IKEA OAK creek opening date : Home furnishings retailer IKEA will open a new store in Oak Creek on 16 May, which will be the first store of the Swedish company in the US state of Wisconsin. As per the latest updates on IKEA new store openings 2018, the IKEA Oak Creek store for the […]
Food acquisition news : US organic food company Carrington Farms has acquired organic whey protein brand tera’swhey for an undisclosed price. Headquartered in Madison, Wisconsin, tera’swhey was founded in 2009 and is prepared from grass fed dairy cows. Carrington Farms says that the products of tera’swhey and its approach are very closely in line with […]
Ice cream industry news : Nestle Canada plans to boost its production capabilities at its ice cream factory in London, Southwestern Ontario with an investment of CAD 51.5 million ($40 million). The Nestle ice cream factory located on Wilton Grove Road, manufactures the Haagen-Dazs, Parlour and Drumstick ice cream products for the Canadian market. It […]
Auto industry news : Mahindra has unveiled its new off road vehicle Roxor for the US side-by-side off road vehicle segment, which has been reported to have a starting price of about $15,000. Mahindra Automotive North America (MANA), the North American automotive headquarters of the global auto manufacturer, has conceived, designed, engineered the new Mahindra […]
Beer industry news : Dutch brewing company Heineken has inaugurated a new $500 million worth brewery in Meoqui in the Mexican province of Chihuahua for its subsidiary Cuauhtemoc Moctezuma. The new Heineken brewery in Mexico is capable of producing six million hectolitres per year. It will be the Dutch brewing company’s seventh brewery in the […]
Food acquisition news : US food processing company Archer Daniels Midland (ADM) has struck a deal to acquire a stake of 50% in the starches and syrups business of Aston Foods and Food Ingredients, a Russian food company. The financial details of the deal have not been disclosed. As per the terms of the deal, […]
Bottled spring water brand Icelandic Glacial will expand its distribution in the Icelandic market through a partnership with Coca-Cola European Partners Iceland. As per the agreement between the two companies, Coca-Cola European Partners (CCEP) will distribute and sell Icelandic Glacial’s spring water products in Iceland alongside its current range of beverages. Commenting on the distribution […]
eBay acquisition of Qoo10 : E-commerce giant eBay has agreed to acquire the Japanese business of Giosis, including the Qoo10 online shopping site, for an undisclosed price. eBay, which is currently an investor in Giosis, will grow its presence in Japan through the deal. Giosis operates seven localized marketplaces in five countries, which includes Japan […]
US food processing company Archer Daniels Midland (ADM) will form a joint venture with agrifood company Cargill, which will manufacture soybean meal and soybean oil in Egypt. The ADM Cargill joint venture will own and operate Cargill’s majority owned National Vegetable Oil Company soy crush plant in Borg Al-Arab and associated commercial and functional activities. […]
US brewing company Anheuser Busch has added a new beer in the US under its Michelob Ultra light beer brand in the form of Michelob Ultra Pure Gold, which is made from organic grains. The Michelob Ultra Pure Gold light beer contains 85 calories and 2.5 carbs, while containing no artificial colors and flavors, claims […]