Egpyt-based bakery group Edita Food Industries has signed an agreement with Khalifa A.Algosaibi Cold Stores (KACS) for distribution of its products in Saudi Arabia. As per the agreement, KACS will distribute the Edita’s ...
Tags: Edita Food Industries, KACS, agreement
Global agriculture company Syngenta has completed expansion of its key projects in Brazil and Switzerland to increase its production capacity. It had invested a total of $240m in two Brazilian plants. One of them is the new Elatus ...
South Africa-based Rhodes Food Group has announced plans to acquire domestic food producer Pakco for R200m ($14.5m), as part of its expansion strategy. Pakco owns popular brands, including the iconic Bisto brand, Hinds, Buffalo, Southern ...
Tags: Rhodes Food Group, Pakco, acquisition
US Foods has entered into an agreement to acquire specialty foods distributor Jeraci Foods to expand its reach in the Italian independent restaurant and pizzeria sectors. However, the terms of the transaction were not disclosed. Based ...
Tags: US Foods, Jeraci Foods, acquisition
Lotus Bakeries has announced that it will invest in setting up a new manufacturing facility in the US, to expand its biscuit production capacity. Besides, the company will build a new production hall in Belgium to meet the growing demand ...
Copper indium gallium diselenide (CIGS) thin-film solar module developer Siva Power of San Clara, CA, USA has hired solar executive Bruce Sohn as vice-chairman of its board. Sohn was previously the key executive in the growth of cadmium ...
Tags: Siva Power, Bruce Sohn, vice-chairman
Tequila giant Jose Cuervo has filed for an initial public offering (IPO) on the Mexico stock exchange, with plans to raise about $1bn. The company revealed that the stock sale will be handled on its behalf by the local units of Morgan ...
Tags: Jose Cuervo, IPO, Mexico stock exchange
Syngenta faces a major legal trouble as a US federal judge in Kansas ruled that the claims of hundreds of thousands of corn farmers can go ahead as a class action. The allegations against the Swiss based global agrochemical company are ...
Tags: Syngenta, legal trouble, corn farmers
The value of the infrared (IR) LED market worldwide continues to grow due to rising demand in various applications markets, according to the 2016~2021 Global LED Industry Demand and Supply Database Report by LEDinside, a division of ...
Tags: IR LED, LED Market
If you'd rather have something from Apple in your ears than on your wrist, you're not alone. It seems more iPhone owners want to go wireless with their earphones than buy a Watch. A US survey from Bank of America Merrill Lynch Global ...
The new center will focus on "developing advanced technologies, including computer hardware and communications, audio and video equipment." Apple's not just going to assemble its hardware in China. Now it's also going to develop some of ...
Nagel Cesko, the Czech subsidiary of the Versmold-based Nagel-Group, has opened a new new food logistics centre in Ricany-Jazlovice to expand its warehousing capabilities. The company said that the logistics facility is strategically ...
Tags: Nagel Cesko, food logistics centre
Samsung Electronics, the world leader in advanced memory technology, today announced that it is now the world’s number one supplier of enterprise solid state drives used in corporate data centers, as reported by a number of analyst ...
Naturally Splendid Enterprises announced that it has signed a letter of intent with Eat Real Snack Food Canada (ERSF) to enter into a definitive agreement whereby Naturally Splendid will acquire certain packaging equipment owned by ERSF. ...
For first-half 2016, Riber S.A. of Bezons, France, which manufactures molecular beam epitaxy (MBE) systems as well as evaporation sources and effusion cells, has confirmed revenue of €6.9m, up 21% on first-half 2015's €5.7m. ...