Flowserve Corp’s Mark Blinn is planning to retire as president, chief executive officer and a member of the board of directors. Blinn, who joined Flowserve in 2004 and was named CEO in 2009, will continue to serve as president and ...
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Nine Dragons Paper announced the audited consolidated results of the company and its subsidiaries for the year ended 30 June 2016. The Board has declared and approved a final dividend of RMB 8 cents per share, and special dividend of RMB ...
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Tetra Pak's 100% Juice Index Report has predicted that the market for 100% juice should return to growth despite global economic slowdown and the recent debate around sugar. According to the company, the combination of emerging growth ...
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In what it describes as a momentous perdiod, the multichannel retailer has seen a 39 per cent growth in online sales. The Entertainer is celebrating its seventh consecutive year of growth having reached a pre-tax profit of £6.9 ...
Tags: Entertainer, online sales
'The appointment of Lisa Kinsella supports the unprecedented growth of the agency's client base and spend,' says Generation Media's Lisa Morgan. Generation Media is boosting its AV investment team with the addition of Lisa Kinsella as ...
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Canadian poultry and pork producer Olymel has announced to invest $11m to expand and modernize its pork processing plant at St-Henri-de-Lévis, Quebec. The investment will be used to establish new equipment at the facility which is ...
Tags: Olymel, investment, expansion
Drinks giant Diageo is reportedly planning to slash around 400 jobs at its London office in order to boost profits and reduce expenditures. The move from the company is seen to be a part of a three-year initiative designed to save ...
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French food supplier Solina Group has completed the acquisition of Rob Whitehad’s UK-based sauce maker New Ivory for an undisclosed price. The acquisition is part of Solina Group’s efforts to strengthen its presence and also ...
Tags: Solina, acquisition, New Ivory
Hannover, September 22, 2016 – Standing out with its unmatched product range in the European semi-trailer industry, German manufacturer Kässbohrer is presenting its transport solutions, innovative technologies and new services at ...
Friedrichshafen/Hanover. ZF is further strengthening its position as a major technology supplier for the commercial vehicle industry by providing key technologies for autonomous driving. With these competencies, ZF products can enable ...
Tags: ZF, See–Think–Act
Grab, a rival to ride-hailing company Uber in Southeast East, has raised $750m in equity financing, increasing its total capital position to more than $1bn. The expanded, oversubscribed round was led by Grab's strategic partner SoftBank ...
Performance Food Group Company (PFG) announced that Tom Ondrof will join PFG as executive vice president and chief financial officer, effective from 1 October Ondrof will lead PFG’s corporate finance department and oversee ...
Tags: PFG, Tom Ondrof, executive vice president and chief financial officer
Last week's Hong Kong Jewellery & Gem Fair set an improved tone for the diamond market despite challenging conditions in the Far East. Overall, it should be considered a good show as dealer trading picked up after a very slow summer. After ...
Packaging firm Essel Propack has acquired remaining 75.1% stake in its German joint venture Essel Deutschland (EDG) for $32m. As part of the agreement, Essel’s Mauritius subsidiary Lamitube Technologies (LTL) will increase its stake ...
Tags: Essel Propack, stake, EDG, LTL
Major Chinese State-owned enterprises have launched the nation's largest private equity fund, worth 350 billion yuan ($52.5 billion), to finance SOE restructuring as part of China's efforts to advance supply-side reform. The money will be ...
Tags: Giant SOEs, nation fund