Packaging manufacturer Coveris has agreed to divest its Americas packaging business to Transcontinental (TC Transcontinental) in a deal worth $1.320bn. Coveris Americas, which is a subsidiary of Sun Capital Partners portfolio firm ...
The UK Government is planning to introduce a deposit return scheme for single-use drink containers including plastic, glass or metal, to increase recycling rates and reduce plastic pollution. The scheme, which is subject to consultation, ...
National Agricultural Development Company (NADEC) has agreed to acquire 100% of Al Safi Danone (ASD) for an undisclosed price to consolidate its position in Saudi Arabian dairy market. ASD is a joint venture between the Saudi Arabia-based ...
Packaging firm Sonoco has agreed to acquire US-based Highland Packaging Solutions for about $150m in cash. Based in Plant City of Florida, Highland Packaging manufactures thermoformed plastic packaging solutions for fresh produce and ...
Tags: Packaging, dairy products
RPC Group, a UK-based plastic packaging solutions provider, has agreed to acquire industrial and consumer packaging firm, Nordfolien, for €75m. Nordfolien is engaged in the design and manufacturing of polythene films for industrial ...
Tags: plastic packaging
Canadian global automotive supplier Magna and US ridesharing firm Lyft have partnered to jointly fund, develop, and manufacture self-driving systems. Apart from funding the partnership, Magna agreed to invest $200 in Lyft. The ...
Tags: Magna, Self-Driving Systems
Glass packaging provider Allied Glass has designed a new bottle for Blackwoods’ new spirit range. Blackwoods, which is owned by Hi-Spirits, is claimed to be the world’s first vintage gin, made with harvested Shetland ...
Tags: Allied Glass, Bottle
CCL Industries, a provider of specialty label, security and packaging solutions, has agreed to acquire Treofan America and Trespaphan Mexico from their parent firm M&C in a deal worth $225m. The entities considered for acquisition ...
Tags: CCL Industries, packaging
Fuisz Pharma has announced the issuance of a new patent, US 9,901,545 (the “’545 Patent”) concerning the manufacture of oral thin film pharmaceuticals. The ‘545 Patent is entitled: “Method and composition for ...
Fonterra Ventures has partnered with German active nutrition start-up foodspring via an investment in its parent firm, Goodminton. The new partnership will enable Fonterra to tap into the rapidly growing active nutrition consumer segment, ...
Tags: Fonterra, Start-up Foodspring
Archer Daniels Midland (ADM) has agreed to acquire 50% stake in the sweeteners and starches business of Russia-based Aston Foods and Food Ingredients. ADM Europe, Middle East and Africa president Pierre Duprat said: “ADM has ...
Tags: Sweeteners, Aston Foods
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
PIX4life – a European pilot line within the European Horizon 2020 initiative that offers photonic integrated circuits for biophotonics and life-sciences applications – says that, after two years of internal development, it is ...
Tags: integrated circuits
Danish Crown’s Polish meat business Sokolow has revealed its intentions to acquire its rival Gzella Meat Group. Gzella Meat's operations are confined to the northern region of Poland. The deal between the two Polish meat firms ...
Tags: Polish meat, Gzella Meat
Nestlé has agreed to sell its US confectionery business, made up of more than 20 brands, to Italian confectionery giant Ferrero for $2.8bn. The confectionery business of Nestle in the US makes up about 3% of US Nestle Group sales. ...