Stradis Healthcare has opened a new surgical pack and contract packaging facility at Peachtree Corners in Georgia, US. The new 70,000ft2 facility will expand Stradis contract packaging product offering, in addition to surgical pack ...
Tags: Surgical Pack, Contract Packaging
Petainer UK Holdings has completed the transaction with KKR Credit for a €100m debt and equity investment. The funding from KKR Credit is being used to refinance the Company's capital structure and also finance the implementation of ...
Tags: KKR Credit, Petainer
Automaker Ford has invested $182.2m in technology firm Pivotal to speed up cloud-based software development. Headquartered in San Francisco, Pivotal is a cloud-based software company accelerating digital transformation for enterprises. ...
Tags: Cloud-Based Software, Ford
Private investment firm City Capital Ventures has acquired Illinois-based Cookie Specialties (CSI) or Matt’s Cookies, for an undisclosed sum. Matt's Cookies was founded in 1972 by Grant Pierce and operated as a family owned business ...
Australian dairy processor Burra Foods has signed an agreement with dairy farming company Inner Mongolia Fuyuan Farming, allowing the company to gain a majority shareholding in it. The move is part of Burra's growth plans to improve ...
Tags: Burra Foods, dairy processor
German automotive firm Daimler is planning to invest about €500m in a new engine production facility in Poland. The facility, which will be situated in Jawor, around 70km west of Wroclaw, will be Mercedes-Benz Cars' first in Poland. ...
Tags: Daimler, Engine Plant
Ford 2017 F-150 will be offered to customers with all-new 3.5-liter EcoBoost engine and 10-speed transmission. The new second-generation 3.5-liter EcoBoost engine will provide 30 lb.-ft. more peak torque compared with the first-generation ...
Tags: Ecoboost Engine, Ford
Daimler is planning to invest €580m in its Mercedes-Benz plant in Kecskemet, Hungary. The facility, which started operation in 2012, will produce the next generation of compact cars. Daimler has so far invested about €1bn ...
Tags: Daimler, Mercedes-Benz
Indian food company MTR Foods is planning to invest Rs 2bn ($30m) in the next four to five years to increase its production capacity from 45,000 mt to 72,000 mt at its facility in Bengaluru, the capital city of the country’s southern ...
Tags: MTR Foods, Orkla Foods
China's manufacturing activity expanded for the second month in a row in April but at a slower pace, official data showed on Sunday. The purchasing managers' index (PMI) came in at 50.1 in April, slightly down from March's 50.2 and below ...
Tags: manufacturing activity, sub-index measuring production
US-based food company Hormel Foods has entered into an agreement to sell Diamond Crystal Brands (DCB) to a partner of private equity firm Peak Rock Capital for an undisclosed sum. DCB, which was founded in 1980, manufactures and ...
Brazilian poultry exporter BRF has entered into an agreement to acquire the remaining stake in Oman-based frozen food distributor Al Khan Foodstuff (AKF). Currently, BRF owns 40% stake in AKF and the total acquisition is is estimated ...
Tags: Frozen Food, frozen food products
Riddell, Inc., developer of protective sports equipment, apparel and related accessories, filed lawsuits against Schutt Sports, Inc. and Xenith, LLC claiming both helmet manufacturers are infringing several patents covering Riddell’s ...
Tags: Riddell, Protective sports equipment, Schutt Sports, Xenith LLC
Under Armour Inc. reported revenues in the first quarter increased 30 percent in the first quarter of 2016 to $1.05 billion compared with net revenues of $805 million in the prior year's period. Wall Street's average expectation was $1.04 ...
Tags: Under Armour, Revenues
Flexible liquid packaging solutions provider Liqui-Box is planning to invest $4m in advanced packaging production technology at two packaging manufacturing facilities in the US. The firm will upgrade each of the two facilities located at ...