John Lewis continued to outperform the market in year ended 31st January 2015 with gross sales up 9.2% to £4.43b (7.5% on a 52 week basis), beating the BRC by 4.9%, combined with growth in operating profit, up 10.8% to £250.5m ...
Bolstered by a £28.5m investment, Alpro, a European pioneer of soya-based drinks and food products, launched the first phase of its Burton Latimer production facility’s new extension, creating 35 new jobs while doubling ...
Tags: food products, soya-based drinks
Chicago based Levy Acquisition has agreed to buy Mexican-American fast-food chain Del Taco, in a $500m deal. The blank-check acquisition firm Levy Acquisition, which is controlled by restaurateur Larry Levy, will now change its name to ...
Tags: Levy Acquisition, fast-food
American chocolate manufacturer Mars’ Indian unit is planning to invest INR1,005 crore ($160m) to establish its first manufacturing plant in Pune, India. Mars International India has now signed a MoU with the government of ...
England based Wrights Food has decided to invest £6m in its new confectionery factory in Weston Road, enhancing company’s production capacity in the country. The new 40,000 sq ft facility is now fully operational and ...
China's $40 billion Silk Road Fund will be operated under a market-oriented approach and the projects it plans to invest in will not be limited to countries along the "One Belt, One Road" route, the fund's chairperson said on Thursday. ...
Sharp decline in orders led to sales at advanced weaving technology manufacturer Picanol Group plunging 25 per cent in 2014 as against in 2013. In a press release, Picanol said it realised a consolidated turnover of €418.2 million in ...
Dutch brewing company Heineken is planning to build a new brewery in northern Mexico, which will see an investment of around $470m. The proposed plant will be capable of producing nearly 5 million hectoliters of beer annually. The ...
Alcoholic and non-alcoholic beverages producer Thai Beverage (ThaiBev) has expanded its business with the establishment of a new venture in East Timor. The expansion forms a part of ThaiBev's strategy to invest around THB5bn ($153.2m) ...
Tags: Thai Beverage, Alcoholic beverages
Global Packaging will expand its facility in the city of Hamlet in Richmond County, investing close to $9.8m that will lead to creation of 33 jobs over the next three years. Based in Oaks, Pennsylvania, Global Packaging specialises in ...
US-based packaging company Sonoco will acquire a majority interest in Brazilian flexible packaging business Graffo Paranaense de Embalagens for an undisclosed amount. Located in Pinhais, Curitiba, Graffo specialises in producing flexible ...
North Yorkshire based pork supplier Karro Food Group is set to invest £10m into processing and production as part of its UK investment programme. Under this programme, Karro will invest £6.5m into new chilling and processing ...
Tags: Karro Food, Food Processing, Food Production
Volkswagen has announced its plans to invest $1bn to expand and modernize its Puebla plant in Mexico. The German automaker is planning to manufacture Tiguan compact crossover SUV in the Mexican plant, which currently produces Golf on ...
Tags: Volkswagen, Puebla Plant
German automaker Mercedes-Benz has announced a plan to invest $500m to build a new plant to manufacture vans in Charleston, South Carolina. The Charleston plant will produce the next-generation Sprinter for the North American market. ...
Tags: Mercedes-Benz, van markets
The entertainment industry in China has seen explosive growth in recent years (an expected CAGR of 17 percent between 2010-2015), growing at a much faster pace than the overall economy. As more and more people in China enter the middle ...