US firm JBT has signed an agreement to acquire Tipper Tie from Dover for around $160m. Based in Apex of North Carolina, Tipper Tie provides protein processing and packaging solutions, and related consumables to the food industry. The ...
Tags: JBT, agreement, Tipper Tie
Food technology company JBT has entered into an agreement to acquire Tipper Tie for $160m to expand its protein platform. However, the transaction value is subject to customary post-closing adjustments. Expected to close in the fourth ...
Tags: JBT, Tipper Tie, acquisition
US-based agribusiness company Archer Daniels Midland (ADM) and Wilmar International have received all required competition approvals to launch their joint venture Olenex. Following the approvals, the companies plan to launch the new ...
Tags: ADM, Wilmar International, Olenex
Today, LNG Canada announces that its joint venture participants – Shell, PetroChina, Mitsubishi Corporation and Kogas – have decided to delay a final investment decision on LNG Canada that was planned for end 2016. LNG Canada ...
Tags: LNG Canada, joint venture participants, final investment decision delay
China National Offshore Oil Corporation (CNOOC) and Shell Nanhai B.V. (Shell) today announce the final investment decision to expand CNOOC and Shell Petrochemical Company’s (CSPC) existing 50:50 joint venture (JV) in Huizhou, ...
Tags: CNOOC, Shell, final investment decision, expasion
ZF today announced that it has increased the price per share in its public cash offer for Haldex Aktiebolag (publ) (“Haldex”) to SEK 110, valuing Haldex at SEK 4.85 billion. ZF has received agreements to sell from key ...
Tags: ZF, Haldex, offer price
Australian packaging company Amcor has signed an agreement to acquire the North American plastic blow molding operations of US-based packaging firm Sonoco Products for $280m. Under terms of the deal, Amcor will acquire Sonoco Specialty ...
Tags: Amcor, Sonoco Products, agreement
Berry Plastics Group has signed an agreement to acquire AEP Industries, a North American manufacturer of flexible plastic packaging films, for $765m including debt. Under the terms of the deal, each shareholder of AEP will receive either ...
Tags: Berry Plastics Group, AEP Industries, debt
COFCO has reached an agreement to acquire the remaining minority stake in Nidera Capital to gain full ownership of the company. The minority stake has been bought by COFCO International from Cygne to gain 100% ownership in Nidera. The ...
Infineon Technologies AG of Munich, Germany has entered into a definitive agreement to acquire the Wolfspeed Power & RF division of Cree Inc of Durham, NC, USA for $850m in cash (about €740m). The deal also includes the related silicon ...
Chinese fruit exporter Golden Wing Mau Agricultural Produce has acquired 19.99% stake in New Zealand fruit and vegetable group Turners & Growers (T&G) Global. Golden Wing Mau paid NZD2.95 a share to purchase 13.16 million shares from ...
Tags: fruit, Golden Wing Mau
French dairy giant Danone has entered into an agreement to acquire WhiteWave Foods in an all-cash deal worth $12.5bn. The acquisition is expected to double the size of Danone's business in the US, while helping the company to move towards ...
Tags: WhiteWave Foods, Danone, beverage categories
Mexican food company Grupo LALA has signed a strategic agreement with the Costa Rican firm Florida Bebidas for the production, distribution and sale of LALA products in Costa Rica. The partnership is expected to enable LALA to gain access ...
KION GROUP AG, already one of the two largest suppliers of forklift trucks, warehouse equipment and related services with Linde and Baoli, amongst others, will become one of the largest global providers of intelligent intralogistics by ...
Subject to local regulatory approvals, Hong Kong based Plantations International plans to start importing Australian "Kensington Pride" Mangoes into Indonesia says Mr. Marvin Lee, the director of communications for Plantations International ...