LATEST NEWS
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Atlas Copco to expand into industrial pumping solutions with acquisition of Pumpenfabrik Wangen
GERMANY – Swedish multinational industrial company Atlas Copco has agreed to acquire pumping solutions supplier Pumpenfabrik Wangen in an effort to expand into new industrial pump…
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Kenya’s horticultural earnings increase by 7% to US$1.39 billion despite low produce prices
KENYA – Kenya’s horticulture export earnings in 2021, hit a historic high at Ksh158 billion (US$1.39 billion), growing by 7% from Ksh150 billion (US$1.32 billion)…
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Executive Appointment Roundup: New Chief Executive Officers at Mast-Jägermeister US, Sodexo, SupHerb Farms, and National Restaurant Association
GLOBAL – Mast-Jägermeister leads this week’s executive appointment roundup having appointed a new Chief Executive Officer for its US business unit. Others in the round-up…
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Multivac plans new production site in India to bolster presence in South Asia
INDIA – Packaging solutions provider Multivac is planning to invest €6.8 million (US$7.7m) in a new manufacturing site in Ghiloth, India, in a move to expand its production…
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Suntory Beverage sells Australian coffee business to UCC Holdings for US$165m
AUSTRALIA – Japanese multinational beverage company Suntory Beverage & Food (SBF) is selling its Australian coffee business to UCC Coffee subsidiary, UCC ANZ Management for A$229…