Australian food company Beston is planning to acquire milk processor United Dairy Power for an undisclosed amount. United Dairy's milk processing plants in Murray Bridge and Jervois which were closed after the company went into ...
Tags: Milk Processor, Dairy Product
Australian-based Beston Global Food Company has revealed it has acquired milk producer United Dairy Power from the receivers. The South Australian based United Dairy Power which was an aggregator of milk suppliers across Victoria and ...
Tags: Dairy Power, milk
Mrs. Fields Confections, a subsidiary of Famous Brands International, has acquired Maxfield Candy Company for an undisclosed amount. The transaction includes the acquisition of Maxfield Candy's brands Maxfield Candy and Nutty Guys. This ...
News that the high New Zealand dollar has claimed another textile firm has come as a huge shock to those affected, FIRST Union said. Staff at Christchurch Yarns was told yesterday that their firm has been placed in to receivership. 85 ...
Tags: Textile
Contour has emerged from receivership under new ownership determined to compete in the point-of-view, or POV, camera market. The company has completed a financial overhaul, reorganized its plans for new product innovation and built a ...
Tags: Sporting Goods, Recreation Goods, Camera
Kapiri Glass Factory is set to reopen its operations in July next year under a new local investor Chimsoro Milling Company Limited. This follows the recapitalization and re-investment into latest machinery and technology at the once ...
Sydney’s Cross City Tunnel is facing receivership for the second time in seven years. The Tunnel’s owners are required to refinance the project to the tune of $79 million by September 30, however an unpaid stamp duty bill ...
Tags: Cross City Tunnel
Australia-based organic poultry business Inglewood Farms has entered into administration after the company's directors announced their intention to resign after shareholders indicated that they would not provide funding to continue ...
Tags: Organic Poultry, PPB
A South Australia-based international engineering and manufacturing company with a turnover of $19 million has been placed in receivership and its operations have ceased. Initial investigations reveal the company Priority Engineering ...
Tags: engineering company, manufacturing company, SA engineering
The Textile Recycling Association celebrated its 100th Anniversary by holding a Reception and its AGM at the Houses of Parliament in London. Hosted by Right Honourable Tracey Crouch MP, delegates heard the annual TRA President’s ...
CUNA Mutual Group and the Arizona Department of Insurance (DOI), receiver for PMI Mortgage Insurance Co (PMI), have inked an agreement to support the future development of CMG Mortgage Insurance Company (CMG MI). Based on terms of the ...
Tags: CUNA Mutual Group, DOI, PMI, CMG MI
The receivers of the Wettenhalls Group confirmed on Wednesday that they have sold the Wettenhalls business in a management buy-out. The sale preserves about 200 permanent jobs and puts Wettenhalls back into the market as a viable business ...
Tags: Wettenhalls, Service, logistics
One of Australia’s biggest transport and logistics firms, the Wettenhalls Group, has been placed in receivership. The Wettenhalls business has operated for nearly 90 years and has annual turnover of about $120 million. It operates ...
Reuters reported that troubled steelmaker Lucchini, Italy's second largest producer, has requested to be placed under receivership procedures to save it from bankruptcy. The measure, which involve the appointment of an administrator ...
Tags: steelmaker, Lucchini, Italy, bankruptcy
Fonterra has struck a deal to buy the processing assets of New Zealand Dairies, which went into receivership last month. Russian baby food group Nutritek acquired a majority stake in New Zealand Dairies in 2008 and aimed to use the ...
Tags: Dairies Assets, receivership