Weston Foods, a subsidiary of Canadian food processing firm George Weston Limited, has acquired cakes producer Starr Culinary Delights. The acquisition forms a part of Weston Foods' commitment to grow and offer quality bakery products ...
Tags: Weston Foods, food processing, Cakes
Net sales for the fourth quarter of 2014 ended January 3, 2015 at US based and NYSE listed apparel marketer, Kate Spade & Company zoomed 44.7 per cent year on year. Net sales for the fourth quarter of 2014 totaled to $399 million, up a ...
SunOpta has signed a definitive agreement to acquire Citrusource, a move that will expand the company's healthy beverages range. The acquisition is in line with the company's core integrated two-touch strategy and leverages the vertically ...
Tags: SunOpta, Organic Juice
Australia based Warrnambool Cheese and Butter Factory (WCB) has agreed to acquire the everyday cheese business (EDC Business) of Lion-Dairy & Drinks (LDD), in a A$137.5m ($107.3m) deal. With this transaction, WCB will boost its ...
Tags: Cheese, Butter, Lion Dairy
On back of improved comparable store sales, US based retailer and NYSE listed, Kohl’s Corporation posted better than expected results in the fourth fiscal quarter ended January 31, 2015. In the fourth quarter of fiscal 2015, driven ...
Kishore Biyani led Future Lifestyle Fashions Limited said it has hiked its stake in ethnic products firm Industree Crafts Pvt Ltd from 63.34 per cent to 72.16 per cent. Future Lifestyle Fashions Limited (FLF), the apparel and accessories ...
Tags: ethnic products, Apparel
Online payment giant PayPal has confirmed that it is to purchase Paydiant, a company that provides mobile wallet technology for a number of major apps. Most notably among those supported apps are those from MCX, which is the consortium of ...
Tags: PayPal, Apple Pay, Online payment
Axiom has entered into a strategic alliance with Canada-based developer and marketer of innovative and environmentally friendly packaging solutions PaperNuts. The transaction will make PaperNuts a wholly-owned subsidiary of Axiom. Once ...
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
The European Commission has started an in-depth investigation into Cargill's planned acquisition of Archer Daniels Midland's (ADM) chocolate business, as the $440m deal could lead to higher prices of chocolates. During a preliminary ...
Belgium-based packaging company VPK Packaging group has made its first acquisition in Ireland with an agreement to acquire 100% shares of corrugated board box manufacturer ICS Europaks for an undisclosed amount. Based in Galvone ...
Australian salmon producer Tassal is contemplating the acquisition of private seafood business De Costi. This is in line with Tassal's strategy of increasing its product range from salmon to other seafood. The company, which has ...
Tags: Tassal, Frozen Seafood
Volkswagen’s luxury automotive unit, Audi has acquired automotive-related fuel cell intellectual property worth $80m from Ballard Power Systems. Apart from buying the patents, Volkswagen and Ballard have also extended their ...
France-based rice producer Marbour has agreed to acquire 100% stake in Canadian establishment MRRM. Both the companies have entered into a definitive agreement to this effect. MRRM mills, bags, packages, cans, processes, and sells ...
Tags: rice, Marbour, MRRM mills
Bosch Packaging Technology is planning to reinforce its presence in the liquid food industry with the acquisition of Osgood Industries. Oldsmar, Florida-headquartered Osgood Industries produces fill- and seal equipment, including ...
Tags: Bosch Packaging, Packaging