The Everstone Group has acquired an undisclosed stake in Mumbai-based OmniActive Health Technologies for $35m. The acquisition is aimed at accelerating Everstone's growth in the fast-expanding nutraceuticals space. OmniActive is a major ...
Tags: Everstone, OmniActive
Kvadrat Soft Cells, one of the leading Danish producers of high performance acoustic solutions, has recently acquired the British acoustic manufacturer Fabric Systems. The move will create a powerful textile acoustics entity, which will be ...
Tags: Kvadrat Soft Cells, Fabric Systems
Keeping up a sound and steady pace of development, the Chinese sports industry was booming in 2016 as investors tried to cover a wider range of business, while finding new engines to drive growth. Policy-oriented industry China's State ...
Tags: Sports Industry, outdoor sports
Spirits and wine firm Pernod Ricard has agreed to acquire a majority stake in West Virginia distiller Smooth Ambler Spirits. The purchase, to be made by Pernod Ricard North America subsidiary NBV Investments, is anticipated to be ...
Tags: Pernod Ricard, Spirits
Vietnam’s state investment firm has received offers from two foreign for stake purchase in the country’s dairy firm Vinamilk. The two firms will buy a combined 78.38 million shares in the company, according to a statement from ...
Tags: dairy firm, Vinamilk
German based food technology company GEA has bagged a contract valued in mid double-digit millions of euros to establish a nutritional powders plant in New Zealand for Mataura Valley Milk. The plant, which will come up at McNab, near Gore ...
Tags: Nutritional Powders Plant, GEA
Archer Daniels Midland Company (ADM) has announced plans to expand its production capacity of sweeteners and starches at its facilities in Turkey and Bulgaria to meet regional and global demand. The American global food processing company ...
Tags: ADM, food processing
Showa Denko’s (SDK) subsidiary Showa Aluminum Can (SAC) is set to produce sleek cans for beverages in Vietnam. In May 2014, SDK and SAC acquired a 91.75% stake in Hanacans Joint Stock Company, which produces beverage cans in ...
Tags: Vietnamese Beverage, Packaging
“This is an excellent addition to our deep-water portfolio – a key growth theme for Shell’s world-wide upstream business,” said Andrew Brown, Shell’s Upstream International Director. “It’s also good ...
Tags: First Oil, Deep-Water Project
China plans to launch a countrywide cable television network by integrating existing listed local networks into one public company by the end of 2020, said a government circular posted online on Friday. In response, stocks of six A-share ...
Tags: cable TV, television
Tongyi, a joint venture between Shell and Huo’s Group, is a prominent Chinese lubricant supplier with blending plants in Beijing, Xianyang of Shaanxi province and Wuxi of Jiangsu province. Shell acquired its 75% stake from Huo’s ...
Tags: Shell, Huo's Group, lubricant
The Saudi Public Investment Fund (PIF) has announced plans to buy 50% stake in Adeptio Group’s, which controls the Kuwait Food Company (Americana). However, financial details of the transaction were not disclosed. Saudi Arabia's ...
Tags: Kuwait Food, Food
BMW is planning to invest up to €500m on new car technologies over the next 10 years via its i Ventures division. The automaker will use the money to back startups working on areas including autonomous driving and digitalisation, and ...
Tags: BMW, BMW i Ventures
Volkswagen Group has signed a contract with SOVAC for vehicle assembly in Algeria. In the presence of the Algerian Minister of Industry Abdessellam Bouchouareb, Volkswagen Commercial Vehicles Board of Management Member responsible for ...
Tags: Volkswagen, Commercial Vehicles
Nissan Motor has agreed to divest its 41% stake in Japanese auto parts firm Calsonic Kansei to private equity firm KKR for JPY498.3bn ($4.5bn). This deal is being regarded as one of the largest deals in Japan, particularly in the ...
Tags: Nissan Motor, KKR