The firm is set to launch an easy-to-build, preschool toy line for its latest show, broadcast on Nickelodeon. Spin Master has announced the launch of a new toy line in the US based on its entertainment brand Rusty Rivets, currently ...
Tags: Spin Master, Rusty Rivets
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
ZEISS Group of Oberkochen, Germany is fueling its growth strategy by expanding into the process control market. Through its new Process Control Solutions (PCS) business unit - part of the ZEISS Semiconductor Manufacturing Technology (SMT) ...
Tags: ZEISS, Control Market
Finnish packaging company Huhtamaki has agreed to acquire International Paper’s foodservice packaging operations in China for €15m. The acquisition will include two manufacturing units in Shanghai and Tianjin, which employ ...
Tags: Huhtamaki, Foodservice Packaging
Mercedes-Benz has started construction on a new engine plant in Poland, which will be the company's second facility for engines outside of Germany. The company is building a 50ha plant in Jawor by investing €500m in the site and ...
Tags: Mercedes-Benz, Car
Germany-based Heidelberger Druckmaschinen has acquired Fujifilm’s coatings and pressroom chemicals operations in the EMEA region. The acquisition allows the German firm to expand in the segment related to consumables. The ...
Tags: Fujifilm's Coatings, Chemicals
Seaboard Folding Box, a portfolio company of private equity firm Charter Oak Equity, has acquired paperboard specialist Imperial Packaging for an undisclosed price. Based in Pawtucket, Rhode Island, Imperial Packaging manufactures folding ...
Tags: Imperial Packaging, Seaboard
Delphi Automotive is planning to spin off its Powertrain Systems segment into a new, independent publicly traded company, which will allow it to focus on technology for electrically powered and self-driving vehicles. The transaction is ...
Blackford Capital has made an undisclosed investment in Indiana-based Ellison Bakery, a manufacturer of cookie, snack bar, crunch and inclusion product, and other products for the industrial market, food service industry, and retail and ...
Tags: snack bar, food service
US ride-hailing firm Lyft has raised $600m in new round of financing at a $7.5bn valuation. The investors in the funding round include KKR, Baillie Gifford, Alliance Bernstein, Canada’s Public Sector Pension Investment Board (PSP) ...
Tags: Lyft, self-driving car
French food manufacturer Cerelia has acquired Canada-based cookie specialist, English Bay Batter (EBB) for an undisclosed price. The acquisition is expected to accelerate Cerelia's development in North America. Headquartered in ...
US-based Outlook Group has purchased a new 17-inch, 8-color EF press with automated print pressure settings from printing and converting machines firm MPS Systems to boost its operations. Outlook Group is engaged in printing pressure ...
Tags: EF machine, Outlook Group
Constantia Flexibles Group, one of the world’s leading manufacturers of flexible packaging products and labels, surpassed annual sales of two billion euros in 2016 , the first time in its history. The company also achieved record ...
Tags: Constantia Flexibles, packaging
Ardian has divested its stake in Germany-based food company frostkrone for an undisclosed sum to Emeram Capital Partners. frostkrone, which was established in 1997, manufactures frozen finger food and snack products in Europe. The ...
Tags: Ardian, snack products
UK-based packaging firm RPC Group has signed an agreement to acquire Letica, a US-based manufacturer rigid plastic packaging and foodservice products, for $640m. Letica is engaged in manufacturing rigid plastic packaging and foodservice ...
Tags: packaging, RPC Group, rigid plastic