Two people have been killed and 14 others were injured after a cargo train and a passenger train collided in Aichach, 50 kn west oh Munich in southern Germany on Monday. The deceased persons have been identified as the driver of the passenger train and…
P&G acquisition of Merck consumer health business : US consumer goods company Procter & Gamble (P&G) has agreed to acquire German pharma company Merck’s consumer health business in an all-cash deal worth around €3.4 billion ($4….
Several people died and around 30 people were injured when a car ploughed into crowd in the western German city of Muenster on Saturday as reported in the local media. Many people died after the incident and it is yet to be confirmed whether it is an i…
Dairy industry news : Danish dairy company Arla Foods will sell its cheese production factory in Sonthofen, Germany to Allgauer Hof-Milch, a German dairy producer for an undisclosed price. Arla Foods revealed that the two companies have inked a letter of intent and will look to wrap up the transaction by the end of next […]
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Food acquisition news : Colorado-based organic meal kit company has been snapped up by global meal kit company HelloFresh for an undisclosed price in a move to give more choices in its meal plans for customers. Courtesy of HelloFresh acquisition of Green Chef, the Germany-based meal kit delivery company will offer US customers the latter’s […]
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Food acquisition news : Unilever has revealed that German food manufacturer Dr. Oetker has made a binding offer to buy its Alsa baking and dessert business for an undisclosed price. Asla, which was acquired by Unilever in 2010, manufactures flan mixes and baking powder among other products. Unilever revealed that the transaction with Dr. Oetker […]
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Wind industry news : Spain-based Iberdrola says that its Wikinger offshore wind farm built at a cost of €1.4 billion in the Baltic Sea has been connected to the German electricity grid. The German offshore wind farm, which has a capacity of 350MW, is capable of providing clean energy to 350,000 German homes. The Wikinger […]
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Energy industry news : In the latest news about Siemens job cuts 2017, the industrial manufacturing company has announced its decision to slash close to 7,000 jobs in its global energy operations. The decision it says, is part of a restructuring plan to adapt itself to the decreasing demand for conventional power generation. Based in […]
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The rise of cricket in Deutschland With a strong base in today’s sports leagues, the German word “blitzkrieg” may just be the spot on description […]