Posts Tagged: United Kingdom

Diageo acquires majority stake in non-alcoholic spirits brand Seedlip

Diageo investment in Seedlip: Diageo, through its startup accelerator program Distill Ventures, has acquired a majority stake in Seedlip, which is claimed to be the world’s first distilled non-alcoholic spirits brand, as per the latest drinks acquisition news. The acquisition marks the first non-alcoholic brand acquired by the beverage alcohol producer through Distill Ventures. Seedlip, […]

Hornea 2 wind farm contract: Subsea 7 bags cables installation contract

Hornea 2 wind farm contract : Danish wind power company Ørsted has selected UK-based subsea EPC company Subsea 7’s Seaway 7 for the installation of the entire inner array cables for the 1,386MW Hornea 2 wind farm in the UK North Sea as per the latest offshore wind industry news. Optimus, a subsidiary of Ørsted […]

Fluor wins FEED contract for INEOS vinyl acetate monomer plant in Hull

Fluor Corporation has received a front-end engineering and design (FEED) contract from INEOS for the latter’s new vinyl acetate monomer plant at the Saltend Chemicals Park in Hull, UK, as per the latest chemical industry news. The new vinyl acetate monomer plant will be designed to manufacture 300,000 metric tons per annum of the organic […]

Coveris acquires UK-based label producer Amberley Adhesive Labels

Coveris acquisition of Amberley : European packaging company Coveris has acquired 100% of UK-based label producer Amberley Adhesive Labels, for an undisclosed price, as per the latest packaging industry news. Amberley is engaged in manufacturing self-adhesive labels at its plant in Dorset. Coveris acquisition of Amberley will further consolidate the former’s labels and board business. […]

BBA Aviation to sell aircraft parts manufacturer Ontic to CVC Capital

Aviation industry news : BBA Aviation has signed an agreement to sell aircraft parts manufacturer Ontic to private equity firm CVC Capital Partners for an enterprise value of $1.37 billion. Ontic, which was acquired by the British aviation company in February 2006 for $67 million, is a provider of a high-quality, original equipment manufacturer (OEM) […]

Mondelez to invest in Reading Science Centre in UK for product development

Global snacks company Mondelez International will invest $6 million in its Reading Science Centre in the UK towards the development of new chocolate, candy and biscuit products to be sold in more than 150 different countries. Currently, the Mondelez Reading Science Centre hosts more than 290 scientists, food technologists, chemists, and other specialists. The new […]

PPRO acquires Latin American payments provider allpago

PPRO acquisition of allpago : UK-based cross-border e-payments company PPRO has acquired allpago, a Latin American payments provider for an undisclosed price, to create one of the leading platforms in the world for local payments. allpago offers payment and gateway services across Latin America covering 90% of the Latin American e-commerce market. PPRO says that […]

Culzean gas field in UK North Sea brought into production by Total

Oil and gas industry news : French oil and gas giant Total and its partners in Block 22/25a in the UK North Sea have started production from the Culzean gas field, which is estimated to contain 250-300 million barrels of oil equivalent reserves. Total with a stake of 49.99% is the operator of the Culzean […]

Culzean gas field in UK North Sea brought into production by Total

Oil and gas industry news : French oil and gas giant Total and its partners in Block 22/25a in the UK North Sea have started production from the Culzean gas field, which is estimated to contain 250-300 million barrels of oil equivalent reserves. Total with a stake of 49.99% is the operator of the Culzean […]

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