Commodities trading company Glencore has entered into definitive agreement with Canada Pension Plan Investment Board (CPPIB) to sell 40% equity interest of Glencore Agricultural Products for $2.5bn in cash transaction. Glencore's ...
Tags: Glencore, Canada Pension Investment Board, CPPIB, Agricultural Products
China-based investment firm Legend Holdings has signed a strategic agreement with Australian seafood company Kailis Family. Under the agreement, Legend Holdings and Kailis Family will form a joint venture named KB Food Group, in which ...
Tags: Legend Holdings, Cooperation, Kailis Family, Seafood
Qlik has announced that Danone Spain, a multi-national food products company, is using Qlik Sense and QlikView to improve return on investments (ROI) and the quality of its automated sales order processing. By utilizing both Qlik Sense ...
Tags: Qlik, Danone Spain, ROI, Automated sales order processing
Healthcare Plastics Recycling Council (HPRC), in collaboration with SPI: The Plastics Industry Trade Association (SPI), have launched a multi-hospital plastics recycling project in Chicago. Focused on non-infectious plastic packaging and ...
C&S Wholesale Grocers has announced that its wholly-owned subsidiary Hawaiian Housewares Ltd. has signed an asset purchase agreement to acquire the operations of Edsung Foodservice Company, located in Honolulu, Hawaii. The sale is ...
Tags: C&S Wholesale Grocers, Edsung Foodservice Company, Acquisition
Iconix Brand Group Inc. reported a loss of $263 million, or $5.44 a share, after charges of $402.4 million to writeoff the company's trademarks and goodwill. Over 90 percent of the impairment is related to the company's men's business ...
For the first time in Dubai and the Middle East, Instacar has launched its innovative technology driven services in the transport sector. The brainchild of UAE's new generation entrepreneur Mohammad Sharaf, launch of such a service comes ...
Simple Mills is extending its reach beyond the baking aisle with a new line of almond flour crackers. Each variety - including Fine Ground Sea Salt, Rosemary & Sea Salt, Sundried Tomato & Basil, and Farmhouse Cheddar - is Non-GMO Project ...
Tags: Simple Mills, Almond flour cracker
Australian agrifood company TasFoods is planning to acquire North West Tasmanian chicken producer Nichols Poultry for A$12.55m ($8.98m). Under the acquisition terms, TasFoods would purchase Nichols' poultry processing facility, 91 ...
Bosch Packaging Technology is reportedly planning to transfer tablet presses and coaters production from its Knowsley factory in the UK to Germany over competitive concerns. The move could result in the reduction of nearly 100 jobs at ...
Royal Adhesives & Sealants has acquired the stock of Adhesive Systems. Based in Frankfort, IL, ASI develops, manufactures, and markets cyanoacrylate, methyl methacrylate, epoxy and anaerobic adhesives and sells to the assembly adhesives ...
Tags: Adhesive Systems, Adhesives, Sealants
Avery Dennison Corporation announced preliminary, unaudited results for its fourth quarter and year ended January 2, 2016. All non-GAAP financial measures referenced in this document are reconciled to GAAP in the attached tables. Unless ...
Tags: Avery Dennison, PSM sales
Two of China's largest home appliances manufacturers are predicting huge losses for 2015. Sichuan Changhong Electric Co Ltd has forecast it will slip 1.97 billion yuan ($300.3 million) into the red, a staggering 3,455 percent fall ...
Tags: home appliances, TV
On the 30th December 2015, GRENERGY formalized the sale of its two last solar photovoltaic plants in Spain, both producing under decree 9/2013 of July 12 which establishes the new remuneration system for renewable energy replacing decrees ...
Tags: PV Projects, Sloar Cell
Taiwan-based makers in the iPhone supply chain must have been aware that sales of iPhone 6s and 6s Plus have gradually lost their momentum, meaning Apple's orders for iPhones and related parts and components are going to decline in the ...
Tags: iPhone, iPod, Apple Watch