US Foods, a food company and distributor based in Rosemont, Illinois, has agreed to acquire Glover Wholesale, a leading foodservice distributor based in Americus, Georgia, for an undisclosed amount. Glover Wholesale serves nearly 2,500 ...
Tags: leading foodservice distributor, food culture, healthcare
Private equity firm Cyprium Investment Partners has exited its minority investment in Imperial Bag & Paper, a wholesale distributor of paper and plastic packaging for the foodservice industry and retailers across the US. Imperial Bag & ...
Tags: wholesale distributor, paper and plastic packaging, foodservice industry
China's building material sector slowed down sharply in the first nine months of this year due to the government's tightening of the property sector, according to the latest data from the country's top economic planner. Cement output rose ...
Tags: China, building material sector, tightening of the property sector
Forever Cheese, a cheese producer based in New York, US, has issued a multistate recallof Ricotta Salata Frescolina brand cheese products, as they may be contaminated with Listeria Monocytogenes. The product being recalled is Ricotta ...
The UK Financial Services Authority (FSA) has fined Japan's Mitsui Sumitomo Insurance's European unit (MSIEu) and banned its former executive chairman, Yohichi Kumagai for serious corporate governance failings. The UK watchdog has fined ...
Tags: Financial Services Authority, Mitsui Sumitomo Insurance, watchdog
China's building material sector slowed down sharply in the first nine months of this year due to the government's tightening of the property sector, according to the latest data from the country's top economic planner. Cement output rose ...
Tags: China, building material, tightening of the property sector
Willis Group's facultative and wholesale reinsurance arm Faber Global has opened a new office in Singapore to cover cfor local and Asian markets. Faber Asia-Pacific CEO will lead the new Singapore office, reporting to Faber CEO Jason ...
Tags: Willis Group, reinsurance arm, Faber Global
Fal Foods Worldwide is set to launch DF MAVENS, a non-dairy ice cream, in the US. The product has been developed by cream consultant Malcolm Stogo and health food expert Steve Hirschhorn. The new packaged ice cream line will hit the ...
Howden Broking Group has appointed Richard Friedl as managing director and head of business development at its North American property/casualty division. In his role, Friedl will focus on the company's retail and wholesale producers to ...
Tags: Howden, North American, casualty division
Department of Service Statistics of NBS China Federation of Logistics and Purchasing(CFLP) In November,non-manufacturing purchasing manager index was 55.6 percent,a slight increase of 0.1 percentage points over the previous month. In ...
US-based natural ice cream and yogurt substitute manufacturer Chloe's soft Serve Fruit has announced the national expansion plan along with a $2.5m investment. The investment will allow Chloe's Soft Serve Fruit, to expand in New York, New ...
US-based Safetek International has announced that its Food Film Division has initiated the marketing of its new environmentally-friendly Safetek Professional food service film packaging.The new film can be used for meat,poultry,produce and ...
Tags: film packaging, environmentally-friendly, wholesale price
Tootie Pie Company,a US-based manufacturer of handmade and baked pies,has announced the re-launch of its pies in about 25 H-E-B plus stores in Texas. Tootie Pie's products,which have been developed using fresh fruits and fine ...
Brasil Foods (BRF) has signed a binding agreement to buy a 49% stake, and management control in Federal Foods, a privately-held company headquartered in Abu Dhabi, for $36m. This acquisition will be part of BRF's strategy to strengthen its ...
Tags: binding agreement, management control, processed products facility
Japanese car maker Mitsubishi Motors has reported net sales of 1,807.3bn yen ($22.4bn) for the fiscal year 2011, a marginal decrease of 1% compared to 1,828.5bn yen ($22.62bn) over the previous fiscal year. The decrease in sales was ...
Tags: Mitsubishi Motors, operating profit, Net profit, minicar