WestRock Company, a provider of differentiated paper and packaging solutions, announced results for its fourth quarter and fiscal year ended 30 September 2016. Fourth Quarter 2016 Highlights Recorded a loss of $0.34 per diluted share ...
Tags: WestRock, paper packaging
Gores Holdings has completed the acquisition of US-based fresh baked sweet goods maker Hostess Brands. The combined company will be renamed as Hostess Brands and will trade on NASDAQ under the symbols TWNK and TWNKW, respectively. Gores ...
Tags: Gores Holdings, Twinkies
SpartanNash has agreed to acquire certain assets of Indianapolis based Caito Foods Service and its Blue Ribbon Transport (BRT) logistic operations for approximately $217.5m. Additionally, SpartanNash will bear certain transaction costs ...
Tags: SpartanNash, Caito Foods
US-based food processing technology firm Provisur Technologies has acquired select assets of AMFE and BFD Corporation for undisclosed sum. The acquisitions are aimed at expanding its meat separation portfolio. AMFE, based in the ...
Tags: food processing, AMFE
Apple has leaked official images of the new MacBook Pro and the fabled contextual OLED touchbar, just two days before the expected reveal. A MacRumors reader found the pictures hiding in plain sight within the Apple Pay section of the new ...
Tags: MacBook Pro, TouchID
Apple is hosting an event on Thursday where it is expected to unleash a new MacBook Pro and there’s no doubting the most anticipated feature. The firm is rumoured to be ditching the keyboard’s top row of function keys in ...
Tags: Apple, MacBook Pro, OLED bar
Microsoft October 2016 Event: Today’s Microsoft keynote is finally over and we’ve been inundated with lots of big software and hardware news. Here’s what you need to know. Microsoft Event Overview Microsoft has ...
Tags: Windows 10, Surface Studio PC
Sale of 40% stake in Glencore Agricultural Products and creation of long-term partnership with CPPIB Glencore plc (“Glencore”) is pleased to announce that it has entered into a definitive agreement with Canada Pension Plan ...
Tags: Agricultural Products, Glencore
China based image detection and inspection solutions provider Focusight and AVT have developed a new cost-effective wide web inspection solution for printing and packaging applications. The new FA-Falcon integrates AVT’s inspection ...
Premium Brands Holdings has acquired 100% of the shares of Ontario based Belmont Meat Products for $50m. The purchase price of the acquisition is subject to certain customary adjustments. Premium Brands will be paying $49.2m in cash ...
Tags: Belmont Meat Products
JBT Corporation, a global technology solutions provider to high-value segments of the food & beverage industry, announced the completion of its previously disclosed agreement to purchase the assets of Cooling and Applied Technologies. The ...
Tags: beverage industry, JBT
Xylem Inc has set up a new pump rental and service business in Jebel Ali, Dubai to serve growing demand from the construction and infrastructure sectors, as well as municipal customers, across the Middle East and North Africa (MENA). The ...
US based global fruit and vegetable producer Dole Food Company has acquired TrucFrut farms and packing facilities in Chile for an undisclosed sum. The acquisition move is to increase volumes and variety of Dole’s produce, in ...
Tags: Dole Food, TrucFrut, acquisition
US-based sandwich producer AdvancePierre Foods has acquired raw and cooked beef and chicken Philly steak product maker Allied Specialty Foods from Steven Zoll for $60m in cash. However, the transaction amount is subject to certain ...
Tags: AdvancePierre Foods, Allied Specialty Foods, acquisition
The US Missile Defense Agency has awarded Raytheon Company of Waltham, MA, USA a contract modification to develop a transition to production process to incorporate gallium nitride (GaN) components into existing and future AN/TPY-2 radars. ...