Freudenberg Medical announces $25m expansion with second site in Costa Rica

Freudenberg Medical announces $25m expansion with second site in Costa Rica

Freudenberg Medical, a global leader in contract design and manufacturing for the medical device and biopharma industry, has unveiled plans to bolster its global presence with a $25 million investment in a second manufacturing site in Costa Rica. This strategic expansion aims to enhance the company’s capabilities in delivering complex products to its international customer […]

Hero MotoCorp partners with Motosport SA to expand in Costa Rica

Hero MotoCorp partners with Motosport SA to expand in Costa Rica

Indian motorcycles and scooters manufacturer Hero MotoCorp has announced Motosport SA as its exclusive distributor to expand its operations in Costa Rica. As the sole distributor for the sales and maintenance of Hero MotoCorp motorcycles and scooters throughout Costa Rica, Motosport SA is expected to play an important role in the rapid growth of Hero […]

Nekajui, a Ritz-Carlton Reserve Residence, in Costa Rica gets $130m booster

Nekajui, a Ritz-Carlton Reserve Residence, in Costa Rica gets $130m booster

Investment firms Gencom and Mohari Hospitality have raised $130 million in financing for the ongoing construction of Nekajui, a Ritz-Carlton Reserve Residence, a new ultra-luxury boutique resort and branded residences in Costa Rica. Nekajui, a Ritz-Carlton Reserve Residence, is located on Peninsula Papagayo, a 1,400-acre private club and resort community situated on the north Pacific […]

Persistent Systems to acquire New Jersey-based Data Glove in $90.5m deal

Persistent Systems to acquire New Jersey-based Data Glove in $90.5m deal

Persistent Systems, an Indian technology services company, has agreed to acquire Data Glove, a New Jersey-based provider of business transformation services, in a deal worth up to $90.5 million. The consideration includes a maximum earnout of $34.88 million to be paid over the next two years, which will be contingent on meeting certain performance thresholds. […]

United Natural Foods rolls out Woodstock hot sauces line in US

United Natural Foods rolls out Woodstock hot sauces line in US

United Natural Foods, a Rhode Island-based organic food company, has rolled out a new range of hot sauces under Woodstock brand. The Woodstock hot sauces range has been launched in four flavors – Scotch Bonnet, Ghost Pepper, Habanero Pepper, and Scorpion Pepper. According to United Natural Foods, the hot sauces are sourced from Costa Rica, […]