Fonterra Ventures has partnered with German active nutrition start-up foodspring via an investment in its parent firm, Goodminton. The new partnership will enable Fonterra to tap into the rapidly growing active nutrition consumer segment, ...
Tags: Fonterra, Start-up Foodspring
German private equity firm, Deutsche Beteiligungs (DBAG) is looking to have a major presence in the European chilled convenience product market after agreeing to acquire Abbelen and Oscar Mayer through its top-up fund, DBAG Fund VII. ...
Tags: ready meals, snacks
Austria-based Schur Flexibles Group has signed an agreement to acquire majority stake in the Dutch company Drukkerij Zwart for undisclosed amount. Drukkerij Zwart is engaged in developing and producing packaging products for the food ...
Tags: Packaging, Drukkerij Zwart
Barbecue lifestyle firm Angus & Oink has launched Guerrilla Brewing, introducing three small batch beers to its product repertoire. Currently, the company produces and sells hot sauces, rubs and a range of sausages. It has now joined ...
Leo W. Gerard, international president of the United Steelworkers (USW), has testified before the US Senate Banking, Housing and Urban Affairs Committee, reiterating his opposition to lifting the long-standing crude oil export ban, ...
Tags: crude oil, export ban
Recommendations by Harper Competition Review receive government fanfare but government promises ‘further consultation’ The Australian Government has released the Final Report of the Harper Competition Policy Review, which has ...
Tags: Government, CCA, Food
ACCC attacks government’s Competition Review recommendations, while other sectors respond The recommendations published this week in the Harper Competition Review Final Report have been largely welcomed by industry and regulators. ...
Tags: ACCC, Recommendations, Food
Toyota's Scion brand has rolled out 2,000 units of its limited edition 2015 Scion tC Release Series 9.0 to dealerships. The car will be available with combination of magma orange and sleek black color, and it is based on the concept ...
Finland-based consumer and specialty packaging manufacturer Huhtamaki has completed the sale of its film unit to DBAG Fund VI, a fund advised by Deutsche Beteiligungs for around €141m. With the sale of the unit, Huhtamaki will be ...
File photo courtesy of Qantas. Deutsche Bahn’s (DB) logistics subsidiary, Schenker AG, will seek damages estimated at USD 2.5 billion — approximately $370 million in the US and $2.19 billion in Germany including interest ...
Volvo is making a provision of €400m ($497m) to pay any possible fine to be imposed by the European Commission as a result of its ongoing investigation into the company’s violation of antitrust rules. The provision will ...
The US Department of Justice announced that Continental Automotive Electronics and Continental Automotive Korea have agreed agreed to plead guilty for bid rigging of vehicle equipment sold to vehicle makers in the country. The companies ...
Tags: bid rigging, plead guilty, Auto
Class action litigation has been launched with the Courts claiming $480-million in compensation for Canadian consumers regarding price-fixing of electronic capacitors by many of Canada’s largest electronics manufacturers. Merchant ...
Tags: Class Action Litigation, Capacitor Makers, Electronics
Law360, New York (July 21, 2014, 2:52 PM ET) — Panasonic Corp. along with units of Hitachi Ltd. and Samsung Electronics Co. Ltd. were slapped with an antitrust class action in California federal court Friday alleging they participated ...
Tags: Circuit Board, Electrical, Electronics
Law360, New York July 22, 2014, 7:26 PM ET — Panasonic Corp. and a slew of other companies were hit with yet another class action in California federal court on Tuesday accusing them of conspiring to fix prices on a key component of ...
Tags: Panasonic, Samsung, Electrical, Electronics