Tong Hsing Electronic Industries, which provides assembly and test services for niche ICs and produces ceramic substrates for the manufacture of LEDs, expects its capex for 2015 to exceed NT$1.5 billion (US$47.8 million). The capex will be ...
Japanese trading company Itochu has decided to sell its stake in China Foods Investment (CFI) in an effort to make a $10.4bn investment in Chinese state-owned firm Citic. The company will now sell its 74.1% shares in Chinese food unit ...
Tags: Foods Investment, CFI
Quintessential Brands has acquired French spirits producer Lafragette & Legier (L&L) from French American Vintners. The acquisition marks an important step in the company's growth as an international drinks business. This ...
Tags: spirits, Quintessential Brands
SunOpta has signed a definitive agreement to acquire Citrusource, a move that will expand the company's healthy beverages range. The acquisition is in line with the company's core integrated two-touch strategy and leverages the vertically ...
Tags: SunOpta, Organic Juice
Right Concepts Advertising, a digital fabric printing company in Dubai, has become the first company in the Middle East to install MTEX5032Pro, MTEX's textile printer, according to a report from Saga Digital, a premier provider of printing ...
Australia based Warrnambool Cheese and Butter Factory (WCB) has agreed to acquire the everyday cheese business (EDC Business) of Lion-Dairy & Drinks (LDD), in a A$137.5m ($107.3m) deal. With this transaction, WCB will boost its ...
Tags: Cheese, Butter, Lion Dairy
Packaging solutions provider Multi Packaging Solutions (MPS) has completed the previously announced acquisition of Scotland-based Presentation Products Group for an undisclosed amount. Presentation Products Group specialises in supplying ...
Qatar Investment Authority’s wholly-owned subsidiary Hassad Food is looking at options to purchase Brazilian sugar and poultry assets, in a bid to venture into North American market. Reuters reported citing Hassad Food business ...
Tags: Hassad Food, Poultry Assets
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 ...
The European Commission has started an in-depth investigation into Cargill's planned acquisition of Archer Daniels Midland's (ADM) chocolate business, as the $440m deal could lead to higher prices of chocolates. During a preliminary ...
Foodservice equipment producer Middleby will acquire high speed slicing business unit of the UK-based Marel. The acquisition, which includes Marel High Speed Slicing business unit's assets and the manufacturing facility, is expected to be ...
Belgium-based packaging company VPK Packaging group has made its first acquisition in Ireland with an agreement to acquire 100% shares of corrugated board box manufacturer ICS Europaks for an undisclosed amount. Based in Galvone ...
Swiss chocolate maker Barry Callebaut has agreed to acquire industrial chocolate manufacturing assets from US-based World's Finest Chocolate. Both the companies have signed a new long-term outsourcing agreement to this effect. As per ...
Tags: industrial chocolate, Food
Hormel Foods is in the late-stage talks to acquire Applegate Farms, a producer of organic hot dogs, bacon and sausages. This comes after the company acquired Muscle Milk maker CytoSport Holdings in August last year. The proposed deal ...
Tags: Hormel Foods, Bacon
France-based rice producer Marbour has agreed to acquire 100% stake in Canadian establishment MRRM. Both the companies have entered into a definitive agreement to this effect. MRRM mills, bags, packages, cans, processes, and sells ...
Tags: rice, Marbour, MRRM mills