The UK Government has unveiled plans to ban the sale of petrol and diesel vehicles by 2040 as part of its program to deliver clean air. As per the plan, the ban will only include stand-alone petrol or diesel vehicles and not hybrid or ...
Tags: Diesel Vehicles, Petrol Vehicles
Schwan’s Company has acquired from Better Baked Foods and Drayton Foods from NE Foods. The terms of the sale were not disclosed. The acquisition represents the second in as many months for Schwan’s as it works to increase ...
Tags: Drayton Foods, Baked Foods
Sun Capital Partners' affiliate has closed the sale of Creekstone Farms Premium Beef to an unnamed supplier of premium USDA-certified beef and pork products. Terms of the private transaction were not disclosed. The choice of food lovers ...
Tags: Sun Capital, Beef
As both Toys R Us and Hasbro embrace the new medium, Marks & Clerk's Matthew Jefferies and Thomas Prock explore the pitfalls and opportunities the landscape presents the industry. 3D printing in the toy industry is on the march. Toys R ...
Tags: 3D Printing, Toys
US-based spice manufacturer McCormick & Company has agreed to acquire the food division of British consumer goods firm Reckitt Benckiser (RB) for $4.2bn to strengthen its flavor and condiments portfolio. The acquisition of RB Foods ...
Tags: consumer goods, RB Foods
In a surprise announcement, Ubisoft has pledged to unveil new games for the Nintendo Switch in the near future. During Ubisoft’s recent earnings call with corporate investors, CEO Yves Guillemot revealed the the firm would be ...
Tags: Ubisoft, Nintendo Switch
Chinese manufacturing company Truking Group has completed the acquisition of a majority shareholding in Germany-based Romaco. The sale, which was announcved in May, gives Truking a 75% stake in Romaco. Former owner, provate equity fund ...
Tags: Truking
Audi has unveiled the new A8 sedan, which is the first production automobile to have been developed specially for highly automated driving. The new Audi A8, which made its world debut at the Audi Summit in Barcelona, has a new design ...
Tags: Audi A8, gasoline engine
A new generation of the Audi A8 has been formally unveiled ahead of the car’s retail launch later this year – with a dedicated self-driving mode included. Audi first unveiled the A8 series of cars back in 1994, in a bid to ...
Tags: Audi A8, self-driving mode
Schweiter Technologies AG has come to an agreement with the Swiss Rieter Group on the sale of all shares in the SSM Textile Machinery division and has executed the transaction simultaneously. SSM Textile Machinery (www.ssm.ch) is a ...
Tags: Schweiter, Textile Machinery
France’s new ecology minister Nicolas Hulot has announced that the country will ban the sale of petrol and diesel-powered vehicles by 2040. The announcement is part of the country’s commitment to Paris climate agreement. It ...
Tags: Fossil Fuel, petrol
Swedish confectionery and nuts company Cloetta has agreed to divest Cloetta Italy to Katjes International. The sale equals an Enterprise Value (EV) of approximately SEK 450m. The proceeds will generate a positive net cash effect of ...
Tags: Cloetta
Jakob Mosser is to leave the Schur Flexibles Group, who founded the company in 2012 and has managed the company as CEO since that time. Following the company’s successful expansion, he provided support last year in the sale of the ...
Tags: Jakob Mosser, Flexibles
German printing inks manufacturer Siegwerk is supporting brand owners and converters to develop and realize innovative packaging solutions. The company is also offering its packaging expertise and creativity skills to brand owners and ...
Tags: Siegwerk, Packaging Solutions
Taiwan-based China Electric Mfg., which makes and sells own-brand TOA lighting products, expects the proportion of all lighting products for LED lighting models to exceed 40% in 2017. Global demand for LED lighting will keep growing, ...
Tags: LED Lighting, LED