subsidiary
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Sidel strengthens its presence in South Africa
The Sidel Group has created a subsidiary in South Africa to better serve its customers from the Southern part of the African continent. "Sidel has been present for 30 years in South Africa, through our agent. Now is the time to go further. Establ…
subsidiary | 14 October 2010
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Sino Agro Food to increase production of dairy products
China-based Sino Agro Food says its subsidiary, ZhungXing Cattles Husbandry, has completed the sale of approximately 600 tons of dairy products during its initial Phase I marketing trials with selected retailers in Beijing. The company will begi…
subsidiary | 01 March 2010
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Penford to sell New Zealand operations
Penford Corp subsidiary Penford Australia has entered into a contract to sell 100% of the shares of Penford New Zealand Limited to a private investment company. The sale is scheduled to be completed in early September. Penford Corp develops, manufact…
subsidiary | 01 September 2009
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Pacific Seafood acquires Salmolux
A Portland-based Pacific Seafood Group subsidiary recently acquired Salmolux, a hot and cold smoked seafood and gourmet food processing company based in the Pacific Northwest. Salmolux produces millions of pounds of salmon annually, utilizing a propr…
subsidiary | 01 September 2009
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Appleton explores sale of C&H Packaging
Appleton has announced its intention to explore options to sell C&H Packaging Company, a wholly-owned subsidiary acquired in April 2003. Located in Merrill, Wis., C&H Packaging prints and converts flexible plastic packaging materials for companie…
subsidiary | 05 August 2009
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Nippon Paper Group acquires subsidiary
The board of directors of Nippon Paper Group (NPG) has agreed to acquire a 54.93% stake in Shikoku Coca-Cola Bottling from NPG’s wholly owned subsidiary Nippon Paper Industries. NPG says the transaction will not have a material impact on its conso…
subsidiary | 30 June 2009
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Bottling Group’s 10-Year senior notes receives an 'A+
Fitch Ratings has assigned an 'A+' rating to the $750 million 5.125% senior unsecured notes due January 15, 2019 of Bottling Group, a 93.4%-owned subsidiary of The Pepsi Bottling Group (PBG). PBG plans to use the issuance proceeds, together with …
subsidiary | 09 February 2009
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APB’s subsidiary in New Zealand diversifies revenue streams
Asia Pacific Breweries Limited’s (APB) wholly-owned subsidiary in New Zealand, DB Breweries Limited (DB), has announced the incorporation of two new joint venture companies - Barworks Group Limited (Barworks) and Sale Street Brewery Co. Ltd (Sale Str…
subsidiary | 05 June 2008
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Barry Callebaut finalizes sale of US subsidiary
Barry Callebaut AG said it completed the sale of its US sugar candy business Brach’s to Farley’s & Sathers Candy Company Inc., as announced in September. The sale included all of the business and all assets of Brach’s and its affiliates, includin…
subsidiary | 26 November 2007
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Numico: Indonesian baby food subsidiary privatised
Dutch baby food-maker Royal Numico N.V. said its Indonesian baby food subsidiary PT Sari Husada Tbk. has been successfully privatised. The company said the Indonesian Minister of Justice and Human Rights has now officially approved the privatisat…
subsidiary | 31 July 2007
