The South Korean firm has also signed a two-year agreement for exclusive rights for sale, marketing and distribution of Mattel products. Mattel has embarked on its plans to expand in the Asian market following its majority stake ...
Canada-based organic cereal company Nature's Path has acquired 51% stake in US snack-maker Gorilly Goods for undisclosed sum. Based in Jackson, Wisconsin, Gorilly Goods offers a range of savory to sweet organic and non-GMO nuts, fruits, ...
Tags: Nature's Path, Gorilly Goods, acqusition
On September 22, China leading commercial vehicle company, Dongfeng launched and held promotion event in Vietnam. This time, Dongfeng introduced six new vehicle models covered mid and long-haul transportation and construction vehicles, and ...
Tags: Dongfeng, new vehicle models
US-based agribusiness company Archer Daniels Midland (ADM) and Wilmar International have received all required competition approvals to launch their joint venture Olenex. Following the approvals, the companies plan to launch the new ...
Tags: ADM, Wilmar International, Olenex
China National Offshore Oil Corporation (CNOOC) and Shell Nanhai B.V. (Shell) today announce the final investment decision to expand CNOOC and Shell Petrochemical Company’s (CSPC) existing 50:50 joint venture (JV) in Huizhou, ...
Tags: CNOOC, Shell, final investment decision, expasion
Brazil Route2 gas pipeline, in which Sinopec had a stake, has been put into operation recently. This pipeline is Brazil’s largest submerged gas pipeline, with a length of 401 kilometers and a transportation capacity of 13 million ...
B&B Italia has become the majority shareholder in Arclinea, a leader in high-end designer kitchens. The agreement foresees the development of a strategic partnership that leverages the full potential of the respective product ranges ...
Tags: B&B Italia, Arclinea, majority shares
French food supplier Solina Group has completed the acquisition of Rob Whitehad’s UK-based sauce maker New Ivory for an undisclosed price. The acquisition is part of Solina Group’s efforts to strengthen its presence and also ...
Tags: Solina, acquisition, New Ivory
Friedrichshafen/Hanover. ZF is further strengthening its position as a major technology supplier for the commercial vehicle industry by providing key technologies for autonomous driving. With these competencies, ZF products can enable ...
Tags: ZF, See–Think–Act
Packaging firm Essel Propack has acquired remaining 75.1% stake in its German joint venture Essel Deutschland (EDG) for $32m. As part of the agreement, Essel’s Mauritius subsidiary Lamitube Technologies (LTL) will increase its stake ...
Tags: Essel Propack, stake, EDG, LTL
Meat processor Atria has received approval from the Finnish Competition and Consumer Authority to acquire Kaivon Liha Kaunismaa. In June, Atria announced that it would purchase 70% stake in Kaivon Liha to expand its business in Finland. ...
Tags: Atria, Kaivon Liha, acquisition
Quest Water Global has signed a memorandum of understanding (MOU) to build and operate a commercial water bottling facility in Havana, Cuba. The water bottling facility, which will utilize atmospheric water as the source, will be operated ...
Meadow Foods has raised funds from Paine & Partners to grow its business through organic expansion and acquisitions. While the US-based Paine & Partners is a global food and agribusiness investment firm, Meadow Foods is a UK-based ...
Tags: Meadow Foods, Paine&Partners, funds, Expansion
Norwegian conglomerate Orkla has signed an agreement to acquire 70% stake in Broer Bakkerijgrondstoffen to expand its presence in the Netherlands. Broer is a manufacturer of almond paste, bakery ingredients and ice cream powder. Orkla ...
Food and engineering group Carr’s has sold its flour milling business to Whitworths Holdings for £36m. Carr’s said that the disposal of its food division will enable it to increase focus on its growing agriculture and ...