
Voith-EGP ink 3-year umbrella agreement for turbine governors
Voith has recently signed a three-year umbrella agreement with EGP (Enel Green Power) to deliver modernization services for their turbine governors. Local affiliate companies of EGP, spanning acros....

PepsiCo to buy energy drink maker Rockstar in $3.85 billion deal
PepsiCo, Inc. has recently announced that it has inked an agreement for the acquisition of a famous energy drink maker, Rockstar Energy Beverages, for $3.85 billion. For the record, Rockstar was fo....

Sinopec starts operating meltblown non-woven fabric line for N95 masks
Construction of the assembly line was finished 48 hours ahead of the predicted time The new assembly line will facilitate a stable supply of masks and clothing to the nation and worldwide ....

Arla to enter plant-based product market under its new brand JÖRÄ
Arla, a Denmark based multinational dairy cooperative, has reportedly announced plans of entering the plant-based products market to meet consumer demands as well as to develop the category with uniqu....

Blackstone buys Canadian battery storage solutions developer NRStor
Funds that are managed by Blackstone Energy Partners have paid an undisclosed amount for acquisition NRStor has been known to be a market leader within its home territory based in Ontario, ....

SATS buys airline food supplier Monty’s Bakehouse for US$34.8m
SATS Investments, wholly owned by SATS has become the parent company of Monty’s Bakehouse U.K. The procurement was completed after the signing of a sales-and-purchase agreement on the 29t....

Canadian Koios Beverage introduces specialty ground coffee products
The product will first be made available to its 60,000 online customers and subscribers. Koios has introduced two specialty coffee blends namely, creativity blend and beauty blend. Vanco....

Didi Chuxing to start food delivery services across Japan from April
The Chinese firm has begun recruiting partners and will roll out the services in Osaka first. Didi Chuxing, a leading ride-hailing firm backed by SoftBank in China, has announced plans to unveil a ....

PepsiCo acquires Chinese dried fruit snack brand Be & Cheery for $705m
The acquisition is an integral step towards becoming a major consumer food and beverage name across China The transaction is subject to Haoxiangni shareholder vote, customary conditions and reg....