Cargill Poland has divested its Polish pig and cattle entity Agro Provimi to meat processor PKM Duda for PLN28.1m (€6.7m). PKM Duda funded about 10% of the acquisition deal through its own resources, while the rest was managed ...
Tags: pig and cattle, processor PKM, Agro Provimi
Hindustan Unilever Limited (HUL) has entered into an agreement for the sale and transfer of its bread and bakery unit, which functions under the name of Modern to Nimman Foods for an undisclosed amount. Nimman Foods is an investee company ...
Fiat Chrysler Automobiles (FCA) CEO Sergio Marchionne is pursuing a tie-up between FCA and its US based rival General Motors, giving it ‘high priority’. The move is aimed at reducing the number of players in the industry and ...
Norway based Kongsberg Automotive has signed a €50m strategic supplier agreement for its seat comfort solutions with an unnamed North American vehicle manufacturer. Under the six year contract, Kongsberg will supply a range of ...
Tags: pneumatic seat, comfort products
Bunge Brasil, a subsidiary of global agribusiness and food company Bunge, has reportedly agreed to acquire Moinho Pacifico, a wheat processor in Brazil. With this acquisition, Bunge would increase its share in wheat flour and other ...
Tags: Wheat Processor, soybean, corn
As the build of Bloodhound SSC gains momentum and a planned UK test in Newquay is just months away, engineers are increasingly looking at the detail design challenges to help them push the car to 1,000mph and above. These include the issues ...
Thai Union Frozen Products (TUF) is considering divesting its stake in American tuna brand Chicken of the Sea, a move that could clear the way for its planned $1.5bn acquisition of Bumble Bee Foods. TUF CEO Thiraphong Chansiri was quoted ...
Tags: Frozen Products, Chicken
The Toy Store’s owner has sent a letter of intent to Hamleys-owner Ludendo, highlighting its interest in acquiring the iconic Hamleys names. Hamleys has reportedly received a bid of interest from Gulf Greetings, the Middle Eastern ...
Tags: toys, toy manufacture
Japan's integrated beverages company Kirin is reportedly planning to acquire 55% stake in Myanmar Brewery from Singapore-based beverage producer Fraser and Neave (F&N) for $560m. Reuters cited sources familiar with the matter as saying ...
Tags: beverage, beverage manufacture, Kirin, company acquisition
Made in gold and silver with five different gemstone options, the Ungaro ring will be available starting in November through Richline and priced between $500 and $2,000. Mountain View, Calif.--In a move that will enhance its fashion tech ...
Tags: arts, crafts, gold gemstone, silver gemstone
Two American entities - Liberty Interactive Corporation and zulily, inc. have announced that they have entered into a definitive agreement under which Liberty Interactive will acquire all outstanding shares of zulily for $18.75 per share. ...
Tags: apparel, Liberty Interactive Corporation, company acquisition
Athletic footwear and apparel maker Adidas has announced an unprecedented partnership with basketball superstar James Harden of the Houston Rockets. One of the NBA's most prolific scorers and recognizable players begins the long-term deal ...
Tags: Athletic footwear, Adidas
The short-term outlook for biomaterials in coatings and related sectors in Europe has been looking grim in the wake of the fall in the oil price. However companies along the biomaterials value chain in the region are not overtly concerned. ...
Tags: biomaterials, coatings
The passage of the Trans-Pacific Partnership (TPP) trade deal would benefit US apparel companies by eliminating textile tariffs between 12 participating countries, says Moody's Investors Service. According to a research paper, the ...
Tags: apparel, footwear, textile tariffs
The international market is proving such a successful revenue for the firm, that it is projected to account for a third of Kids@Play’s turnover by next year. Kids@Play is celebrating a 35 per cent year-on-year growth with further ...
Tags: toy, toy development