital of Dunbia Ballymena’s pork business for cash. Dunbia ...
Tags: Cranswick, food producer
Facebook's CEO Mark Zuckerberg has provided an update on what the company is doing to combat fake news on its platform, following a week of criticism about the extent to which misinformation could have influenced the US election. As a ...
Tags: Zuckerberg, Facebook
Tesla recently announced that its cars will now be produced with new hardware that will allow them to be fully autonomous. The new range of hardware and software features will enable "full self-driving capability at a safety level ...
Tags: Tesla, Driverless Cars
Apple’s developments in the market are a hot topic in the technology industry, market rumors that next generation iPhones would be using OLED displays ushered in a large wave of investments in the sector in China. OLED, which was a ...
Toyota announced it will increase Tacoma's production by more than 60,000 trucks annually at its Baja California, Mexico facility in 2018. The increased volume will add approximately 400 jobs and inject about $150 million in new investment. ...
Toyota Research Institute (TRI) today announced that it will join forces with the Open Source Robotics Foundation (OSRF) and its newly-formed for profit subsidiary Open Source Robotics Corporation (OSRC) to expand the development of both ...
Tags: Toyota, Open Source Robotics
The body looked at the US Public Interest Research Group's 2015 "Trouble in Toyland" report and W.A.T.C.H's 2015 "10 Worst Toys" list and found the data to be unreliable. The Toy Industry Association is urging US families not to fall for ...
"There is no doubt that John has changed the LEGO Group and that the LEGO Group has changed him," said CEO Jorgen Vig Knudstorp. LEGO chief financial officer John Goodwin will leave the company on June 30th, 2017. Goodwin joined the ...
Graphic Packaging, a provider of packaging solutions to food, beverage and consumer product companies, reported Net Income for third quarter 2016 of $57.8 m, or $0.18 per share, based upon 320.4 million weighted average diluted shares. ...
Tags: Graphic Packaging, Packaging
India-based e-commerce firm TeaBox has introduced new individually packaged tea bags called TeaPacs. The new packaged tea bags are sealed at the source by using a natural nitrogen flush, helping to preserve flavor and freshness. TeaBox ...