Plant-based frozen smoothie producer Bright Greens has raised a seed round led by Kellogg Company’s venture capital fund eighteen94 capital. Blu Venture Investors, an early stage investment group based in the Mid-Atlantic, also ...
Tags: Bright Greens, Smoothie
Philip succeeds Basil L. Anderson, who has retired from his position on the Hasbro Board of Directors. Hasbro's board of directors has experienced a reshuffle as Edward M. Philip appointed as lead independent director. He succeeds Basil ...
The new funding is of vital importance in translating the Initiative from blueprint to concrete projects and tangible benefits to the peoples of various countries, an anonymous source at the Ministry of Commerce said. President Xi ...
LED chip, lamp and lighting fixture maker Cree Inc of Durham, NC, USA and Xiamen-based San’an Optoelectronics Co Ltd (China's largest producer of full-color ultra-high-brightness LED epiwafers and chips) are forming a joint venture ...
Blackford Capital has made an undisclosed investment in Indiana-based Ellison Bakery, a manufacturer of cookie, snack bar, crunch and inclusion product, and other products for the industrial market, food service industry, and retail and ...
Tags: snack bar, food service
GaN Systems Inc of Ottawa, Ontario, Canada – a fabless developer of gallium nitride (GaN)-based power switching semiconductors for power conversion and control applications – says that its funding partners have been recognized ...
Tags: GaN Systems Power, semiconductors
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
Japanese beer maker Asahi Group said it will take on EUR7.4bn in bank loans to finance its purchase of SABMiller's former Central & Eastern European beer assets. Asahi said its board agreed to the loan, from Japan's Sumitomo Mitsui and ...
Tags: beer, Asahi Group
The UK government has announced a £23m funding for hydrogen vehicles infrastructure to speed up adoption. Hydrogen fuel providers will be able to bid for funding in partnership with organisations that produce hydrogen vehicles to ...
The European Bank for Reconstruction and Development (EBRD) is providing a $15m loan to Agrofusion Group, the largest tomato paste producer and exporter in Ukraine. Agrofusion, a vertically integrated and family-owned company, is planning ...
Tags: European Bank, tomato
Glanbia Co-op has proposed to create a strategic joint venture named Glanbia Ireland encompassing Glanbia Ingredients Ireland, Consumer Products & Agribusiness. Glanbia Co-op also proposes a €100m “spin-out” of Glanbia ...
Tags: Glanbia, Premier Milk
US-based infant formula manufacturer Mead Johnson has agreed to acquire spray drying and finishing capabilities from Australian food group Bega Cheese for A$200m. The deal includes one of Bega Cheese's spray dryers at Tatura and an infant ...
Tags: Cheese, infant formula
The outline for China’s 13th five-year plan isn’t exactly summer beach reading: The 65,858-character document, which lays out in broad terms how China’s leaders want the country’s economy to develop between now and ...
Tags: five-year plan, political economy
Lear, which supplies automotive seating and electrical systems, has agreed to acquire Grupo Antolin's automotive seating business. Grupo Antolin's seating business is headquartered in France with sales and operations concentrated in 5 ...
Tags: Lear, Antolin's Automotive, Seating Business
Faraday Future, a company that's looking to take on Tesla at the luxury end of the smart car market, has admitted that it had to put building its ambitious $1 billion factory on hold to finance its presence at CES this year. When Faraday ...
Tags: Tesla, Faraday Future