French dairy group Lactalis has got approval from Brazilian antitrust authority to purchase the dairy units of food processor BRF SA in a deal worth $594m. Lactalis will execute the deal through its Parmalat subsidiary in Brazil. ...
Tags: dairy group, Lactalis, Dairy
Brazilian food company BRF is set to establish a joint venture with UK-based Invicta Food Group to distribute processed foods in Britain, Ireland and Scandinavia. Reuters reported citing a securities filing that the company's ...
Tags: Processed Foods, BRF
Coach USA is preparing to trail GreenRoad system on its subsidiary Megabus.com’s fleet of 2,400 buses across the US, targeting a 3% reduction in fuel consumption. The plan to install the eco-driving system on buses in the US ...
Tags: Coach USA, GreenRoad system, US Bus Fleet
US based Evolution Fresh, a subsidiary of Starbucks Corporation, has announced a new suite of fruit and vegetable juices in 11 fl. oz. bottles. This new line includes five new cold-pressed juice blends and one current product Essential ...
Italian coffee company Massimo Zanetti Beverage Group (MZB Group) has bought the production and distribution network of CECA S.A., a subsidiary of the German Neumann Kaffee Gruppe. Expanding its footprint in the Costa Rican market, MZB ...
Tags: coffee, MZB Group, Neumann Kaffee Gruppe
Honda China’s wholly-owned subsidiary Honda Motor (China) Investment (HMCI), debuted the company’s flagship Concept D at the Auto Shanghai 2015. The company said that Concept D is the concept model of a new SUV, which is ...
Tags: Concept D, Honda Motor, Auto Shanghai 2015
Swiss-based Santex Group in order to improve its local sales organisation in India in the segment of technical textiles; has named Jude Britto as head of sales - technical textiles and emerging technologies. Britto has been associated ...
Tags: Technical Textile Sales, Santex India, technical textiles
Johnson Controls and Yanfeng Automotive Trim Systems have agreed to form a joint venture (JV) to supply automotive interiors. Named Yanfeng Automotive Interiors, the JV is said to become the largest automotive interiors company in the ...
Hampshire Group said it has signed an agreement to sell the stock of Rio Garment S.A. to a group led by the current Rio management, which includes David Gren, the president of Rio. Hampshire signed a deal to sell its stake for $6 ...
Tags: Hampshire Group, Rio Garment, Garment
Asahi Glass Co (AGC) will invest around $400 million to construct a power plant at its Indonesian subsidiary PT Asahimas Chemical (ASC). According to a AGC press release, the power plant will enhance the competitiveness of its ...
Tags: Asahi Glass, Power Plant
Philips originally planned to spin off its wholly-owned subsidiary Lumileds and automobile lighting business to make them an independent company by the end of the first half 2015. But on March 31, Philips announced a deal to sell a 80.1% ...
Tags: Philips, Lumileds, automobile lighting
Sika achieved "highly dynamic growth" in the first quarter of 2015, thereby making a strong start to the year despite the very high sales growth in the reference period (2014: 23.3%). At constant exchange rates, sales rose by 5.1% to CHF ...
Lubrizol Corporation's performance coatings business has expanded capacity and increased manufacturing efficiencies at its solvent acrylics production facility in Sant Cugat (Barcelona), Spain. Solvent acrylic resin technology for ...
Tags: Lubrizol, performance coatings
RPM International Inc. has reported record sales for its fiscal 2015 third quarter ended February 28, 2015, but incurred an as-reported loss for the quarter due to a one-time, non-cash net charge for a tax accrual related to the possible ...
Tags: RPM International, record sales
Solar-grade crystalline silicon wafer maker Sino-American Silicon Products (SAS) will have its subsidiary maker Sunrise Global Solar Energy expand annual production capacity for PERC (passivated emitter and rear cell) P-type monocrystalline ...