European consumer goods major Groupe SEB has acquired Swiss company Swizzz Prozzz, which manufactures mini hand choppers with high performance multi blade systems. The acquisition will enable Groupe SEB to extend its reach in kitchen utensils and tools market in Europe. Swizz Prozzz records revenues to the tune of €8-10 million in a year. Pursuing
Groupe SEB marks increase of 35.9% to 2.94 billion Euros for the initial period of six months of 2017. The net profit of the company touched $83 million Euros. The company boasts about its enthusiastic collaboration with WMF that the company overtook in 2016. Whooping one-third increase in profits confirms that the association will bring
Cold pressed juices are here to stay. Why? These beverages are high demand products due to their high nutritional content value and a decent shelf life. It is projected that cold pressed juices market is going to dominate the beverage industry and will soon replace Pepsis and Cokes. Though every trend runs its own course
LED lighting may seem to be expensive to all of us. Definitely it will cost you much more when you buy let’s say a LED bulb. But that can be an investment generating returns in the long run. Yes, LED companies like Philips have claimed that their bulbs can last as long as 10 years,
It is no secret that Saudi Arabia is trying its hardest to diversify its economy. Countless litres of ink has been wasted on the need for diversification, the nature of the oil market and oil prices etc. Wiser heads have been discussing these issues at length and have offered a diverse set of opinions on
While domestic FMCG players like Dabur and Jain Agro have already made a foray into packaged coconut water market in India, global bellwether Coca Cola is now all set to launch it in India. Coke is test marketing the product in the country in the recent past. In 2013, Coke had acquired the US coconut
