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Real Good Food Acquires Majority Stake in Brighter Foods
Apr 7, 2017Real Good Food announced that it has acquired an 84.33% stake in Brighter Foods for total consideration of up to £9m, on a cash and debt free basis. The two companies announced a new partnership to build on the success for the Wales ...
Tags: Real Good Food, snack bar
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Mercedes-Benz to Build Eq Product Brand's First Electric Car at Bremen Plant
Nov 17, 2016Mercedes-Benz said it will manufacture the first production model of the new EQ product brand at its Bremen plant in Germany by the end of 2020. The production model will depend on the EQ show car – an electric vehicle with the ...
Tags: Mercedes-Benz, Electric Car
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Exporter Confidence Plateaus Amid Competing Head and Tailwinds
Aug 25, 2016America’s back, free trade agreements are helping (particularly with China), and Europe remains on Australian business horizons despite Brexit. This is according to the 2016 DHL Export Barometer. However, exporters are muddling ...
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Daimler to Invest Eur580m in Hungarian Mercedes-Benz Plant in Kecskemet
May 5, 2016Daimler is planning to invest €580m in its Mercedes-Benz plant in Kecskemet, Hungary. The facility, which started operation in 2012, will produce the next generation of compact cars. Daimler has so far invested about €1bn ...
Tags: Daimler, Mercedes-Benz
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McCormick Drops Pursuit of Premier Foods
Apr 15, 2016Spice manufacturer McCormick & Company has dropped its plan to make further acquisition bid for Premier Foods. The announcement follows three proposals by McCormick for Premier Foods, which were rejected by the latter citing ...
Tags: McCormick, Premier Foods, Acquisition
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Daimler Begins Production of Nine-Speed Automatic Transmission in Romania
Apr 6, 2016Daimler has begun production of its 9G-TRONIC nine-speed automatic transmission at its Sebes factory in Romania. The production is being handled by its Romanian subsidiary Star Assembly. The German luxury car-maker has invested about ...
Tags: Daimler, Nine-Speed Automatic Transmission, Sebes factory, Romania, BMW
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McCormick Offers Revised Bid for Premier Foods
Apr 6, 2016McCormick & Company has revised its offer for Premier Foods to 65 pence in cash per each share of Premier Foods, valuing the latter at £1.5bn, and making its third approach to acquire the business. The revised offer follows two ...
Tags: McCormick, Premier Foods, Revised Bid
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Premier Foods Rejects Third Bid Offer From McCormick
Apr 5, 2016Premier Foods has rejected the third offer from US-based spice manufacturer McCormick & Company, which had offered 65p per share of Premier Foods. Mr Kipling cakes maker said the proposal continued to undervalue Premier and its future ...
Tags: Premier Foods, McCormick&Company, Bid Offer
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Premier Foods Rejects £495m Bid Offer From McCormick
Mar 28, 2016UK-based food manufacturer Premier Foods has rejected a bid offer worth a £495m from US-based food giant McCormick. The company has rejected the offer saying that the offer from McCormick significantly undervalued Premier Foods ...
Tags: Premier Foods, McCormick, Bid Offer
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CSC of Taiwan Chalks up 54% Monthly Growth in Pretax Profits of NT$346 M.
Sep 21, 2015Mainly benefiting cost savings from utilization of in-stock raw materials procured earlier at lower prices, Taiwan-based China Steel Corp. (CSC), the island's largest steelmaker by size, therefore chalked up a 54-percent growth in pretax ...
Tags: raw material, global market, coking coal, iron ore
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Market for Oxo Alcohols Will Reach $20976.6 Million by 2020
May 20, 2015Markets and Markets' new report predicts that the market for Oxo alcohols will reach $20,976.6 million by 2020. Oxo alcohols are prepared by reacting olefins with syngas (hydroformulation reaction) under low pressure in presence of ...
Tags: Oxo alcohols, Oxo Alcohol Market
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Business in The Polyester Specialties Segment Continues to Proceed in a Pleasing Fashion
Jan 26, 2015“For the just completed 2014, business in the polyester specialties segment continues on the whole to proceed in a very solid and pleasing fashion, German fibre manufacturer, Trevira said. It also anticipates the 2014 turnover at ...
Tags: textile materials, chemical tests, Textile
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Intertextile Shanghai Feature Saloneurope and The Milano Unica Pavilions
Jan 5, 2015With demand for premium European textile products growing, Intertextile Shanghai Apparel Fabrics – Spring Edition 2015 will once again feature SalonEurope and the Milano Unica pavilions. Leading European apparel fabrics and ...
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Aurelius Completes The Acquisition of Plastic Bottle Recycler Eco Plastics
Dec 16, 2014Mid-market pan-European investor Aurelius has acquired Europe's leading ethical plastic bottle recycler Eco Plastics for an undisclosed amount. With this investment, Aurelius will supply its highly specialised operational improvement ...
Tags: Plastic Bottle, Eco Plastics, Agriculture
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Inventory of Iron Ore at 33 Major Chinese Ports Amounted to 109.34 Million Mt
Aug 28, 2014As of August 25, inventory of iron ore at 33 major Chinese ports amounted to 109.34 million mt, up 0.54 million mt or 0.5 percent week on week, as announced by China's Xinhua News Agency on August 26. As of the same date, the Xinhua-China ...
Tags: Iron Ore Inventory, Chinese Ports, Energy
