Pioneer Food will acquire full ownership of Heinz Foods South Africa (Heinz Foods SA) by purchasing the remaining 50.1% stake in the joint venture (JV) from Kraft Heinz Company’s subsidiary Heinz SA. Financial terms of the ...
Tags: Pioneer Food, Heinz Foods
Citic Capital China Partners is in advanced talks with Oaktree Capital Management to acquire French cosmetic packaging solutions provider Axilone. Based in Paris, Axilone designs and manufactures plastic and metal packaging solutions for ...
Tags: Citic Capital, Cosmetics Packaging
American food company Hormel Foods has agreed to acquire deli meat and salami company Columbus Manufacturing from Arbor Investments for about $850m. The acquisition places Hormel as a complete deli solutions provider and also boost its ...
Tags: Hormel Foods, authentic products
Constantia Flexibles has completed the €1.15bn ($1.3bn) divestiture of its labels division to Ohio-based printing company Multi-Color Corporation following the receipt of regulatory authorities. As part of the deal, Constantia ...
Tags: Constantia Flexibles, labels
Hearthside Food Solutions has agreed to acquire Standard Functional Foods Group (SFFG), a unit of Standard Candy Company, subject to regulatory approval and customary closing conditions. SFFG is a contract manufacturer of nutritional and ...
Tags: Hearthside Food, Functional Foods
US and California regulators have approved a fix for about 38,000 Volkswagen Generation 2.1 and 2.2 3.0L TDI V6 vehicles. The 38,000 cars include not only Volkswagen models, but also from its affiliates such as Audi and Porsche as well. ...
Tags: Volkswagen, Diesel SUV
Graphic Packaging will create a $6bn paper-based packaging firm by combining with International Paper’s (IP) North American consumer packaging business. IP has agreed to contribute its business for around $1.8bn, of which $660m will ...
Tags: Graphic Packaging, packaging
Toyo Printing Inks plans to exhibit its latest innovations in food and non-food packaging solutions during the Eurasia Packaging Fair 2017 in Istanbul, Turkey. The solutions to be demonstrated by the printing ink manufacturer are claimed ...
Tags: Toyo Printing, Packaging
Vetter has unveiled plans to expand the secondary packaging capabilities at its facility in Ravensburg, Germany. Vetter’s existing secondary packaging facility is being expanded to meet the growing customer needs and market demand ...
The Ferrero Group has agreed to acquire Illinois-based non-chocolate confectioner Ferrara Candy from private equity firm L Catterton for an undisclosed price to expand its US business. The transaction made by an affiliated company of ...
Food testing services provider Eurofins Scientific has acquired Institut Nehring, a food testing laboratory in the German market. Institut Nehring was established in 1905; today the company is well-known in the German market thanks to its ...
Tags: Eurofins, Food Testing Lab
UPM Raflatac is set to introduce new labeling solutions for medical device and healthcare industry at this year’s CPhl Innopack exhibition in Germany. The event will take place between 24 and 26 October. At the event, the company ...
Tags: Labeling Solutions, Medical Device
For more than a decade, ICTI Care has worked with the global toy industry to ensure that toys are manufactured responsibly and ethically, protecting the rights and well-being of millions of toy factory workers. ICTI Care and the Toy ...
Tags: Toy, toy industry
Unilever has agreed to acquire Brazilian natural and organic food business Mae Terra for an undisclosed price to boost its food portfolio. The consumer goods giant expects the acquisition of the Brazilian food manufacturer to accelerate ...
Tags: Unilever, Organic Food
Dawn Meats has closed its strategic partnership and acquisition agreement with Dunbia after securing all relevant regulatory approvals. Dawn has agreed a strategic partnership with Dunbia to establish a joint venture in the United Kingdom ...
Tags: Dawn Meats, Meats