Universal Robina, a subsidiary of Philippines' JG Summit Holdings, is set to acquire New Zealand-based Griffin's Foods from Australian Pacific Equity Partners (PEP) for about NZ$700m ($609m). Universal already has presence in Thailand, ...
Tags: Universal Robina, Griffin's Foods, Food
BBX Sweet Holdings, a wholly-owned subsidiary of BBX Capital Corporation (NYSE: BBX), announced that it has acquired the assets of Helen Grace Chocolates. Headquartered in Lynwood, California, Helen Grace Chocolates has been creating ...
Tags: BBX, Helen Grace Chocolates, Food
Private equity firm Arbor Investments has completed the sale of its Fund I portfolio company Truco Enterprises, a producer of tortilla chips, salsa and queso, to Insignia Capital Group for an undisclosed amount. Truco, which was founded ...
Tags: Arbor, Truco Enterprises, Food
PhotonStar LED Group has conditionally raised £2.2 million through the sale of shares. 31,400,000 new ordinary shares of 1p each have been placed – a method of selling new shares in the primary market – at a price of 7p ...
LatticePower Corp of Nanchang, China, which claims to be the first company to commercialize GaN-on-silicon LED lighting, has announced an $80m initial round of Series D equity financing led by Asia Pacific Resources Development Investment ...
Tags: GaN-on-silicon, LED lighting
Canadian outdoor retailer Mountain Equipment Co-op (MEC) said its first Fair Trade Certified T-shirts will be available late this summer online and in its 17 brick-and-mortar stores. The T-shirts, which will include MEC's popular line of ...
Tags: Sporting Goods, Recreation
PPG Industries has announced that it has reached a definitive agreement to acquire Consorcio Comex, S.A. de C.V. ("Comex"), an architectural and industrial coatings company with headquarters in Mexico City, Mexico. The transaction is valued ...
Tags: Construction, Decoration, Coating
Lululemon Athletica Inc. reported a drop in profit for the fiscal first quarter amid a tax charge tied to a share-repurchase plan and lowered its outlook for the year. Comparable-store sales for the first quarter decreased 4 percent on a ...
Tags: Sporting Goods, Recreation
The New Delhi-based Garment Exporters Association (GEA) has sought five percent increase in duty drawback rate and capping of interest rate at seven percent, in its recommendations sent to the Ministry of Textiles, Government of India. ...
Tags: Textiles, Garment Exporters
Source: Elliot Brown Sheffield-based lighting and electrical products distributor Red Arrow Trading has secured £4.5 million in finance from HSBC's South Yorkshire commercial team. Red Arrow will use the money to increase the ...
The earnings from sales of cotton are likely to increase in the current season to E16 million owing to significant increase in production, according to Minister of Agriculture Moses Vilakati. The production of cotton in Swaziland has ...
Tags: Cotton Sales, cotton production
China is the world's second largest carbon trading market following the European Union (EU), according to data released on Tuesday. Xie Zhenhua, deputy head of the National Development and Reform Commission, said Chinese enterprises ...
Tags: Carbon, Carbon Trading
Product uses AI to allow a car to recognise its position on a track. Development company Wow! Labs, a spin out from Wow! Stuff, has launched the Kickstarter campaign for Real FX Racing. The product uses AI to allow a car to recognise ...
Tags: Toys
In a statement released at the conclusion of its mission to Guinea, the International Monetary Fund (IMF) has said that the Simandou iron ore project of Australia-based miner Rio Tinto will contribute to a gradual pick-up in Guinea's mining ...
Tags: Mining Industry, miner
The first half of 2014 is drawing to a close but the wait continues for a strong economic upturn that would globally spark sustainable sales growth in the high-tech industry. So far, what many industry observers and economists can point ...
Tags: Electrical, Electronics, High-Tech Industry