French automaker Groupe PSA has selected Punch Powertrain to deliver new generation of patented e-DCT systems by 2022, as part of its electrification push. Groupe PSA has been actively accelerating its shift to electrified vehicles ...
French automaker Groupe PSA has signed a joint venture (JV) agreement with three Algerian partners to build cars in the North African country. The Algerian partners include Condor Electronics, Palpa Pro and Entreprise Nationale de ...
Tags: Algerian Market, PSA, Cars
UK-based PCI Pharma Services has acquired pharmaceutical and healthcare contract packaging services provider Millmount Healthcare. Financial terms of the acquisition have not been disclosed. For more than 20 years, Millmount has been ...
Tags: PCI Pharma Services, packaging
Alph Group accelerates its European growth with the recruitment of Media, TV and Licensing expert. Alpha Group has announced the new appointment of Antoine Erligmann as VP of media, TV and licensing, continuing its international expansion ...
Tags: Alpha Group, TV
Ardian has divested its stake in Germany-based food company frostkrone for an undisclosed sum to Emeram Capital Partners. frostkrone, which was established in 1997, manufactures frozen finger food and snack products in Europe. The ...
Tags: Ardian, snack products
The firm has reshuffled its top execs as it welcomes Jonathan Baker to the role of vice president of consumer products. NBC Universal Brand Development has named Jonathan Baker as its new vice president, EMEA NBC Universla consumer ...
Tags: NBC Universal, Hannah Mungo, eOne
The firm is continuing its plans for international growth with new product and business development across new markets. Educational construction toy firm, Engino Toy Systems has appointed a new vice president of international in the form ...
Tags: Engino, Robert Mann, VP
Smoothie King is proud to announce its expansion into the Middle East, with the opening of its first location in Dubai on September 1, 2016. Through its partnership with Al Ghurair Retail, Smoothie King is providing guests at the BurJuman ...
Tags: Smoothie King, expansion, first store
Interior design brand Moooi has opened new showroom and brand store in London’s Fitzrovia, at 23 Great Titchfield Street. The store occupies the ground floor space of the Moray House building, and celebrates Moooi’s signature ...
Tags: Moooi, Interior design
Food packaging and processing company Tetra Pak has acquired the Dutch cheese moulds manufacturer Laude for undisclosed amount. Established in 1962, Laude is engaged in designing, development, and manufacturing of plastic moulds used ...
Tags: Tetra Pak, Acquisition, Dutch cheese moulds, Laude
Mercedes-Benz introduces its V-Class multi-purpose vehicle (MPV) in China, which has been tailored to the needs of Chinese customers. Production at Daimler's local joint venture Fujian Benz Automotive Co. Ltd (FBAC) in Fuzhou has already ...
Tags: Mercedes-Benz, V-Class Vans, MVP
Murray Goulburn says it is feeling the impact of a troubled dairy industry, revealing a slump in net profit to shareholders. The dairy company, which owns the Devondale brand, announced a net profit of only AUD$10 million for the six ...
Tags: low milk prices, Murray Goulburn
Peloton, the technology-enabled, vertically integrated, at-home fitness provider of live and on-demand instructor-led classes, has received a $75 million growth capital investment from Catterton, the leading consumer-focused private equity ...
Tags: Peloton, at-home fitness market, Showrooms
Glasgow-based Houseology.com has announced it is seeking £1m investment via crowdfunding platform Seedrs.com, offering the public an opportunity to share in the success of its online interior design and luxury homeware business, whose ...
Tags: interior design, luxury homeware
US-based packaged foods company ConAgra Foods plans to split the company into two independent public companies – with one handling the consumer portfolio of various brands and the other managing its foodservice portfolio of frozen ...
Tags: ConAgra, potato, appetizer vegetable