Latest Posts Under: USA

Yum Brands, Grubhub join forces to boost KFC and Taco Bell businesses

Restaurant industry news : Yum Brands will partner with food ordering company Grubhub to boost sales of its KFC and Taco Bell fast food restaurants in the US through the latter’s online ordering platform. Additionally, Yum Brands has agreed to make an equity stake of $200 million in Grubhub for an undisclosed stake. The investment […]

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UK’s EG Group to acquire Kroger convenience store business for $2.15bn

Retail acquisition news : EG Group, a UK-based petrol forecourt convenience store retailer has made a $2.15 billion deal to foray into the United States by acquiring 762 convenience stores of American supermarket chain Kroger. Since October 2017, Kroger had been looking out for strategic alternatives for its convenience store business, including a possible sale, […]

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Del Monte to acquire Mann Packing for $361m

Food acquisition news : Fresh Del Monte Produce says that Del Monte Fresh Produce N.A., its North America subsidiary has struck a deal to acquire Mann Packing, a California-based supplier of supplier of fresh cut veggies for a sum of $361 million. Mann Packing grows, processes and supplies a wide range of vegetable products across […]

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CNOOC and partners begin production from Stampede oil and gas project

Oil and gas news : China National Offshore Oil Corporation (CNOOC) and its partners have achieved production from the $6 billion worth Stampede oil and gas project, located in the deepwater US Gulf of Mexico. The Stampede oil and gas field is located about 185 kilometres south of Fourchon in Louisiana. The offshore field is […]

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Conagra Brands acquires Sandwich Bros. of Wisconsin business

Food acquisition news : US packaged foods company Conagra Brands has acquired the Sandwich Bros. of Wisconsin business, a producer of frozen breakfast and entree flatbread sandwiches for an undisclosed price. Sandwich Bros. offers consumers with on-the-go convenience flatbread pocket sandwiches which are claimed to be filled with proteins like Angus beef, chicken brought up […]

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Enterprise Products, Navigator Gas to build ethylene export terminal in US

US midstream company Enterprise Products Partners and Navigator Gas, a UK gas shipping company will jointly construct a new ethylene export terminal along the US Gulf Coast. The two companies have formed an equally owned joint venture for this purpose. Enterprise Products Partners says that the new US ethylene export terminal will be able to […]

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Valvoline opens new Valvoline Instant Oil Change service center in Richmond

Auto industry news : Valvoline, a branded lubricants and automotive services provider, has opened its new quick-lube center – the Valvoline Instant Oil Change (VIOC) service center in Richmond in the US state of Virginia. The company-owned Valvoline Instant Oil Change service center is the first quick-lube location to open in the metro Richmond market. […]

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Chevron, Total announce Ballymore oil discovery in Gulf of Mexico

Oil and gas news : Chevron and Total have pulled off a major oil discovery in the Ballymore prospect in the US Gulf of Mexico following its drilling. The partners said that the Ballymore well had encountered 205 meters of net oil pay in a high quality Norphlet reservoir, after it was drilled by Pacific […]

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US flooring retailer Floor & Decor opens new distribution center in Savannah

Retail industry news : Floor & Decor, a flooring retailer offering hard-surface flooring and related accessories has opened a new distribution center in Savannah in the US state of Georgia. The new Floor & Decor distribution center is of 1.4 million square foot area, which has been constructed on a 90-acre site in the Morgan […]

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