ICV Partners (ICV) announced today that it has completed the sale of Stauber Performance Ingredients, a leading distributor of nutraceutical ingredients, to Hawkins, Inc. (Nasdaq: HWKN), for $157m. Founded in 1969, Stauber offers ...
Alibaba has agreed to buy some 30 percent stake into China's food delivery service Ele.me, valued at 1.3 billion U.S. dollars. The deal is expected to be completed after the Spring Festival in Feburary of next year. After completion, it ...
China's online retail volume is expected to outperform the rest of the world by reaching four trillion yuan (618 billion U.S.dollars) this year, Commerce Minister Gao Hucheng said Sunday. China has attained key targets outlined by the ...
Tags: Online Retail, Volume
Russia and India vowed on Thursday to enhance military, nuclear and anti-terror cooperation in a bid to promote their "privileged strategic partnership." "Large serial production of anti-ship missiles for India has begun," Russian ...
Tags: Military, Nuclear, Anti-terror
Shen Hao, former president of 21st Century Media Co. Ltd., was sentenced to four years in prison on Thursday for blackmailing companies by threatening negative coverage. Shen was convicted of extortion and forced transactions, among other ...
China's latest efforts to stimulate its economy by deepening structural reform will produce rich "dividends" shared within China's borders and across the world. While the effectiveness of traditional demand-side policy support lessens, ...
Tags: Structural Reform, PRO-growth
Chinese stocks tumbled for the second straight session Thursday led by brokerages and the coal sector. The benchmark Shanghai Composite Index dropped 0.65 percent to close at 3,612.49 points. The Shenzhen index lost 0.58 percent to finish ...
Tags: Shares, Brokerages
Taiwan's machine-tool makers have entered into an alliance with the island's aircraft builders and a government-backed laboratory to develop intelligent industrial technology to sharpen their machine tool capability to manufacture aircraft, ...
Tags: aircraft-building, intelligent industrial, Processing Machinery
Corrugated packaging company Pratt Industries has recently commissioned a new $260m containerboard production line at its greenfield paper mill in Valparaiso, in the US state of Indiana. The OptiConcept M board making line was supplied by ...
Tags: Pratt Industries, containerboard, Packaging
Organic and natural products company Hain Celestial Group’s UK subsidiary has acquired Orchard House Foods, a supplier of fruit desserts, juices and ingredients in the UK. Orchard Foods was established in 1985 by Wellness Foods . It ...
Tags: Hain Celestial Group, Orchard House Foods, Agriculture
Portuguese bus company Greenbus has augmented its fleet by purchasing two Setra S 516 HDH touring coaches. The two three-axle vehicles, equipped with the TopSky Panorama glass roof, are the first Setra TopClass 500 models to be delivered to ...
Tags: Greenbus, Setra S 516 HDH, Auto
China will deepen structural reform of rural industries and upgrade the integrative development of agricultural, industrial and service sectors in rural regions. The measures are key to promoting the modernization and urbanization of ...
Uber has announced a partnership with a major Chinese auto maker. The San Francisco-based company says it will work with Guangzhou Automobile Group in areas including investment, sales, marketing and promoting new energy vehicles. Terms ...
Tags: Uber, Guangzhou Automobile Group
Cooke Seafood Group has initiated an offer to acquire Uruguayan seafood company Fripur S.A. Cooke's exclusive investment banking advisor for the deal is Antarctica Advisors. The acquisition offer was in line with the Court's ...
Tags: Cooke Seafood Group, Fripur S.A., Food
Sealed Air has acquired Dry Lube and its subsidiary Dry Lube, a specialized, water-free conveyor lubrication technology and service provider for the food and beverage industry. Dry Lube's technology enables brewing, beverage and dairy ...
Tags: Dry Lube, lubrication technology, Packaging