Conner Industries, a provider of integrated packaging solutions, has received from existing investors additional growth capital which, when added to the investment made in April 2017, totals $10m. The capital infusion will be used for ...
UK-based private equity firm Mayfair Equity Partners has acquired a majority stake in bakery company Promise Gluten Free. Based in Donegal, Ireland, Promise was founded in 2011 by Declan Gallagher, Tom Doyle and Ciaran Lally. Promise is ...
Tags: Cuisine Royale, gluten
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 ...
Renewable fiber-based packaging, pulp and paper products producer International Paper has elected Christopher Connor to its board of directors effective 1 October 2017. Mr. Connor, age 61, retired as Executive Chairman of The ...
Tags: packaging, paper products
Kush Bottles reported financial results for its wholly-owned subsidiary CMP Wellness (CMP), a distributor of vaporizers, cartridges and accessories acquired by Kush Bottles on May 1, 2017, in an 8-K filed with the Securities and Exchange ...
Tags: Kush Bottles, CMP Wellness
Volvo has announced it will manufacture all its cars with either a hybrid or electric engine as of 2019, in a move that will likely be seen as a significant step in reducing carbon emissions. The company called the change a "historic ...
Tags: Volvo, Electric Cars
UK-based corrugated cardboard maker DS Smith has signed a conditional agreement to acquire a majority stake in US packaging firm Interstate Resources from Merpas for $920m. DS Smith and its US subsidiary DS Smith Holdings have signed the ...
Tags: corrugated cardboard, packaging
Ecuadorian dairy firm Tonicorp has opened a new dairy production plant in Guayaquil. The inauguration ceremony was chaired by the President of Ecuador, Lenín Moreno, together with directors of Arca Continental and The Coca-Cola ...
Tags: dairy, dairy Facility
International Paper has agreed to settle the Kleen Products antitrust class action lawsuit, which was filed in 2010 against it and seven other containerboard producers. The lawsuit is pending in the US District Court for the Northern ...
Georgia-Pacific has announced that its Palatka, Florida, mill has been selected as the location for the company's previously announced investment of more than $400m in its GP Consumer (retail) tissue and towel business. The investment ...
UK Competition and Markets Authority (CMA) has found that Heineken’s £403m bid to acquire Punch Taverns estate could reduce competition in over 33 places across the country. The regulator has asked the Dutch brewing company to ...
Tags: Heineken, Taverns Acquisition
Advent International backed Sovos Brands has agreed to acquire Rao's Specialty Foods, the owner of Rao's Homemade pasta sauce made from natural ingredients. The transaction is expected to be completed during the third quarter of this ...
Tags: Sovos Brands, Specialty Foods
Packaging solutions provider Molins has agreed to divest its instrumentation and tobacco machinery (I&TM) division to Coesia subsidiary G.D S.p.A for around £30m. The company intends to use the proceeds from the deal to invest in ...
Tags: Packaging, Tobacco Machinery
Canada-based Brick Brewing has completed a brand licensing agreement for the rights to the Chudleigh's brand for cider. The agreement is for an initial ten-year term, with provision for further extensions. “This is an exciting ...
Tags: Brick Brewing, cider
DS Smith has acquired multi material packaging solutions provider DPF Groupe for an undisclosed sum. DPF Groupe is specialized in the manufacturing of multi-material packaging products such as cardboard, foam, wood and others. With ...
Tags: Material Packaging, packaging