Magna International has agreed to acquire Telemotive, an engineering service provider for automotive electronics. Subject to regulatory approval, the transaction is expected to close in the second quarter of 2016. Once complete, ...
Tags: Magna, Telemotive
Red Gold, whose mission is to produce the world’s freshest, best tasting tomato products, has maintained a steadfast commitment to the values first set by its founders 74 years ago to do the right thing – by its employees, ...
Tags: Clean Label Movement, Red Gold
Brazilian poultry exporter BRF has entered into an agreement to acquire the remaining stake in Oman-based frozen food distributor Al Khan Foodstuff (AKF). Currently, BRF owns 40% stake in AKF and the total acquisition is is estimated ...
Tags: Frozen Food, frozen food products
'We will continue to improve our programme to strive to win our fourth award next year, which will place us as an IPA CPD Platinum agency,' says Generation Media's Lisa Morgan Generation Media has revealed its latest accolade, securing ...
Tags: Generation Media, IPA Gold Standard, Award
US-based flexible and rigid packaging solutions provider Bemis has agreed to acquire medical device packaging operations and related value-added services from SteriPack Group for an undisclosed sum. As part of the transaction, Bemis will ...
Tags: Bemis, Acquisition, Medical device packaging, SterPack Group
White Wolf Capital LLC acquired Stag Arms LLC. Details of the transaction were not disclosed. Managing Director of White Wolf, Elie Azar, said, "We are very excited to add Stag to our portfolio of outstanding companies in the firearms ...
Tags: White Wolf, Stag Arms, Acquisition
Fitbit, Inc., will host its first annual Captivate Summit on June 7-9, 2016 in San Francisco, CA. The 2016 Captivate Summit will explore key topics around corporate wellness program design, employee engagement and ROI, as well as ...
Tags: Fitbit, Capitvate Summit
Spice manufacturer McCormick & Company has acquired Australia-based packaged herbs manufacturer Botanical Food Company in an all-cash deal worth $114m. The acquisition will expand McCormick's existing branded herb portfolio with the ...
Nordstrom, Inc. (NYSE: JWN) plans to eliminate approximately 350 to 400 positions by the end of the second quarter to reduce costs by approximately $60 million in fiscal 2016. In an announcement Monday, the Seattle company said the cuts ...
Tags: Nordstrom
With the Food Standards Agency (FSA) reporting a 78% increase in the number of food and beverage product recalls, Sidel has highlighted the importance of training to achieve effective food and beverage safety. Investing in the skills of ...
Tags: FSA, Food Product Safety, Sidel
Siemens and Valeo have signed an agreement to establish a joint venture (JV) to develop powertrains for electric cars. The JV will have headquarters in Erlangen, Germany, and facilities in France, Norway, Poland, Hungary and China. ...
Tags: Siemens, Valeo, JV, Joint venture, Powertrains, Electric cars
Coles and Woolies are locked in a battle for share of the customers wallets and throats that becomes more complicated every day. The competitive landscape has changed. The old model of them against each other and independent wholesaler ...
Tags: Coles, Woolies, Retail Gorillas
Sonoco has developed composite cans to package "Fit for Fun" biscuits by Hans Freitag. Superfood meets snack: Hans Freitag cookie and waffle bakery, located in Verde, Germany, relies on carefully selected ingredients for its latest ...
Tags: Hans Freitag's Biscuits, Sonoco
Faraday Future, a start-up in the field of electric vehicles and a rival to Tesla Motors has broken ground on its $1bn manufacturing plant near in North Las Vegas, Nevada, US. The electric carmaker said the investment will not only go ...
Tags: Electric Car, Tesla Motors
Semiconductor process equipment maker SAMCO Inc of Kyoto, Japan is employing about 20 more people at its locations in North America, China, Taiwan and Singapore, as well as its subsidiary Samco-UCP in Liechtenstein, in order to better ...
Tags: Samco