Finland-based self-adhesive label materials producer UPM Raflatac has purchased the assets of Texas-based paper and forest products company Southwest Label Stock for an undisclosed amount. The acquisition will enable UPM Raflatac to ...
Private equity firm GenNx360 Capital Partners has signed an agreement to sell its portfolio company Novel Ingredients to specialty ingredients provider Innophos Holdings. Novel Ingredients, which was acquired by GenNx360 in March 2014, is ...
Tags: Innophos, raw materials
For fiscal first-quarter 2018 (ended 1 July 2017), Qorvo Inc of Greensboro, NC, USA (which provides core technologies and RF solutions for mobile, infrastructure and defense applications) has reported revenue of $639.9m, down slightly on ...
Tags: Qorvo, IDP product
Midland Regional Printers will install Easymatrix to increase its die-cutting capacity at its Nottingham facility in the UK. The die-cutter is a 7,700 sph machine which can handle stocks of 90 to 2,000gsm (and corrugated up to 4mm ...
French automaker PSA Group (Groupe PSA) has completed the acquisition of General Motors' (GM) European brands Opel and Vauxhall. With the acquisition now being officially complete, PSA Group has become the second largest automaker in ...
Tags: PSA Group, General Motor
Starbucks has agreed to acquire the remaining stake of 50% in East China joint venture (East China JV) from Uni-President Enterprises Corporation (UPEC) and President Chain Store Corporation (PCSC). Starbucks will pay $1.3bn in cash and ...
Monocrystal Inc of Stavropol, Russia, which manufactures large-diameter synthetic sapphire substrates and cores for LED, optical product and RFIC applications, has shipped its 150-millionth two-inch equivalent (TIE) product. Since its ...
Tags: Monocrystal, optical product
Didi Chuxing and SoftBank Group will invest up to $2bn to lead Grab’s current financing round, which expects to raise $2.5bn in total. The investment upon completion will allow the ride-hailing company to strengthen its position in ...
Tags: Hailing Firm Grab
The KHS Group, a manufacturer of filling and packaging systems for the beverage, food and non-food industries, will launch a compact labeler, Innoket Roland 40, at Drinktec 2017 trade show to be held in Munich, Germany, from September 11 to ...
Tags: Compact Labeler, Spirits Bottlers
The British Plastics Federation recently held its second ‘Mould Tour’, which took place at the Stewart Company facility in Banbury. The event gave attendees a unique opportunity to learn about the Stewart Company’s ...
Canon Solutions America has added two new flatbed cutters to its Colex Sharpcut product line. The Colex Sharpcut range of Digital Finishing System was introduced last year as an entry-level cutting solution for customers. With the new ...
Tags: Canon, Sharpcut product
Lincoln Hill's newly formed portfolio firm Fibre Tec Packaging has acquired substantially all of the assets of Fibre-Tec Partitions. The Company was founded in 1997 and serves box manufacturers, packaging brokers, manufacturers, and ...
Tags: Lincoln, Fibre Tec Packaging
American packaging company Crown has reported net sales of $2.16bn for the second quarter of 2017, compared to $2.14bn for the same period in 2016. Increase in sales has been attributed to increased global beverage can volumes and pass ...
The Dow Chemical Company has developed a range of flexible packaging solutions to meet the requirements of the e-commerce market in Asia Pacific region. The company said that its patented expanded polyethylene (EPE) foam technology is a ...
Epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK says that, for first-half 2017, it expects revenue of about £70m, reflecting increased sales in each of its three primary markets. “All business units have ...