German industrial packaging firm Mauser Group has acquired the manufacturing assets of MaschioPack North America for an undisclosed amount. MaschioPack North America is engaged in manufacturing 275-gallon and 330-gallon Intermediate Bulk ...
Tags: industrial packaging
South African pulp and paper firm Sappi has acquired specialty paper business of Cham Paper Group for CHF146.5m ($149m). The deal, which was signed in December 2017, involves acquisition of CPG’s Carmignano and Condino Mills in ...
Digital energy firm Envision has partnered with Italian design company GFG Style have presented a new concept electric vehicle at the 2018 Geneva Motor Show. The concept car brings together beautiful design with beautiful energy, defining ...
Tags: Geneva Motor Show, Digital energy
US food giants Archer Daniels Midland (ADM) and Cargill have signed an agreement to create a joint venture (JV) to meet increasing customer demand for soybean meal and oil in Egypt. The JV, which will be equally owned by the partners, ...
Tags: Archer Daniels Midland, soybean
Nissan Motor and DeNA will start Easy Ride robo-vehicle mobility service trial in Japan, starting 5 March 2018. The field test, which will run until 18 March 2018, will take place in Minatomirai district of Yokohama, Kanagawa Prefecture. ...
Tags: Nissan, mobility service
Food and beverage giant Nestlé has purchased a majority stake in Terrafertil, a South American organic food company that manufactures plant-based foods and snacks. Financial terms of the transaction have not been disclosed by the ...
Tags: Nestle, Organic Food
Crown Holdings has released its financial results for the fourth quarter and year ended 31 December 2017. Net sales in the fourth quarter increased to $2,168 million compared to $1,923 million in the fourth quarter of 2016, reflecting ...
Tags: Crown Holdings
Bright Blue Foods (BBF) has agreed to acquire Greencore Group’s cakes and desserts business in Hull, UK for an undisclosed sum. The transaction along with an earlier announced closure of a desserts facility in Evercreech will enable ...
Tags: Bright Blue Foods, Cakes
Vietnam Beverage, ThaiBev’s domestic unit, has won a bidding to acquire 54% stake in Saigon Beer Alcohol & Beverage Corp (Sabeco) for $4.8bn. Sabeco is owned and under the authority of Vietnam's Ministry of Trade and Industry. The ...
Tags: Thai Beverage, Beverage
US-based differentiated paper and packaging solutions provider WestRock has signed agreements to acquire all of the assets of Plymouth Packaging, a corrugated packaging company, for an undisclosed amount. Under the terms of the deal, ...
Tags: Westrock, Plymouth Packaging
Graphic Packaging International (GPI) is set to invest $136m to modernize its Macon mill in Macon-Bibb County, Georgia. The statement was made by Georgia Department of Economic Development (GDEcD) and the Macon-Bibb County Industrial ...
Tags: Graphic Packaging, Packaging
Packaging firm Cascades has acquired four containerboard packaging plants in Ontario, Canada from Coyle family. The firm has also acquired 33% ownership stake in Tencorr, a manufacturer of sheet stock for box producers, as well as ...
Tags: Packaging, containerboard
Oncap has acquired US-based IntraPac International from funds managed by CI Capital Partners for an undisclosed sum. Based in Mooresville, North Carolina, IntraPac designs and produces specialty rigid packaging solutions such as including ...
Tags: personal care, household products
Plastico has partnered with Closed Loop Environmental Solutions to introduce the first Closed Loop compliant plastic cup in the UK. Slated to be launched in January 2018, each purchase of the cup will comprise of a contribution from the ...
Tags: Plastico, Disposable Cup
Taiwan's export orders received in October amounted to US$ 46.6 billion (NT$ 1.39 trillion) for a surge of 9.2 percent over last October, a single-month high in history and representing the 15th consecutive month of growth, according to the ...
Tags: smartphone, Apple