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How to Survive as The Diamond Trade Shrinks

Apr 30, 2019

The diamond trade remains under pressure, and further contraction of the market is expected this year. Apart from being squeezed by high rough costs and declining polished prices, dealers lament there are too many players chasing the same ...

Tags: Diamond Trade, Diamond

Volvo Cars Sets New Goal for Autonomous Driving Cars

Jun 11, 2018

Swedish automaker Volvo Cars expects to generate half of all sales annually from fully electric cars by 2025, with one third of all cars sold to be autonomous driving cars. The company said that half of its driverless cars will be ...

Tags: Volvo Cars, Autonomous Driving Cars

Global Brands' Sales and Profits Increase in 2017

Mar 26, 2018

UK-based drinks manufacturer and distributor Global Brands has reported a 16% increase in its annual sales for the year ending 30 September 2017. The company's turnover was £42m for the financial year. Gross profit went up to ...

Tags: drinks, alcoholic drink

Jaguar Land Rover to Use Blackberry Software in Next-Generation Vehicles

Mar 26, 2018

UK carmaker Jaguar Land Rover will use BlackBerry's QNX and Certicom technology in its next-generation vehicles. The companies have signed a multi-year agreement to collaborate and develop technology for Jaguar Land's vehicles. As part ...

Tags: Blackberry, Jaguar Land Rover

UK's RPC Group to Buy Industrial and Consumer Packaging Firm Nordfolien

Mar 19, 2018

RPC Group, a UK-based plastic packaging solutions provider, has agreed to acquire industrial and consumer packaging firm, Nordfolien, for €75m. Nordfolien is engaged in the design and manufacturing of polythene films for industrial ...

Tags: plastic packaging

Magna International Realigns Management Structure Along Product Lines

Dec 21, 2017

Canadian global automotive supplier Magna International has announced new management structure and financial reporting segments. The shift better aligns our global operations with our long-term strategy tied to the future of mobility. ...

Tags: automotive, roof systems, sealing systems

Ardian to Acquire Spanish Bakery Firms Berlys and Bellsola

Nov 15, 2017

France-based private equity firm Ardian has agreed to acquire Spanish bakery companies Berlys and Bellsolà with an intention to combine the two businesses. The financial terms of the deal were not disclosed by the parties. Berlys ...

Tags: Ardian, bakery

Wesly Printing & Packaging Invests in New Manroland Press

Nov 7, 2017

Netherlands-based Wesly Printing & Packaging has invested in new Manroland Sheetfed press. The packaging firm introduced a new press last year, a ROLAND 706 EVOLUTION DirectDrive with six printing units, a coating unit and extended ...

Tags: Printing, Packaging

Ricoh to Introduce New Material for High Speed 3D Printer

Nov 1, 2017

Ricoh will launch a new material for its SLS RICOH AM S5500P 3D printer at formnext. The company is claimed to be first to develop polybutylene terephthalate (PBT) for SLS machine. PBT has high strength property and is a heat resistant ...

Tags: Ricoh, 3D Printer

UK and EU Wine and Spirit Trade Bodies Unite on Brexit

Oct 24, 2017

The UK's Wine and Spirit Trade Association (WSTA) has joined forces with trade bodies from across Europe to agree a ground breaking Brexit position paper. While politicians refuse to discuss the future trade relationship between the UK ...

Tags: Spirit, Brexit

UK Toy Suppliers Cut off Toys R US Amid Retailer's Financial Concerns

Oct 17, 2017

Toy suppliers have stopped deliveries to the UK arm of Toys R Us over fears the financial struggles of its American company could leave them out of pocket. Despite the retailer insisting last month that it was ‘business as ...

Tags: Toys R Us, Toy

ProAmpac Acquires Clondalkin Flexible Packaging Orlando

Aug 23, 2017

Flexible packaging firm ProAmpac, part of the Pritzker Group Private Capital portfolio of companies, has completed the acquisition of Clondalkin Flexible Packaging Orlando from Holland’s Clondalkin Group. The companies did not ...

Tags: Flexible Packaging, Packaging

UK Competition Watchdog Approves Heineken's Takeover of Punch Taverns

Aug 23, 2017

The UK's Competition and Markets Authority (CMA) has given its approval for the takeover of Punch Taverns by Dutch brewing giant Heineken. In June this year, the CMA raised the issue of affecting competition in 33 places in the UK, if ...

Tags: Heineken, brewing

Conner Industries Secures $10m in Growth Capital

Aug 4, 2017

Conner Industries, a provider of integrated packaging solutions, has received from existing investors additional growth capital which, when added to the investment made in April 2017, totals $10m. The capital infusion will be used for ...

Tags: Conner Industries, integrated packaging

Leycol Printers Joins Resilience Capital Portfolio Firm DG3

Aug 2, 2017

Diversified Global Graphics Group (DG3), a portfolio company of Resilience Capital Partners, has acquired London-based Leycol Printers Limited, a provider of high-end offset and lithographic printing service for the financial and commercial ...

Tags: lithographic printing, Printers

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