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 ...
Food and agriculture investment firm Arlon Group has purchased a minority stake in Brazil-based CBL Alimentos (Betania). Betânia is the largest dairy company in the Northeast Region of Brazil, producing fluid milk, dairy drinks and ...
Tags: Arlon, milk production
Sovos Brands, a new food and beverage firm established by Advent International, has completed its the acquisition of Rao's Specialty Foods. Financial terms were not disclosed. Rao's Specialty Foods is the second acquisition in less than ...
Tags: Specialty Foods, food, beverage
British snacking company KP Snacks agreed to buy Butterkist, the popcorn business of Tangerine Confectionery for an undisclosed price. The acquisition will also include the manufacturing facility of Butterkist located in Pontefract, West ...
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
Heidelberg UK managing director Gerard Heanue has been elected as the new chairman of Picon, the confederation supporting UK printing industry manufacturers and suppliers. He succeeds Robert Flather, managing director of Kolbus UK. ...
Tags: Heidelberg, printing industry
Futamura has reported better sales growth and record levels of operational efficiency in the year since its purchase of Innovia Films’ cellulose business. The acquisition was announced back in April last year. The company stated ...
Tags: Futamura, compostable packaging
Advantis is scheduled to receive the custom made canning machine that N2Pack manufactured for them by the end of this month. The company is working to allow for the Amstercan packaging solution to set up mobile canning services with their ...
Tags: Advantis, Canning Machine
Volvo has said that its Polestar performance division is set to become a standalone high-performance electric car brand. Volvo acquired 100% stake in Polestar Performance in July 2015 and both the companies have been working together in ...
Tags: Volvo, electric car
Mercedes-Benz, a division of German firm Daimler, is commencing construction work for a new passenger car plant in Russia. “Establishing a passenger car production in Russia is a strategic investment in an important sales market for ...
Tags: Mercedes-Benz, Passenger Car
Precision has acquired Meyer Industries, a manufacturer of conveyor systems and equipment for the food processing industry. Meyer has earned a reputation for the ability to provide customized solutions to its customers including high ...
Tags: Precision, Meyer Industries, food processing
Coding and labelling solutions provider Interactive Coding Equipment (ICE) has appointed three new sales engineers to support business growth across the UK. The recruits, which have together amassed over 65 years of industry experience ...
Tags: Coding Equipment
Envision Plastics has received a no-objection letter from the US Food & Drug Administration (FDA) to use its EcoPrime product in packaging for fatty foods and spirits. The letter was issued under FDA’s conditions of use A through H ...
Tags: Fatty Foods, Spirits
US-based corrugated packaging firm WestRock has completed the acquisition of Multi Packaging Solutions International (MPS) for a total enterprise value of $2.28bn. Under the deal, WestRock purchased all of the outstanding shares of MPS ...
Tags: corrugated packaging, WestRock
Packaging, digital marketing and experiential agency Alliance Creative Group has partnered with Abcon Products, which delivers plastic packaging solutions for produce and packaged food requirements. Together, the companies help their ...
Tags: Packaging, digital marketing