South African competition commission has given conditional approval of Anheuser-Busch InBev’s $100bn acquisition of SABMiller. The Commission has given to the recommendations to the Competition Tribunal following an investigation ...
Australian food manufacturing firm Patties Foods has accepted a $232m acquisition bid made by a private equity firm. Earlier this week, the company said it was approached by Pacific Equity Partners (PEP) with a takeover offer of $1.65 per ...
Plessey of Plymouth, UK has entered into a distribution agreement for the UK and Ireland with Newbury-based Freeway Lighting, an electronics distributor and provider of advanced lighting solutions. "We specialize in the distribution of ...
Tags: Plessey, Freeway Lighting
Philippines-based beverage maker Asia Brewery has entered into an agreement with Dutch beer producer Heineken International to brew Heineken brands in Philippines. The financial terms of the deal have not been disclosed. The partnership ...
Tags: beverage, Asia Brewery, Heineken
German automaker Volkswagen has invested $300m in Israeli ride hailing provider, Gett, which competes with Uber, Lyft, and Didi Chuxing. Volkswagen's investment comes months after General Motors injected $500m into privately held American ...
Tags: Volkswagen, automaker
Cargill's protein business headquarters will remain in Wichita and relocate from 151 North Main Street to a new office building which will be built at a yet-to-be-determined site within the city limits. The company's decision was made ...
Tags: Cargill Protein
The European Commission is likely to approve the proposed merger of AB InBev and SABMiller, following the companies' efforts to address the regulator's competition concerns. AB InBev had planned sale of several brands such as Peroni, ...
Tags: European Commission, beer, brewer
Flint Group has acquired Arkansas based American Inks and Coatings (AIC) for undisclosed amount. American Inks and Coatings is engaged in providing inks and related products for the rotogravure, flexographic packaging, and specialty ...
Tags: Flint Group, Coatings
US-based diversified holding company HC2 Holdings has made an offer to buy agricultural company Andersons for $1bn in cash. The offer, which was made through a letter, valued Andersons' shares at $37 per share, a 43% premium on closing ...
Tags: HC2 Holdings, ethanol, rail sectors
US Foods has entered into an agreement to acquire fresh fruit and vegetable processing company Freshway Foods for an undisclosed sum. Freshway Foods also repacks and distributes fresh fruits and vegetables to customers throughout the ...
Tags: Fresh Fruit, Vegetable
Specialty label and packaging solutions provider CCL Industries has agreed to acquire privately held companies Eukerdruck and Pharma Druck CDM (Euker) for approximately $31m including its debt. The two companies have common shareholders ...
Tags: CCL Industries, packaging
UK-based snacks manufacturer Tyrrells Potato Crisps has acquired German organic food manufacturer Aroma Snacks for an undisclosed sum. The deal marks Tyrrells' second acquisition in nine months after the purchase of Yarra Valley Snack ...
Tags: Aroma Snacks, Potato Crisps
The Volkswagen Group is exploiting possibilities of digitalization as the company believes that IT will play an important role in its future operations. At the Group IT symposium held in Wolfsburg, Germany, members of the Volkswagen Group ...
Tags: Volkswagen Group, robots
China will continue to offer potential for high growth to coffee beverage players, experts said. For, new consumers are being continually attracted to support the ready-to-drink or RTD coffee and coffee pod machines, they said. Hope ...
Tags: coffee beverage, coffee pod
Nissan Motor is reportedly in talks with to acquire a one-third stake in Mitsubishi Motors for about JPY200bn ($1.8bn). The talks are in preliminary stages and have not been finalised. The companies are discussing several matters ...
Tags: Mitsubishi Motors, Nissan Motor