Posts Tagged: The Netherlands

Cott subsidiary Eden Springs acquires Watercooler Gigant from Leylines

Cott Corporation, a bottled water delivery services provider, said that its subsidiary Eden Springs has acquired the Watercooler Gigant business of Netherlands-based Leylines for an undisclosed price. Watercooler Gigant is an e-commerce platform in the Netherlands which is engaged in supplying bottled water coolers and filtration solutions to commercial and residential clients. Through the acquisition […]

Vitol takes full ownership in asphalt trading business VALT

Vitol has taken full ownership in asphalt trading business VALT after acquiring the remaining 50% stake it previously didn’t own from its joint venture partner Sargeant Marine. The VALT bitumen joint venture was established by Vitol and Sargeant Marine in 2016. Sargeant Marine is an asphalt trading, storage and transportation business. The asphalt trading business […]

Avansya fermentation facility begins EverSweet stevia sweetener production

The Netherlands-based Avansya has started production at its new $50 million fermentation facility in Blair, Nebraska of EverSweet – a non-artificial, zero-calorie stevia sweetener. The Avansya fermentation facility will produce sweet-tasting molecules like Reb M and Reb D, the ingredients to make EverSweet. The stevia sweetener factory is expected to provide food and beverage producers […]

Campbell Soup wraps up sale of European chips business to Valeo Foods

Campbell Soup Company has wrapped up the previously announced £66 million sale of its European chips business to Valeo Foods, an Irish food company backed by CapVest Partners. The transaction was announced in September 2019 as per the food acquisition news at Business-News-Today.com. Included in the divested European chips business are the UK-based Kettle Foods […]

Eaton to sell Cooper Lighting Solutions to Signify for $1.4bn

Signify acquisition of Cooper Lighting Solutions : Eaton, a US power management company, has agreed to offload its lighting business – Cooper Lighting Solutions to the Netherlands-based Signify (formerly Philips Lighting) for $1.4 billion in an all-cash deal. The US company decided to divest Cooper Lighting Solutions after carrying out a comprehensive review of several […]

Philips plans to sell remaining 10.7% stake in Signify

Koninklijke Philips (Royal Philips), a Dutch medical equipment company, is planning to sell its remaining 10.7% stake in its former lighting division Signify NV. The planned transaction is part of Royal Philips’ target to fully divest its interest in Signify. Royal Philips has launched an accelerated bookbuilding to sell its 13.8 million shares in Signify, […]

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