The acquisition builds on CCEP’s successful expansion into Australia, Pacific & Indonesia (API) in 2021, further strengthens its partnership with KO, supports its long-term growth strategy, and focuses on driving shareholder value. CCEP’s acquisition of CCBPI, with AEV, one of the leading conglomerates in the local market, is a great opportunity to co-own an established, well-run business with attractive profitability and growth prospects. The transaction is thus immediately EPS … [Read more...] about Coca-Cola Europacific Partners (CCEP) today confirms it has, together with Aboitiz Equity Ventures Inc. (AEV), completed the acquisition of Coca-Cola Beverages Philippines, Inc. (CCBPI) from The Coca-Cola Company (KO)
Industry
Eriez® Promotes John Klinge to Director-EMEA Operations & Strategy
Erie, PA--Eric Nelson, Eriez® Vice President of Global Operations, announces the promotion of John Klinge to Director – EMEA Operations & Strategy, effective February 1, 2024. In this pivotal role, Klinge will spearhead the company's strategic management initiatives in Europe, the Middle East, and Africa (EMEA). Klinge will manage and collaborate extensively with Eriez' EMEA leadership teams to drive profitable growth and implement enhancements in products, systems, and capacity. His … [Read more...] about Eriez® Promotes John Klinge to Director-EMEA Operations & Strategy
Ag-tech Start-Up WeedOUT Raises USD8.1 Million to Fight Weed Resistance
WeedOut’s green solution for outsmarting resistant weeds supports improved yield, reduced herbicide need Ness Ziona, Israel – Ag-tech start-up WeedOUT, Ltd. announces it has secured USD 8.1 million in A-round funding. Leading the round is Fulcrum Global Capital, a prominent US agri-focused VC with ties to a vast network of farmers across the US. The infusion of new capital will advance the company’s mission to combat weed resistance through its breakthrough green solution. Other … [Read more...] about Ag-tech Start-Up WeedOUT Raises USD8.1 Million to Fight Weed Resistance