Latest Posts Under: USA

Natural Grocers store openings : US specialty retailer to add two new stores in Dallas-Fort Worth

Natural Grocers store openings : Specialty retail chain Natural Grocers by Vitamin Cottage has announced its plans to open two new stores in the early part of this year in the Dallas-Fort Worth area. The US specialty retailer currently has 21 stores in Texas which will see the addition of the two new stores at […]

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Brookfield to buy nuclear power company Westinghouse Electric from Toshiba

Energy acquisition news : Brookfield Business Partners alongside its institutional partners has struck a deal to acquire bankrupt US-based nuclear power company Westinghouse Electric Company from Japanese conglomerate Toshiba Corporation for $4.6 billion. As per the deal terms, the Bermuda-based asset management company will purchase almost all of Westinghouse Electric’s global business as well as […]

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French dairy giant Lactalis to acquire US yogurt brand siggi’s

Lactalis acquisition of siggi’s : French dairy giant Lactalis has struck a deal to acquire siggi’s, a yogurt manufacturer in USA for an undisclosed price as per the latest food acquisition news. Headquartered in New York City, siggi’s is the maker of Icelandic style skyr yogurts which it says are prepared using simple ingredients with […]

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Eni kicks off Arctic exploration drilling in Beaufort Sea, Alaska

US oil and gas news : The US Bureau of Safety and Environmental Enforcement (BSEE) says that new oil exploration activities in Arctic federal waters have commenced with Eni initiating the process off the north Alaska coast as part of its Nikaitchuq North exploration project. Eni US Operating, a subsidiary of the Italian oil and […]

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Sintavia breaks ground on metal additive manufacturing plant in Hollywood

Chemical industry news : Florida-based metal additive manufacturer Sintavia has started construction on its new metal additive manufacturing plant in Hollywood to cash in on the growing additive manufacturing industry which is estimated to more than triple in the coming three years. The new 55,000 square foot metal additive manufacturing factory, which is being built […]

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Home furnishings retailer IKEA to build new furniture store in Marietta, GA

Retail industry news : Home furnishings retailer IKEA has revealed its plans to open its second furniture store in Atlanta, Georgia for which it has selected a location in Marietta. The furniture store retailer is yet to work out on the construction schedule and opening of the new home furnishings shop in Atlanta. IKEA though […]

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Discount retailer Target to acquire online grocery delivery service Shipt

Retail acquisition news : American discount store retailer Target has struck a deal to acquire online grocery delivery service Shipt for $500 million with an intention to strengthen its fulfillment capabilities. Shipt, which is headquartered in Birmingham, Alabama, was founded in 2014. It is a membership-based online grocery marketplace and same-day delivery platform. The online […]

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Confectionery giant Ferrero acquires US candy manufacturer Ferrara Candy

Food acquisition news : Nutella owner and Italian confectionery giant The Ferrero Group has completed a previously announced acquisition of US candy manufacturer Ferrara Candy Company from private equity firm L Catterton. The transaction amount involved in the Ferrero acquisition of Ferrara Candy was not revealed by the parties. Ferrero, which made the deal in […]

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Specialty retailer 2nd & Charles to open new store in Conroe, Texas

Retail industry news : US-based specialty retailer 2nd & Charles is set to open what would be its third store in Texas which will begin business from 16 December in Conroe. The other two 2nd & Charles stores in Texas are located in Beaumont and Laredo. Overall, 2nd & Charles has taken its total number […]

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