CHINA > US based Cargill invests more than $15 million to add a piglet feed production line at its existing facility in Tianjin, China

Cargill logo To bolster its young animal nutrition capability, US based Cargill invests more than $15 million to add a piglet feed production line at its existing premix and nutrition facility in Tianjin, China. Featuring cutting edge technology, the nearly 7,000 square meter young animal nutrition facility is set to produce Neopigg™, a sustainable world-class piglet feed. According to John Fering, Managing More …

CANADA > US based Instacart acquires Canada based Unata

instacart logo Technology driven nationwide on-demand grocery delivery service, Instacart is set to acquire Unata which is an award- winning provider of 1 to 1 digital solutions for grocery shoppers. The acquisition aims to enable the future of online grocery shopping by combing their talents, culture and innovative product solutions. Creating a one- stop shop for brick-and–mortar retailers to compete in the More …

USA > Delphi Technologies PLC is set to invest in PolyCharge America to commercialize a new capacitor technology

Delphi Technologies In order to commercialize a new capacitor technology that aims to make high- power inverters smaller, lighter and more tolerant to high temperatures, Delphi Technologies is set to invest in PolyCharge America, a startup and the producer of the new capacitor technology. Sigma Technologies, the parent company of PolyCharge, and Delphi Technologies enjoy pre- existing long standing technology partnership. Delphi More …

ALGERIA > InterContinental Hotels Group (IHG) is set to open Holiday Inn® Algiers – Cheraga Tower

Holiday Inn logo 290 With the addition of Holiday Inn® Algiers – Cheraga Tower in Algeria, IHG will now operate 25 hotels across 9 countries in Africa in total . The new hotel features 242 well equipped rooms and is strategically located west of Algiers that is close to international business centers and embassies. Popular tourist spots such as downtown area, Hydra District, the More …

GERMANY > SoftBank Vision Fund invests €460 million ($563.18 million) in Europe’s leading multi- sided platform for the used car sector, AUTO1 Group

softbank-logo SoftBank vision fund invests €460 million ($563.18 million) in Germany based AUTO1 Group. Half of the investment will be made through the issue of new shares which will value AUTO1 at €2.9 billion ($3.55 billion) and will support the group’s international expansion. AUTO1 Group’s technology platform enables dealers and private individuals to trade seamlessly through Europe via an analytics and More …

USA > Singapore based InMobi is set to acquire U.S. based AerServ for $90 million

inmobi logo The world’s largest independent mobile advertising platform, InMobi has announced the acquisition of AerServ for $90 million in cash and stock exchange that is bound to enhance monetization for publishers globally and will also enhance the premium mobile programmatic platform called the InMobi exchange. InMobi and AerServ’s combined technology will provide a next generation platform for ad and will provide More …

ROMANIA > Rezidor Hotel Group is set to open Radisson Blu Hotel in Timisoara

Radisson blue logo Increasing the hotel portfolio to four hotels in Romania, Rezidor Hotel Group has signed the Radisson Blu Hotel in Timisoara. Radisson Blu and Mulberry Development are set to create an international upper upscale hotel in the western Romania hub for social, economic and cultural activities- Timisoara. According to  Elie Younes, Executive Vice President & Chief Development Officer of Carlson Rezidor More …

CHINA > Yip’s Chemical Holdings Limited buys most of the coatings portfolio of DGL Camel International in Hong Kong and Mainland China

Duluxgroup logo Following a strategic review of the DGL Camel coatings portfolio, DGL Camel International is set to sell most of its coatings portfolio to Yip’s Chemical Holding Limited.  The deal is expected to complete in the first half of the 2018 financial year. However the Selleys business in Hong Kong and China and a small part of the coatings portfolio will More …