US based Ketchup maker Heinz has signed a definitive merger agreement with Kraft Foods to form a new company, Kraft Heinz, to become the third largest food and beverage firm in North America and potentially fifth largest in the world. ...
WWE and Authentic Brands Group, LLC announced a joint venture for Tapout, a newly repositioned fitness lifestyle brand. Tapout is now the official fitness and training partner of WWE, and will be integrated across WWE’s global ...
Tags: WWE, Repositioned fitness, Sporting Goods
American food firm J. M. Smucker Company has completed the acquisition of Big Heart Pet Brands in a cash and stock transaction valued about $6bn. J. M. Smucker, which offers food products including peanut butter, jam and Folgers ...
Arkansas-headquartered Tyson Fresh Meats will invest $47m for a new boxed beef warehouse in Lexington, work for which, will begin this spring. To be built on the southeast corner of the existing beef complex, the 50,000ft2 warehouse, ...
In a NASDAQ filing, developer and marketer of digital textile printing machines, Kornit Digital, is offering 7.1 million shares at $13-15, a piece for its upcoming initial public offering (IPO). At this pricing range, Kornit will be ...
Tags: Kornit Digital, digital textile printing, printing machines
Xennia Technology said it has launched a full range of digital textile inks for printing of silk and polyamide fabrics including nylon and lycra, elastane and spandex. According to a Xennia Technology press release, Xennia Agate offers ...
Tags: Xennia Technology, digital textile inks, silk printing, polyamide fabrics
Meryl, the nylon fabric brand from Catalonian cloth company, Nylstar, has unveiled a new sustainable swimwear-specific material line for spring season. Devoid of any chemical or thermal finishing, the fabric collection offers a smooth ...
Tags: Meryl, Swimwear, Fabric Line
US-based corrugated box maker Welch Packaging is considering a $16.54m expansion that would help in the creation of 118 new jobs in the next three years. Welch Packaging specializes in making corrugated packaging, boxes and other ...
Tags: Welch Packaging, corrugated box
China's State Council has given approval for Hangzhou, an e-commerce hub, to set up the country's first cross-border e-commerce pilot zone, according to a statement released on Thursday. Hangzhou, capital city of East China's ...
G&K Services is now offering Dickies WorkTech Premium Performance Shirts designed with AeroCool performance mesh, which provides ventilation in key areas, ideal for people who work in high heat. Created using body heat mapping technology, ...
Tags: G&K Partners, Shirts
US-based packaging company Sonoco will acquire a majority interest in Brazilian flexible packaging business Graffo Paranaense de Embalagens for an undisclosed amount. Located in Pinhais, Curitiba, Graffo specialises in producing flexible ...
McCormick has taken over 100% shares of flavours producer Brand Aromatics for around $63m, a move that will expand the company's product portfolio. Headquartered in New Jersey, Brand Aromatics supplies natural savoury flavours, ...
Tags: McCormick, Flavours Producer, natural savoury flavours
Agribusiness and food company Bunge’s North American operating unit has acquired the assets of Heartland Harvest, the manufacturer of die cut pellets used to make extruded foods. The financial details of the transaction have not ...
Tags: Bunge's North American, Heartland Harvest, extruded foods
German manufacturer of offset printing presses Heidelberger Druckmaschinen will be acquiring the Europe-based Printing Systems Group (PSG) for an undisclosed amount. The company said that with this acquisition, Heidelberg will be able ...
Tags: offset printing, Packaging
US-based Bob Evans Farms has scrapped plans to sell or spinoff its sausage and refrigerated-food business. This comes after the company witnessed 18% decline in shares to $48.80. Sandell Asset Management, which owns over 7% of Bob ...