Commodities giant Archer Daniels Midland has said it is continuing to increase its investment outside the US in light of the country's drought pushing corn prices up. ADM COO Juan Luciano told analysts yesterday (31 July) the company has ...
Tags: Archer Daniels Midland, investment, corn price, food industry
The two companies will form a combined company to create a global provider of device lifecycle services and applications for the mobility industry Technology distributor and supply-chain services provider Ingram Micro has signed an ...
Tags: lifecycle services, Ingram Micro, wireless industry, BrightPoint
US-based packaging provider Graphic Packaging has signed an agreement to acquire a UK-based packaging provider Contego Cartons. Graphic Packaging will pay about £71m in cash and about £10m in the form of other net liablilties ...
Tags: agreement, acquisition, synergies
Dubai-based biaxially oriented polypropylene film (BOPP) producer Taghleef Industries (Ti) has closed the previously announced deal to acquire Applied Extrusion Technologies (AET Films), a North American supplier of oriented polypropylene ...
American International Group (AIG) has signed a multi-year renewal agreement with Best Buy to further expand its role as the Geek Squad Protection plans provider in US. Under the renewal agreement, AIG will continue to serve as Best Buy's ...
Tags: American International Group, Geek Squad Protection plans, Best Buy
GE Capital, Corporate Finance has provided a $143m cash flow credit facility for Taghleef Industries, a UAE-based producer of plastic and packaging films. The financing was used by the company to acquire Applied Extrusion Technologies ...
The deal, announced this morning, will give Graphic Packaging a stronger foothold in the European market and will add to its beverage cartons operations. For Contego, the sale of the business – which has sites in Leeds and ...
Tags: Contego, sell, food carton, packaging, Graphic Packaging, beverage carton
IDG News Service-Nokia Siemens Networks is selling off its second business unit in less than a week,and has announced the closure of another,as it focuses on its more profitable mobile broadband networking activities. Canadian company ...
Tags: Nokia, Siemens, mobile broadband networking
Canada has become the latest country to approve the use of stevia in food and beverages. Health Canada said on Friday (30 November) it has authorised the use of the sugar substitute as a food additive for products. Previously it was only ...
Tags: stevia, food, beverages, food additive, sweetener
Graphic Packaging has announced an agreement to acquire the Food and Consumer Carton business of UK's packaging company Contego Cartons for £81m. Graphic Packaging president and chief executive officer David Scheible said the ...
Tags: Graphic Packaging, folding carton facilities, paperboard
ACCO's acquisition of Mead's Consumer & Office Products business in the US has been finalised. "We are also significantly diversifying our global footprint," said ACCO CEO Bob Keller. "Our new colleagues from the Mead business bring ...
Tags: ACCO, expands global, acquisition
American multinational chemical firm Dow has announced that its Omega-9 Oils have addressed one of the company's 2015 sustainability goals in the area of health,by eliminating more than one billion pounds of trans and saturated fat from the ...
Tempur-Pedic International Inc,the leading manufacturer,marketer and distributor of premium mattresses and pillows worldwide,and Sealy Corporation,a leading global bedding manufacturer,announced that they have signed a definitive agreement ...
Tags: bedding manufacturer, mattresses, pillows, pressure-relieving material
Smith Electric Vehicles(Smith),a provider of all-electric commercial vehicles,has unveiled the Newton Step Van at the NTEA Work Truck Show,North America's vocational truck and equipment event. The new model which is an ...
Tags: Smith, Electric Vehicles, NTEA
Oclaro of San Jose,CA,USA,which makes lasers and optical components,modules and subsystems for the optical communications,industrial and consumer laser markets,has agreed to sell the assets of its Santa Rosa thin-film filter business to ...
Tags: Oclaro, Thin-Film Filter