Food packing firm Hilton Food has entered into a joint venture (JV) with Portugese retailer Sonae Modelo Continente to supply its stores with a range of packaged beef, lamb, veal and pork products. As per terms of the deal, Hilton will ...
Tags: Hilton Food, Portuguese Market
Belgian chocolate and cocoa products firm The Barry Callebaut Group has completed the acquisition of a chocolate production facility from Mondelēz International. The acquisition of the facility, which is located in Halle, Belgium, ...
Tags: Barry, chocolate, cocoa products
Italian snack manufacturer Preziosi Food (Mitica) integrated new frying, seasoning and packaging systems from leading processing and packaging solutions provider, tna, to launch a new line of batch-fried potato chips. Adding to its ...
Tags: packaging systems, Packaging, snack
Siegwerk has introduced an ink range for gravure printing based on a polyurethane binder system and contains no polyvinyl chloride (PVC). The new PUR inks are developed to reduce PVC use, ink complexity and set-up times while allowing for ...
Volkswagen Group has signed a contract with SOVAC for vehicle assembly in Algeria. In the presence of the Algerian Minister of Industry Abdessellam Bouchouareb, Volkswagen Commercial Vehicles Board of Management Member responsible for ...
Tags: Volkswagen, Commercial Vehicles
Thailand's Charoen Pokphand Foods (CPF) has entered into an agreement to buy US-based frozen food manufacturer Bellisio Foods for $1.08bn. Headquartered in Minneapolis, Bellisio is a portfolio company of private equity firm Centre ...
Tags: Frozen Food, Bellisio Foods
Corrugated packaging company Smurfit Kappa is exhibiting a range of packaging solutions for wine at SITEVINITECH tradeshow in Argentina. The event is taking place from 27 to 29 October in Mendoza. Smurfit Kappa is showcasing Bag-in-Box ...
Tags: Wine Packaging, Smurfit Kappa
According a new report from Smithers Pira, corrugated board packaging market to reach $269bn in 2021, though the annual growth rate is expected to decrease to 3.6%. Growth in demand for corrugated board packaging is showing signs of a ...
In the first nine months of 2016, KBA-Sheetfed achieved a 17.5% increase in revenue to €443.8m, accompanied by strong segment earnings of €17.3m. Following a good third quarter, the Koenig & Bauer Group (KBA) came substantially ...
Tags: KBA-Sheetfed, good net liquidity
Kirin Holdings has agreed to divest one of its Brazilian production facilities to AmBev. Brasil Kirin Holdings has signed a stock purchase agreement to sell unit Cachoeiras de Macacu Bebidas. The company is selling a stake of 11,415,000 ...
Australian rigid and flexible packaging products provider Amcor has closed acquisition of plastic blow molding operations of the US-based packaging firm Sonoco Products for $280m. As part of the deal signed earlier, Amcor has purchased ...
Tags: flexible packaging, Amcor
Cellana and PIVEG have signed a letter of intent to jointly develop and commercialize Omega-3 oils and other high-value applications from algae biomass. Financial terms of the deal have not been disclosed. Cellana presently produces ...
Tags: Cellana, Omega-3 Oils
Bimbo Bakeries USA will shut down its production activities at its baking plant in Lubbock, Texas in early January 2017, affecting about 75 employees. The baking company will move out its production from Lubbock to its Rockawall bakery ...
Tags: Bimbo, Lubbock Plant
German auto-maker Volkswagen has opened a new plant in Wrzesnia, Poland. Festive plant opening in Wrzesnia, Poland: about 1,000 guests from state authorities and business as well as representatives from the workforce and unions – ...
Tags: Volkswagen, Crafter
US-based cereal maker Kellogg has entered into an agreement to acquire Ritmo Investimentos, a controlling shareholder of Brazilian food group Parati Group. The purchase price of the acquisition is about $429m and it will be an all-cash ...
Tags: Kellogg, emerging markets