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Less than a month after it announced it was acquiring Plum Organics, Campbell's Soup Company (CPB) has once again announced a new deal. Campbell's is acquiring Kelsen Group Als, a Denmark based company in the baked snacked category.Finan...
Less than a month after it announced it was acquiring Plum Organics, Campbell's Soup Company (CPB) has once again announced a new deal. Campbell's is acquiring Kelsen Group Als, a Denmark based company in the baked snacked category.Financial terms were not disclosed for the deal. Campbell's is buying the entire company from Maj Invest, a private equity firm, and the company's other small investors. The company is most famous for its Kjeldsens and Royal Dansk brands.Kelsen Group sells its baked snacks in 85 countries, which is important in Campbell's continued efforts to strengthen its sales in emerging markets. Kelsen Group already has distribution in Asia, South America, Middle East, Africa, and the United States. In 2012, Kelsen Group had gross sales of $180 million.The big reason Campbell's is buying the food company is China. In China and Hong Kong, Kelsen Group is a "market leader"
about 1 hour ago
The murder of Gauteng policeman Major General Tirhani Maswanganyi is an indication that criminals were not afraid of law enforcement agencies, the FF Plus says.
The murder of Gauteng policeman Major General Tirhani Maswanganyi is an indication that criminals were not afraid of law enforcement agencies, the FF Plus says.
about 1 hour ago
The legspinner Fawad Ahmed remains in contention for a late Ashes call-up despite being named in the Australia A squad to tour Africa while England and Australia battle for the urn
The legspinner Fawad Ahmed remains in contention for a late Ashes call-up despite being named in the Australia A squad to tour Africa while England and Australia battle for the urn
about 1 hour ago
There was a great anticipation for the Pitch’s Brand 50 awards. In all, there were 120 leading brands contending for the various categories, for the year 2013. Mahindra and Mahindra private Ltd, the leading automobile manufacturer ...
There was a great anticipation for the Pitch’s Brand 50 awards. In all, there were 120 leading brands contending for the various categories, for the year 2013. Mahindra and Mahindra private Ltd, the leading automobile manufacturer in India, had a big jackpot at Pitch Brand 50 – Awards. Mahindra was awarded two prestigious awards, in two different categories, giving it 2 consecutive wins on the fateful evening. The award winning product was Mahindra and Mahindra’s SUV, XUV500 for its sheer excellence and for surprising and exciting its consumers. The Mahindra and Mahindra’s Rise campaign, was also awarded on this evening at Pitch’s award. Pitch Brands 50 – awards was held on the 12 of June this year in Gurgaon at Leela Kimpinski. As contenders for the various awards, there were in all 120 highly admired brands. Various categories for the award this year, were divided into 10 categories, some of which were -Ageless Brands, Impactful Launches, Buzzy Brands, Rechargers, Social Marketers etc. The deciding committee at the Pitch’s Awards had various consulting members, with Ramesh Jude Thomas, as the President. Of the 10 categories, Mahindra and Mahindra was awarded as winner in two of the categories, Buzzy Brands and Rechargers. Mahindra’s SUV, model XUV500, was launched in the year 2011 and became very popular in India and recently in South Africa. It was awarded the first position at the 2012 Desert Storm Rally, which is the toughest test in India, for both the driver and the car. The car has a diesel engine with a total capacity of 2.2 litres. It was awarded the Buzzy Brands award at the Pitch’s brand 50 – awards, for the power of its drive and opinion regarding it among the consumers. The campaign launched by Mahindra and Mahindra, Rise, was awarded the Rechargers award at the Pitch brand 50 awards.With this award, it became evident that Mahindra and Mahindra has managed to keep its position in the market, even after so many years. What makes it more deserving is the fact, that all the 120 brands are popular and highly esteemed. We hope that Mahindra and Mahindra continues to surprise it’s client and keep up with it’s image in the market.
about 1 hour ago
Pres. Obama's 8-day Africa trip could cost taxpayers $100 million. U good w/ that?
Pres. Obama's 8-day Africa trip could cost taxpayers $100 million. U good w/ that?
about 2 hours ago
President Obama's 8-Day Africa Trip Will Cost Taxpayers Up To $100 Million
President Obama's 8-Day Africa Trip Will Cost Taxpayers Up To $100 Million
about 2 hours ago
Wales Under-20s captain Ellis Jenkins has hailed his side after a "special" win over South Africa at the IRB Junior World Championship.
Wales Under-20s captain Ellis Jenkins has hailed his side after a "special" win over South Africa at the IRB Junior World Championship.
about 3 hours ago
Pakistan-born spinner Fawad Ahmed remains in contention for the Ashes despite being sent to Africa on an Australia A tour at the same time
Pakistan-born spinner Fawad Ahmed remains in contention for the Ashes despite being sent to Africa on an Australia A tour at the same time
about 3 hours ago
After the release of more than 160 Chinese nationals who were detained in Ghana for illegal gold mining, What’s on Weibo’s Manya Koetse identifies distorted expectations in Chinese–Ghanaian employment relations as an underlyi...
After the release of more than 160 Chinese nationals who were detained in Ghana for illegal gold mining, What’s on Weibo’s Manya Koetse identifies distorted expectations in Chinese–Ghanaian employment relations as an underlying cause of the violent backlash against Chinese miners in the country. The post includes extended, translated comments from a Chinese resident of Ghana who laments his peers’ “abusive and discriminatory” attitudes, and compares their treatment of local women with Japanese soldiers’ use of ‘comfort women’ during the Second World War. The vulnerability of both Chinese employers and Ghanian employees is central to the problem. The Chinese are vulnerable because they are in a foreign and possibly hostile environment with a different language and culture, while there is a lot at stake for them in terms of financial investment. They expect honesty, proactivity and dedication from their workers in order for their mutual relation to be successful (Giese&Thiel 2012, 16). In exchange, they pay Ghanaians wages that often exceed the local average (2012, 6). The Ghanaians that work for the Chinese, on the other hand, are vulnerable because they are overall economically marginalized and uneducated young men. They come from a cultural background where one’s employer is also supposed to be one’s guardian and protector. Employment relationships are characterized by the employer taking care of his workers in terms of fees or gifts in order to build on long-term loyalty; the employment relation, in this way, somewhat resembles a family relationship. The Chinese employers do not get what they want from their Ghanaian workers (hard work and loyalty) because they do not give them what they want (symbolic gifts or extra fees) (Giese&Thiel 2012: 6,16). This results in structural dissatisfaction; a derailed relationship where discrimination and violence eventually emerges as the consequence of complete mutual misunderstanding. [Source] See also Edward Bishop’s video China in Africa, which presents a range of perspectives on China’s changing role: © cindyliuwenxin for China Digital Times (CDT), 2013. | Permalink | No comment | Add to del.icio.us Post tags: Africa relations, chinese diaspora, Ghana, gold, natural resources Download Tools to Circumvent the Great Firewall
about 3 hours ago
It’s India versus Sri Lanka and England against South Africa in the semifinals of the Champions Trophy.
It’s India versus Sri Lanka and England against South Africa in the semifinals of the Champions Trophy.
about 3 hours ago