Australia based private equity investment firm Pacific Equity Partners (PEP) has agreed to acquire Kerry Pinnacle, the Australian subsidiary of British baked goods firm Kerry Group. Reuters reported citing a person with knowledge of ...
Tags: baked goods, Kerry Group
At a time when Chinese sportswear and casual attire makers were busy clearing their inventories due to a less clear-cut brand orientation, China's domestic high-end designer brands seem to be enjoying better fortunes. Chinese high-end ...
Tags: Apparel Brands, sportswear, casual attire
China, the world's largest new-car market, is expected to surpass the United States to become the world's largest market for electric vehicles with its dramatically increased sales since the second half of 2014, according to an expert at ...
Tags: Electric Car, electric vehicles
Flavors producer McCormick has agreed to acquire 100% of Italy-based spice producer Drogheria & Alimentari (D&A) for around €85m (($97m). The company has signed an agreement to this effect which is expected to be closed in May ...
Fresh produce firm Produce World Group is planning to shut down its plants in Butterwick and Swinderby, in the UK. The move forms a part of the company's strategy to restructure the business in order to face market challenges. The ...
Tags: Produce World, root vegetables
"By adding Family Dollar to our portfolio of brands, Dollar Tree will soon operate more than 13,000 stores in 48 states and five Canadian provinces with annual sales exceeding $18 billion,” a top Dollar Tree official said. Bob ...
Tags: business model, footprint, Apparel
As innovation in engine-powered two-wheel transportation accelerates, the market for e-bicycles is expected to expand. The technological trends contributing to this development include combined throttle-control and pedal-assist models, ...
Tags: E-Bicycles, 3D-printed bicycles, Lights
One of the best moves Floors and More ever made was a year into the company’s life when its founders Dan and Brenda Billingsley decided to take their tile store from a city address to its current location on Interstate 30, a direct ...
Tags: tile store, Construction
Frozen bakery products manufacturer Vandemoortele will acquire Lanterna-Agritech (LAG), a producer of frozen focaccia and bread in Italy. The acquisition will enable Vandemoortele to boost its bakery products business in Italy, as well ...
Tags: frozen focaccia, bread, Agriculture
The NPD and BTHA kick off Toy Fair 2015 with news of a 4.4 per cent increase in toy sales for last year. The British toy market achieved a 4.4 per cent increase in 2014, reaching £3 billion at retail and enjoying its best result ...
Tags: toy market, toy sales, Toys
On January 18,2015, CAMC 2015 marketing business annual conference was held in Kunming. From all over the country, CAMC heavy truck dealers, service providers and the special vehicle factory representatives and industry media press got ...
Tags: heavy truck market, macroeconomic trends, Transportation
American cereal producer Kellogg has completed the acquisition of a majority stake in Egyptian cake and biscuit maker Bisco Misr, in a previously announced deal worth $125m. Kellogg has agreed to pay £89.86 per share for 85.93% ...
Tags: Egyptian cake, biscuit maker, Agriculture
Tennessee-based printing papers, specialty papers and pulp manufacturing company Verso Paper has completed the acquisition of its larger rival NewPage Holdings for $1.4bn. Verso announced that with this acquisition, it will have ...
Tags: flexible packaging, technical paper applications, Agriculture
General Motors expects the sale of light vehicle in the US to reach 17 million units in 2015 from the previous 16.5 million units sold in 2014. General Motors CEO Mary Barra said: "The U.S. economy and vehicle sales have been rebounding ...
Tags: light vehicle, job security, labor market, Auto
Mumbai-based packaging material manufacturer Essel Propack has started operations of its fifth plant in China to expand its manufacturing capabilities in Egypt and China. The company built the 5,000m2 plant in Changshu to cater to the ...