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Kraft Heinz slashing 2,500 jobs in US, Canada after merger

2015-08-12 15:32:58| Food - Topix.net

" Kraft Heinz says it is cutting about 2,500 jobs as part of its plan to slash costs after the food companies combined. Spokesman Michael Mullen says affected workers are in the U.S. and Canada and were to be notified in person.

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Sigma-Aldrich gets final antitrust approval for Merck merger

2015-08-11 18:44:35| Chemicals - Topix.net

Sigma-Aldrich on Tuesday said it has received approval from Brazil's Council for Economic Defense for its planned $17 billion merger with Germany's Merck KGaA. The St. Louis-based company said it represents the final outstanding approval required for the merger, announced in September 2014.

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Report: Westport giant in merger talks

2015-08-11 10:23:39| Industrial Machines - Topix.net

Shares of the construction and mining equipment maker Terex surged Monday after Bloomberg reported the Westport, Conn.-based company is in talks to merge with a Finland rival. Photographer: Simon Dawson/Bloomberg Photo: Simon Dawson / Bloomberg Westport-based Terex, a multinational manufacturer of heavy construction equipment with more than 15,900 employees working at 50 manufacturing plants in North America, South America, Europe, Asia and Australia, is involved in renovating Westport's popular Levitt Pavilion.

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Kraft and Heinz Sales Fall in Final Quarter Before Merger

2015-08-11 05:50:56| Food - Topix.net

Sales at Kraft fell due to weak demand for its beverages, a result of fewer promotions versus the year-earlier period, while the strong dollar hurt sales at Heinz. ) and Brazilian private equity firm 3G Capital, combined with Kraft Foods Group to create the third-largest North American food company.

Tags: sales final fall quarter

 

Coca-Cola Enterprises secures Germany, Iberia merger

2015-08-06 16:11:00| Daily beverage news and comment - from just-drinks.com

Coca-Cola Enterprises has finally confirmed its merger with the German unit of the Coca-Cola Co, with Coca-Cola Iberian Partners completing the new Western European bottling powerhouse.

Tags: germany enterprises merger iberia

 

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