The Irish Dairy Board (IDB) has entered into an agreement to sell its Belgian continental cheese packing operation, IDB Belgium, to Netherlands-based Royal FrieslandCampina.

The transaction, which is subject to regulatory approval, is expected to be completed by 31 July 2012.

Proceeds from the transaction will be invested in furthering the IDB’s strategic growth plans and in international acquisition prospects.

Anadarko Petroleum has announced the discovery of a “significant” natural gas accumulation at one of its wells offshore Mozambique.

The discovery was made in the Offshore Area 1 of the Rovuma Basin. The Atum discovery well encountered more than 300 net feet (92 metres) of natural gas pay in two high-quality Oligocene fan systems, the company said.

Insight Imaging, based in Lake Forest, California, and Center for Diagnostic Imaging, based in Minneapolis, Minnesota, today announced plans to merge.

Together, Insight and CDI will form one of the largest medical imaging and related services organizations in the US, with a footprint of 116 fixed centers in 25 states and 90 mobile MRI and PET/CT units. The transaction is expected to close in July.

Canadian engineering consultancy Genivar has announced it will merge with its UK-based rival WSP.

Genivar will acquire all of WSP’s shares for around £278 million.

The companies said that given their complementary geographic footprints, end-market exposures and service offerings and limited client overlap, the business fit is expected to provide revenue diversification as well as enhanced capabilities to better serve their combined client base on a global basis.

Harry Winston Diamond Corporation announced its first quarter Fiscal 2013 results today for the quarter ending 30 April 2012. 

Consolidated sales increased 34 percent to $192.5 million for the first quarter compared to $143.9 million for the comparable quarter of the prior year. Operating profit was $18.7 million compared to $4.7 million in the comparable quarter of last year.

UK-based interim power solutions company Aggreko has joined forces with South Africa’s Shanduka Group to provide power from a gas field in Mozambique.

The two companies will provide a 107 MW power plant which will use gas from Mozambique’s Temane gas field to provide an interim power supply to South African power utility Eskom and its Mozambican counterpart, Electricidade de Moçambique (EDM).

Johnson Controls today participated in a signing ceremony in Tianjin, China to announce a planned $200 million automotive battery plant, pending final approval.

The state-of-the-art facility will supply automakers and the aftermarket in China with high quality maintenance-free lead-acid starter batteries and advanced batteries for start-stop vehicles.

Tremendous savings can be made on the cost of energy when customers band together to bid down the price, says Jeffrey D. Hiatt, and there are other ways to save, too.

In today’s economic climate, it’s vital to reduce expenses without impacting operations or service. In this regard, business owners in states where deregulation exists have an ace up their sleeve in the form of ‘reverse energy auctions’.