US-based beverage company Iconic Brands has acquired a majority stake in BiVi, a distributor of premium Sicilian Vodka. With this deal, Iconic is aiming to focus on the premium spirits market. The firm believes that BiVi acquisition is ...
Tags: Iconic Brands, beverage
Hormel Foods has agreed to acquire Applegate Farms, a natural and organic meat products manufacturer, for around $775m. The companies have reached a definitive agreement to this effect. Applegate will operate as a separate, stand-alone ...
Suntory Beverage & Food (SBF) has signed a basic agreement to buy beverage business of Japan Tobacco (JT) for $1.2bn. According to SBF, the deal also includes acquisition of canned coffee brand Roots and peach-flavored drink brand Momono ...
Tags: Suntory, Japan Tobacco
Brazilian meat processor JBS is exploring opportunities for possible acquisitions in North and South America and Australia. The company will consider acquisitions in the chicken, pork and branded, packaged food industries this year, ...
Tags: meat processor, JBS
Cherokee Global Brands a global marketer of style-focused lifestyle brands has acquired casual lifestyle brand Everyday California from owners and founders Michael Samer and Christopher Lynch, it said in a statement. “We are very ...
Tags: casual lifestyle, Apparel
Two years after global garment brands and retailers and two global unions and their national readymade garments (RMG) affiliates signed an unprecedented agreement to make garment factories safe in Bangladesh, all 1500-plus factories covered ...
Tags: Garment Industry, garment brands
ConAgra Grocery Products will pay $11.2m in fine for shipping contaminated peanut butter that caused salmonella poisoning across the nation from 2006 through 2007. This comes after a lawsuit was filed against ConAgra Grocery Products ...
X-FAB Silicon Foundries AG of Erfurt, Germany and Exagan of Grenoble and Toulouse, France have entered into a joint development agreement to industrialize Exagan's GaN-on-silicon technology, begin producing high-speed power switching ...
Ascena Retail Group and Ann Inc entered into a definitive merger agreement under which Ascena will acquire Ann Inc for a combination of cash and stock in an accretive transaction. Upon closing, Ann Inc stockholders will receive $37.34 in ...
Tags: Ascena, Women's Apparel
Environmental Recycling Technologies (ERT) has signed an agreement with Metallis Recycling (MRL) to form a 50-50 joint venture in the UK. ERT will give the JV exclusive rights to manufacture flat sheet using its proprietary powder ...
Tags: Environmental Recycling Technologies, Metallis Recycling
Perry Ellis has entered into a license agreement in Australia and New Zealand with South Pacific Apparel, Ltd., for men's sportswear like polos, t-shirts, casual shirts, denim and pants under the Farah vintage brand. The new collection ...
Tags: Perry Ellis, men's sportswear, polos
Australian wine exports rose by 3.6 per cent in volume and 3.9 per cent in value of wine exports in the 12 months to end of March 2015, according to the latest findings from the Australian Grape and Wine Authority (AGWA). Australian wine ...
Tags: Wine Exports, Wine
Driveline and chassis technology provider ZF Friedrichshafen has acquired TRW Automotive Holdings for an undisclosed amount. TRW Automotive manufactures and supplies aftermarket products, braking products, chassis, commercial steering ...
Archer Daniels Midland (ADM) has agreed to acquire China-based sweetener manufacturer Meiweiyuan Biotechnology. Both the companies have reached an agreement to this effect. Subject to regulatory approval, the acquisition offers ADM ...
Tags: ADM, Meiweiyuan Biotechnology
WSWA Services, an affiliate of Wine & Spirits Wholesalers of America (WSWA) and Drizly, the Boston-based technology company, have entered into a collaboration agreement. With this strategic alliance, both the companies aim to provide ...