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BMW, Daimler Agree to Merge Mobility Services Business Units

Apr 10, 2018

German automakers BMW and Daimler have agreed to merge their respective mobility services business units into a joint venture (JV) in which each company will hold a 50% stake. The agreement will bring together the companies’ ...

Tags: BMW, Daimler

GFG Style and Envision Unveil New Concept EV at 2018 Geneva Motor Show

Mar 2, 2018

Digital energy firm Envision has partnered with Italian design company GFG Style have presented a new concept electric vehicle at the 2018 Geneva Motor Show. The concept car brings together beautiful design with beautiful energy, defining ...

Tags: Geneva Motor Show, Digital energy

Cargill, Faccenda Foods to Establish Poultry Joint Venture in UK

Sep 27, 2017

Agribusiness giant Cargill has agreed to merge its fresh chicken business in the UK with Faccenda Foods’ fresh chicken, turkey and duck operations to create a new food firm. The parties will establish a fresh poultry joint venture ...

Tags: Cargill, Faccenda Foods

AB InBev to Merge Russia and Ukraine Businesses with Anadolu Efes

Aug 14, 2017

Anheuser-Busch InBev (AB InBev) is merging its operations in Russia and Ukraine with Turkey's brewer, Anadolu Efes. The companies plan to merge their businesses in a 50-50 merger and create a new company to be known as AB InBev-Efes. ...

Tags: AB InBev, brewer

Kohlberg to Acquire Pexco From Odyssey

Mar 1, 2017

Private equity firm Kohlberg & Company has agreed to acquire Pexco, a North American specialty plastics manufacturer, from Odyssey Investment Partners. Upon completion of the deal closes, Pexco will merge with Kolhberg portfolio company ...

Tags: Kohlberg, specialty plastics

B&B Italia Showcases New Collections

Jan 18, 2017

B&B Italia presents the first new products for 2017 in imm cologne, namely three exclusive projects dedicated to the outdoors, all designed by Antonio Citterio. First of all, the Ray outdoor seating collection, a remarkable indoor ...

Tags: imm cologne, B&B Italia

Mitsubishi and Ube Industries Merge Injection Moulding Machine Businesses

Jan 10, 2017

Ube Machinery and Mitsubishi Heavy Industries have merged their respective injection moulding machine businesses. Mitsubishi has restarted its operations with the new structure and corporate name U-MHI Platech. Ube Machinery has ...

Tags: Mitsubishi, Ube Industries, Injection Moulding Machine

The Mac and iPad Aren't Merging. Get Over It

Dec 27, 2016

Sure, Apple could make software that powers both Macs and iPads. Yes, it could put touchscreens in its laptops. And yeah, it could make a hybrid device that's both a tablet and a notebook. But that would be taking the easy route. At ...

Tags: Apple, Mac, iPad

Seven Mobile Trends to Look for in 2017

Dec 26, 2016

Get ready for a wild 2017 when it comes to the world of wireless. From the inauguration of Donald Trump as president of the United States to ever-growing hype around 5G wireless technology, the signs of change are unmistakable. It could ...

Tags: wireless, Zero rating, 5G

Ebro Foods to Merge Its US Rice and Pasta Businesses

Dec 16, 2016

Spanish food company Ebro Foods has announced the merger of its three US rice and pasta companies in a bid to become a major player in the two segments in the country. The companies to be merged, with effective from 1 January 2017, are ...

Tags: Ebro Foods, Rice, Pasta

Monsanto Shareholders Approve Bayer's $66bn Merger Deal

Dec 15, 2016

US-based agricultural company Monsanto has secured an approval from its shareholders to merge its business with a subsidiary of German pharmaceutical company Bayer for $66bn. As per the terms of the merger deal, the shareowners will be ...

Tags: Monsanto, Merger Deal

Alpiq, Groupe E to Merge Charging Networks for Electric Cars

Nov 29, 2016

Alpiq and Groupe E, together with their partners, are merging their charging networks for electric cars. This will offer customers access to more than 300 charging stations in Switzerland. The joint network, which will continue to be ...

Tags: Alpiq, Groupe E, Electric Cars

RPC Promens Designs New Plastic Bottle for Plenish Probiotic Drinks

Nov 18, 2016

RPC Promens Consumer Llantrisant has designed a new PET bottle for London-based Plenish. The company provided the custom-moulded 330ml PET bottle for Plenish to pack three new flavors of Water+ range, including cucumber, pineapple ginger ...

Tags: RPC Promens, Plastic Bottle

Verso Reveals Strategic Initiatives to Reorganize Business

Nov 17, 2016

Verso has announced strategic initiatives to reduce costs and improve its overall operating and financial performance. The US-based printing paper and specialty paper producer has deviced three strategic initiatives, which also includes ...

Tags: Verso, specialty paper units

ConAgra Foods Completes Lamb Weston Spin-off

Nov 14, 2016

US-based ConAgra Foods has completed the spin-off its Lamb Weston business to become a singularly focused, consumer branded food company. The company has been changed to Conagra Brands to reflect the new direction and streamlined focus. ...

Tags: ConAgra Foods, Lamb Weston

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