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Weetabix Limited
Weetabix Limited, trading as Weetabix Food Company, is a food processing company that is responsible for the production of breakfast cereal brands, including Weetabix, Alpen, Crunchy Bran and Ready Brek. The company also produces Puffins cereal and Snackimals snacks through their Barbara's Bakery division. History :''See History of Weet-Bix'' The food product was originally invented in Australia in the 1920s by Bennison Osborne. Osborne and his friend Malcolm MacFarlane successfully launched Weet-Biscs in Australia and New Zealand under the sponsorship of the owner of Grain Products Ltd., who soon sold the Australasian rights to the Australasian Conference Association Limited Sanitarium Health and Wellbeing Company. Osborne and MacFarlane decided to expand into South Africa and while there, they began the establishment of the British & African Cereal Company, Ltd., a Private Company, to start a venture in England under the Companies Act 1929 (Company No. 267687), where they ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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Private Equity
Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the companies. In casual usage "private equity" can refer to these investment firms rather than the companies in which they invest. Private-equity capital (economics), capital is invested into a target company either by an investment management company (private equity firm), a venture capital fund, or an angel investor; each category of investor has specific financial goals, management preferences, and investment strategies for profiting from their investments. Private equity can provide working capital to finance a target company's expansion, including the development of new products and services, operational restructuring, management changes, and shifts in ownership and control. As a financial product, a private-equity fund is private capital ...
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Queen's Awards For Enterprise
The King's Awards for Enterprise, previously known as The Queen's Award for Enterprise, is an awards programme for British businesses and other organizations who excel at international trade, innovation, sustainable development or promoting opportunity (through social mobility). They are the highest official UK awards for British businesses. The scheme was established as The Queen's Award to Industry by a royal warrant of 30 November 1965, and awards are given for outstanding achievement by UK businesses in the categories of innovation, international trade, sustainable development and promoting opportunity through social mobility. Each award is valid for five years: recipients are invited to a royal reception and are presented with the award at their company premises by one of the King's representatives, a Lord-lieutenant. Recipients are also able to fly the King's Awards flag at their main office, and use the emblem on marketing materials such as packaging and adverts. History ...
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Sustainable Packaging
Sustainable packaging is packaging materials and methods that result in improved sustainability. This involves increased use of life cycle inventory (LCI) and life cycle assessment (LCA) to help guide the use of packaging which reduces the environmental impact and ecological footprint. It includes a look at the whole of the supply chain: from basic function, to marketing, and then through to end of life (LCA) and rebirth.Jedlicka, W, "Packaging Sustainability: Tools, Systems and Strategies for Innovative Package Design", (Wiley, 2008), Additionally, an eco-cost to value ratio can be useful The goals are to improve the long term viability and quality of life for humans and the longevity of natural ecosystems. Sustainable packaging must meet the functional and economic needs of the present without compromising the ability of future generations to meet their own needs. Sustainability is not necessarily an end state but is a continuing process of improvement. Sustainable packagin ...
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River Ise
The River Ise is a river in Northamptonshire, England and a tributary of the River Nene. The river rises in a field that was part of the site of the Battle of Naseby in north-western Northamptonshire. The parish of Naseby lies across a watershed from which streams also flow to the rivers Avon and Nene. It flows east past Desborough and the Eleanor cross at Geddington, then through the grounds of Rushton Hall, before turning south and passing through the parkland of Boughton House where it was extensively canalised and landscaped in the late 17th century. It then flows between Kettering Kettering is a market town, market and industrial town, industrial town in the North Northamptonshire district of Northamptonshire, England, west of Cambridge, England, Cambridge, southwest of Peterborough, southeast of Leicester and north- ... and Barton Seagrave where its valley was excavated during the creation of Wicksteed Park to provide a large lake for public amenity use ...
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Environment Agency
The Environment Agency (EA) is a non-departmental public body, established in 1996 and sponsored by the United Kingdom government's Department for Environment, Food and Rural Affairs, with responsibilities relating to the protection and enhancement of the environment (biophysical), environment in England (and until 2013 also Wales). Based in Bristol, the Environment Agency is responsible for flood management, waste management, regulating land and water pollution, and conservation. Roles and responsibilities Purpose The Environment Agency's stated purpose is, "to protect or enhance the environment, taken as a whole" so as to promote "the objective of achieving sustainable development" (taken from the Environment Act 1995, section 4). Protection of the environment relates to threats such as flood and pollution. The vision statement, vision of the agency is of "a rich, healthy and diverse environment for present and future generations". Scope The Environment Agency's remit c ...
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Bokomo
Bokomo Foods ("The Goodness of Home") is the largest breakfast cereal company in South Africa, and is a division of Pioneer Foods (Pty) Ltd. History Bokomo Foods () started as a wheat co-operative about 80 years ago and has since grown and expanded greatly to become one of South Africa's largest manufacturer of cereals. Bokomo also has a base in the United Kingdom as well as an alliance with Sanitarium, an Australian food manufacturer. Over the years, Bokomo broke into the baking and dessert market, acquiring Moir's, South Africa's largest range of baking products. More recently, they also acquired Kwality Biscuits, the manufacturer of products such as ''Romantic Dreams'', ''Munch-A-Lot'', ''Centre Court'' and ''Vinta''. Many Bokomo products are endorsed by the Heart & Stroke Foundation of South Africa. In 2020, Pioneer Foods was acquired by global soft-drinks giant PepsiCo. Products Source: * Bokomo Rusks * Crumbs and coatings * Moir's desserts and baking products * ...
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Controlling Interest
A controlling interest is an ownership interest in a corporation with enough voting stock shares to prevail in any stockholders' motion. A majority of voting shares (over 50%) is always a controlling interest. When a party holds less than the majority of the voting shares, other present circumstances can be considered to determine whether that party is still considered to hold a controlling ownership interest. In the United States, Delaware corporations have a 2/3 vote requirement for a motion to pass. In theory, this could mean that a controlling interest would have to be over two-thirds of the voting shares. A 2019 study published in the Virginia Law Review said dual-class stock structures, common to newly public technology companies, creates governance risks and costs, including the potential loss of economic value for non-voting shares held by public investors. See also * Consolidation (business) * Holding company * Minority interest * Parent company * Subsidiary A subsi ...
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Baring Private Equity Asia
Baring Private Equity Asia (BPEA) was an Asian investment firm headquartered in Hong Kong. It was founded in 1997 as an affiliate of Barings Bank before becoming an independent firm in 2000. In 2022, it was acquired by EQT AB to act as its Asian investment platform. It was subsequently renamed to BPEA EQT and then EQT Private Capital Asia. History BPEA was founded in 1997 as a subsidiary of Baring Private Equity Partners which was an affiliate of Barings Bank. In addition to BPEA, the affiliates of Baring Private Equity Partners include Baring Vostok Capital Partners, Baring Private Equity Partners India and GP Investments. Jean Salata and two other senior colleagues from the investment arm of American International Group, AIG were set to run it with the ING Group providing $300 million in seed money. However, the two colleagues pulled out and ING downsized its commitment to $25 million due to the collapse of Barings Bank and the Asian financial crisis. However, des ...
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State-owned Enterprise
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce. The government typically holds full or majority ownership and oversees operations. SOEs have a distinct legal structure, with financial and developmental goals, like making services more accessible while earning profit (such as a state railway). They can be considered as government-affiliated entities designed to meet commercial and state capitalist objectives. Terminology The terminology around the term state-owned enterprise is murky. All three words in the term are challenged and subject to interpretation. First, it is debatable what the term "state" implies (e.g., it is unclear whether municipally owned corporations and ente ...
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State Council Of The People's Republic Of China
The State Council of the People's Republic of China, also known as the Central People's Government, is the chief administrative authority and national cabinet. It is constitutionally the highest administrative organ of the country and the executive organ of the National People's Congress, the highest organ of state power. It is composed of a premier, vice-premiers, state councilors, ministers, chairpersons of commissions, an auditor-general, the governor of the People's Bank of China, and a secretary-general. The premier of the State Council is responsible for the State Council and exercises overall leadership of its work. The secretary-general of the State Council, under the leadership of the premier, is responsible for handling the daily work of the State Council and heads the General Office of the State Council. The executive meeting of the State Council, consisting of the premier, vice-premiers, state councilors, and the secretary-general, is held two to three times a ...
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Bright Food
Bright Food (officially Bright Food (Group) Co., Ltd.) is a Chinese multinational food and beverage manufacturing company headquartered in Shanghai. It is the second-largest Chinese food manufacturing company measured by 2011 revenues. The company is wholly owned by the Shanghai Municipal People's Government via Shanghai Municipal Investment Group and another sister company. Bright Food has four listed subsidiaries. Bright Dairy & Food Co., Ltd., Shanghai First Provisions Store Co., Ltd., Shanghai Maling Aquarius Co., Ltd. and Shanghai Haibo Co., Ltd. History In 1954, Songjiang Division Office decided to build a farm on the seashore of Fengxian. In 1959, Shanghai Municipality also decided to build farms on Chongming Island. At the time of 1960, 16 farms are built on the beach in Fengxian County and on Chongming and Changxing Islands. To administrate these farms, Shanghai Agricultural Reclamation Administration () was set up in 1963 and was renamed to Shanghai Farm Administ ...
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