Thailand's meat producer Charoen Pokphand Foods (CP Foods) in 2015 is set to invest up to $763m to expand in foreign markets. i The company will spend THB20-25bn ($611-763m) this year, primarily on overseas expansion and ...
Tags: CP Foods, economy, businesses
South African food company Pioneer Foods is planning to buy more assets in African countries following the acquisition of major stake in Nigerian firm Food Concepts. The South African firm, which recently completed the $7m purchase of ...
Tags: beverages, investments, Food
Frutarom Industries has acquired Belgian flavours company Taiga International in a $ 2.9m deal. Taiga currently offers flavours for the food, beverages and tobacco industries, including the leading chocolate manufacturers. The company ...
Tags: tobacco, Frutarom Group, Food
Retail Acquisitions Ltd has acquired apparel retailer BHS Group Ltd, which has 171 stores across the UK, significant assets, long-standing and loyal suppliers and great international franchise partners. Philip Green, chairman of ...
Tags: Retail Acquisitions, BHS Group, apparel
The surge in Chinese outbound tourism is boosting domestic companies' overseas acquisitions in travel industry. As more high-spending Chinese visitors go abroad, they become a lucrative source of business for hotels, restaurants, retailers ...
Tags: Outbound Travel, outbound tourism
China's economic "new normal" can bring more opportunities for UK companies, British business leaders said on Wednesday. James Sassoon, chairman of the China-Britain Business Council, said China is undergoing a period of further ...
Tags: UK Companies, economic"new normal"
Smurfit Kappa will acquire non-integrated corrugated, folding cartons and flexible packaging manufacturer Grupo CYBSA to enhance its footprint in the growing Central American market. CYBSA operates five packaging plants in El Salvador ...
Marketer of everyday basic apparel, HanesBrands said it has executed its previously announced 4-for-1 stock split. “The New York Stock Exchange began reporting the split-adjusted number of shares outstanding and per-share stock ...
Tags: HanesBrands, basic apparel
After two tough years of stagnation, in 2014 the power semiconductor device market returned to growth, rising by 8.4% to $11.5bn, according to the report 'Status of the Power Electronics Industry (February 2015 edition)' from Yole ...
The global nanocoatings market revenue is expected to reach USD 8.17 billion by 2020, according to a new study by Grand View Research, Inc. Nanocoatings are being extensively used as a substitute to conventional polymer coatings in ...
Tags: Nanocoatings, Medical application
US-based blow molded packaging solutions provider Pretium Packaging has acquired Intertech, a manufacturer of custom and plastic bottles for an undisclosed amount. Intertech specializes in developing blow molded high-density ...
Tags: Plastic Bottles, Packaging
Italian coffee maker Luigi Lavazza has sole rights to consider the acquisition of Carte Noire coffee business from Mondelez International, as part of its contractual agreement with the latter. Lavazza was quoted by Reuters as saying: ...
Tags: Lavazza, Carte Noire Coffee
Automotive parts manufacturing company, Delphi Automotive has agreed to sell its wholly-owned thermal business to MAHLE for approximately $727m, as as part of its restructuring plan. The company said that the proceeds from the sale will ...
Tags: Delphi Automotive
India’s biscuit maker Britannia Industries is set to increase exports and eyes joint ventures, acquisitions as part of its strategy to enhance its manufacturing capacities in the Middle East. Britannia managing director Varun Berry ...
Lower-tier cities will be focal point for expansion this year The fast-moving consumer goods market recorded slower growth last year, although momentum picked up in fourth-tier cities. The FMCG sector expanded 5.4 percent last year, ...