Belgium-based VPK Packaging Group has agreed to acquire a 30% stake in corrugated sheet manufacturer CorrBoard UK for an undisclosed price. As part of the transaction, VPK Packaging has agreed for a capital increase and will acquire the ...
Tags: VPK Packaging, Packaging
US global private equity firm, The Riverside Company, has agreed to acquire Texas-based food ingredients company Parker Products for an undisclosed price. Parker Products serves the baking, dairy, beverage, confectionery, RTE and snack, ...
Tags: Riverside, Food Ingredients, Parker Products
Heraeus Photovoltaics has signed a cooperation agreement with Ulbrich of Austria to partner on module assembly and packaging solutions. Under this cooperation agreement, the two companies will focus on developing innovative products for ...
Tags: packaging, Photovoltaics
Chicken producer Pilgrim's Pride has agreed to acquire JBS’ British poultry unit Moy Park for $1.3bn to expand its portfolio of prepared foods. By adding Moy Park’s operations in the UK and Continental Europe, Pilgrim's Pride ...
Tags: poultry meat, prepared foods
American branded food giant Hormel Foods has purchased Italian meats company Fontanini Italian Meats and Sausages from Capitol Wholesale Meats for $425m. Based in Chicago, Fontanini is a branded foodservice business which was established ...
Tags: Hormel Foods, Meats
Berlin Packaging, a supplier of plastic, glass, and metal containers and closures, has appointed Kenneth Edwards as the executive vice president of supply chain. Bringing more than 30 years' experience in procurement and manufacturing ...
Tags: Berlin Packaging, Packaging
Japanese automaker Nissan has agreed to sell its electric battery business to GSR Capital, a Chinese investment firm, for an undisclosed amount. As per the agreement, Nissan will be selling its battery subsidiary Automotive Energy Supply ...
Tags: Nissan, Electric Battery
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
Epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK says that, for first-half 2017, it expects revenue of about £70m, reflecting increased sales in each of its three primary markets. “All business units have ...
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
Swedish confectionery and nuts company Cloetta has agreed to divest Cloetta Italy to Katjes International. The sale equals an Enterprise Value (EV) of approximately SEK 450m. The proceeds will generate a positive net cash effect of ...
Tags: Cloetta
The upcoming Galaxy Note 8 smartphone's long-rumoured dual camera module could trump rival offerings, if a new report is to be believed. Over the past year, we’ve seen several phone makers opt for dual-camera designs on their ...
Tags: Galaxy, Note 8, smartphone
Details of the upcoming Moto X4 have seemingly been revealed, with a dual camera setup and IP68 water resistance tipped to appear. The information comes via VentureBeat where renowned tipster Evan Blass, aka @evleaks, has provided an ...
Tags: Moto X4, Dual Camera
The number of iPhone 8 handsets available for purchase at launch may be more limited than usual, according to a new report. Every year, Apple announces an iPhone in September, and then proceeds to sell them by the bucketload. But this ...
Tags: iPhone 8, handsets, OLED panels
The Galaxy Note 8 could be Samsung’s most expensive smartphone ever, if a new report is to be believed. The average price of flagship smartphones has been creeping steadily upwards for years now. Pair that with the UK’s ...
Tags: Samsung, Galaxy Note 8