Otsuka Pharmaceutical has agreed to acquire Canada-based Daiya Foods which specializes in the manufacturing plant-based foods. The acquisition, reported at 405 million Canadian dollars, is expected to help increase Daiya's presence ...
Tags: Otsuka, plant-based foods
US-based packaging firm Sonoco has completed its purchase of flexible and forming plastic packaging films manufacturer Clear Lam Packaging for about $170m. Clear Lam Packaging, which was established in 1969, operates manufacturing plants ...
Tags: Sonoco, Lam Packaging
Schwan’s Company has acquired from Better Baked Foods and Drayton Foods from NE Foods. The terms of the sale were not disclosed. The acquisition represents the second in as many months for Schwan’s as it works to increase ...
Tags: Drayton Foods, Baked Foods
Chinese paper and pulp company Anhui Shanying Paper Industry has agreed to acquire Swedish firm Nordic Paper from Special Situation Venture Partner lll and Petek. Special Situation Venture Partner lll and Petek, each hold 60% and 40% ...
Tags: Nordic Paper, Anhui Shanying Paper
Packaging and specialty products provider Supremex has acquired folding cartons supplier Staurt Packaging for $17.5m on a cash-free and debt-free basis. Supremex will pay an additional amount of about $2.1m in two years based upon ...
US-based spice manufacturer McCormick & Company has agreed to acquire the food division of British consumer goods firm Reckitt Benckiser (RB) for $4.2bn to strengthen its flavor and condiments portfolio. The acquisition of RB Foods ...
Tags: consumer goods, RB Foods
Sovos Brands, a new food and beverage firm established by Advent International, has completed its the acquisition of Rao's Specialty Foods. Financial terms were not disclosed. Rao's Specialty Foods is the second acquisition in less than ...
Tags: Specialty Foods, food, beverage
San Diego-based craft brewery Coronado Brewing is acquiring a majority interest in Monkey Paw Brewing. The move allows Monkey Paw to share in Coronado’s resources, further developing the brand, while simultaneously maintaining the ...
British snacking company KP Snacks agreed to buy Butterkist, the popcorn business of Tangerine Confectionery for an undisclosed price. The acquisition will also include the manufacturing facility of Butterkist located in Pontefract, West ...
Packaging Concepts & Design (PC&D) and O2 Investment Partners (O2) have acquired Packaging Specialists, Southwest (PSI) for an undisclosed sum. PSI, which was established in 1976, is headquartered in Phoenix, Arizona, US. It designs and ...
Tags: Packaging, protective packaging
Revere Packaging has acquired custom trays and container manufacturer Plastic Package for an undisclosed sum. The combined business will be headquartered in Shelbyville in the state of Kentucky. It will meet the current and future food ...
Tags: Revere Packaging, Package
Chinese manufacturing company Truking Group has completed the acquisition of a majority shareholding in Germany-based Romaco. The sale, which was announcved in May, gives Truking a 75% stake in Romaco. Former owner, provate equity fund ...
Tags: Truking
Teasdale Latin Foods, which is majority owned by private equity firm Snow Phipps Group, has acquired Rudy's Tortillas, a provider of high quality tortillas and chips into the foodservice channel. Founded in 1945 and based in Carrollton, ...
Tags: Teasdale Latin Foods, foodservice
Semiconductor packaging and electronic assembly solutions provider Kulicke & Soffa (K&S) has expanded its advanced packaging presence with the acquisition of privately held Dutch packaging company Liteq. Financial terms of the acquisition ...
Tags: Semiconductor packaging, packaging
Kulicke & Soffa said it will participate at SEMICON West trade show, which is being held in San Francisco, California. The company will give a video illustration of its lithography solution, developed for advanced packaging at the trade ...
Tags: SEMICON West, EV