US based Ketchup maker Heinz has signed a definitive merger agreement with Kraft Foods to form a new company, Kraft Heinz, to become the third largest food and beverage firm in North America and potentially fifth largest in the world. ...
Australian farmers, agribusiness and food business entrepreneurs working with Chinese businesses are reporting greater access to new markets and value chains, which is translating to increased profits, according to new research released ...
DFS has secured a new £230m funding package from a banking syndicate led by Lloyds Bank Commercial Banking following its recent stock market listing. The funding includes a £200m term loan that will be used to repay existing ...
Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has signed a sales representative agreement with Infinity Sales, a semiconductor manufacturers' representative in Southern ...
Tags: Oclaro, semiconductor, optical transceivers
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 ...
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 ...
Orora has announced plans to build a new dairy bag production line following the securing of a long-term supply contract for Fonterra's New Zealand milk powder operations. The $20 million investment will see the establishment of a new ...
Wilson Sporting Goods Co., a division of Amer Sports Corporation, and Louisville Slugger, a division of Hillerich & Bradsby, Co., (H&B), announced that Wilson has acquired global brand, sales and innovation rights to Louisville Slugger from ...
Tags: Wilson, H&B, Sporting Goods
Egg producer Bird Bros has succeeded in overcoming downtime, increasing efficiency and eliminating wastage by upgrading to a fully automatic Endoline case sealing system. Based in Bedfordshire, the company supplies high quality eggs to ...
Tags: Bird Bros, Egg, Sealing System
San Diego Sport Innovators (SDSI), a non-profit business accelerator focused on growing sports and active lifestyle companies, is now a free-standing organization independent from its parent company Connect, which focuses on the technology ...
Tags: SDSI, NBA, Sporting Goods
Majestic Athletic and Major League Baseball Properties have reached an extension of their contract that makes Majestic the official on-field uniform of MLB through 2019. Through the new agreement, Majestic will retain exclusive rights to ...
Tags: Majestic Athletic, markets, Sporting Goods
Minibar Delivery, a New York-based technology company that provides on-demand access to wine, liquor, beer, has signed a definitive agreement to acquire Booze Carriage, an alcohol delivery platform based in New York City, the US. As per ...
In 2014, specialty chemicals group Lanxess said it substantially improved its operating result and net income in a challenging market and competitive environment. Although sales declined slightly by 3.5 per cent to around €8 ...
Tags: Lanxess, specialty chemicals