Novozymes acquires Iogen Bio-Products, industrial enzyme business of Ottawa-based Iogen Corporation for CAD 67.5 million (approximately DKK 370 million) and potential earn-out payments of up to CAD 12.5 million (approximately DKK 70 ...
Tags: Novozymes, Bio-Products, enzyme business
Towergate Insurance has successfully completed the acquisition of insurance broker Speake Medley (Commercial Insurance) and Woodside Insurance Service's general insurance business. CCV has also procured an additional 45% shareholding in ...
Tags: Towergate Insurance, insurance broker, Insurance Services
Xylem Inc. has announced that it is expanding its dewatering pump rental offering across Europe to cater for a growing demand within the construction, municipal, mining and industrial sectors. Xylem will increase its bank of surface ...
Tags: Dewatering Services, dewatering pump, submersible pumps
Steve Hankins CHARLOTTE, N.C. — Logistics provider Globe Express Services has hired Steve Hankins as executive vice president, chief financial officer and chief information officer. The company said Hankins, a former CFO of Tyson ...
Tags: Globe Express Services, Steve Hankins, executive vice president
CCL Industries Inc., a world leader in specialty packaging solutions for the consumer products and healthcare industries, has signed a binding agreement to acquire the Office & Consumer Products and Designed & Engineered Solutions ...
Tags: label converting business, packaging solutions, CCL Industries
Infor is being sued by a Puerto Rican tax authority on grounds that its failure to maintain software used by the organization racked up $9 million in costs. The Municipal Revenue Collection Center first acquired a limited license in 2006 ...
Tags: Infor, software, company news
VMware said Monday it will cut 900 jobs in a move to focus more on high potential businesses, as profits remained strong but growth slowed. The company said the job cuts, revealed as part of its earnings release for last year, will come ...
Tags: VMware, high potential businesses, job cut
Canadian retailer Metro Inc has reported an increase in first-quarter profits as higher sales boosted margins. Metro booked a 17.1% rise in net earnings to C$121.4m (US$121.1m) for the quarter to 22 December. Excluding profits from a ...
Tags: food inflation, food industry, profits
Greencore reported a "satisfactory" start to the year today (29 January) as acquisitions in the US offset flat UK revenues. In a trading statement released ahead of its AGM, Greencore said that sales of at its convenience food business ...
Tags: Greencore, US offset flat, UK revenues
G&K Services, Inc. reported operating results for the second quarter of its fiscal year 2013, which ended on December 29, 2012. Second quarter revenue grew by 5.6 percent to $229.2 million, up from $217.1 million in last year’s second ...
Tags: G&K Services, second quarter, 2013
Greencore’s latest trading results follow a successful previous year for the group against a tough trading environment. They have been welcomed as a “sound start” to the new financial year by analysts who predict ...
Tags: Greencore, chilled foods, chilled desserts
VMware said Monday it will cut 900 jobs in a move to focus more on high potential businesses, as profits remained strong but growth slowed. The company said the job cuts, revealed as part of its earnings release for last year, will come ...
Tags: VMware, high potential businesses, jobs
Global installations of photovoltaic (PV) systems are set to rise again this year, but the industry will suffer a decline in overall revenues because of a slowing growth rate and decreasing system prices. That’s the latest ...
The latest batch of reports from the just-food research store includes health claim strategies for food and drinks firms, social media strategies for food companies and super grains. Bakery Cookies (Sweet Biscuits) Market in United ...
Tags: Bakery, Confectionery, Online
Philips Lighting will be further realigning its North American business sales and operations around a solution-selling approach, giving partners and customers access to the full suite of Philips' industry-leading lighting products through a ...
Tags: Philips Lighting, LED lighting, LED