Golden Peanut and Tree Nuts, a subsidiary of Archer Daniels Midland (ADM), has acquired 80% stake in peanut shelling and storage facility in Jan Kempdorp, South Africa. The company has been operating the unit on lease basis since May. ...
Tags: Golden Peanut, Tree Nuts, Peanut Shelling
British establishment W&R Barnett has bought a 60% stake in Logson Group, a group of corrugated packaging companies in the UK. Logson Group consists of four brands including Board24, Boxes and Packaging, Jardin Corrugated Cases and ...
Tags: corrugated packaging, Boxes, Logson
India-based United Breweries Group is seeking a buyer for its residual 4% stake in United Spirits worth Rs 22bn ($331m) to repay its loans. The development may also see its chairman Vijay Mallya quit his position in United Spirits by ...
Tags: UB Group, United Spirits
South African paper and packaging firm Mondi has acquired 95% stake in a flexible packaging company KSP in South Korea. KSP operates a production plant in Seoul, in addition to having an interest in another plant in Thailand. Nearly ...
Seoul Viosys Co Ltd and Sensor Electronic Technology Inc (SETi) of Columbia, SC, USA (in which Seoul Viosys acquired a majority stake just last month) are to jointly commercialize and expand sales of Violeds technology. The technology, ...
Anheuser Busch’s subsidiary Goose Island Beer has acquired 51% stake in Michigan-based hard cider firm Virtue Cider. The remaining equity will remain with 31 investors, who include Virtue Cider founder and CEO Greg Hall. Hall ...
Flexible packaging firm GualapackGroup has acquired a majority stake in Tradbor Indústria e Comércio (Tradbor Stand-up-Pouches), a pre-made stand-up pouches manufacturer in So Paulo, Brazil. The Brazilian company is stated ...
Tags: packaging material, packaging carriage, GualapackGroup
Austria-based plastic packaging firm Greiner Packaging has grabbed 51% majority stake in Teknik Plastik and Teknik IML, both of them from the Ozata Group, capturing the market for rigid plastic packaging for dairy products in Turkey. ...
Tags: Greiner Packaging, Packaging
US-based beverage company Iconic Brands has acquired a majority stake in BiVi, a distributor of premium Sicilian Vodka. With this deal, Iconic is aiming to focus on the premium spirits market. The firm believes that BiVi acquisition is ...
Tags: Iconic Brands, beverage
Food testing services provider Eurofins Scientific has agreed to acquire 65% majority stake in Vietnamese food testing company Sac Ky Hai Ang (EDC-HD) for an undisclosed amount. EDC-HD, a merger between the Ho Chi Minh City Center of ...
Tags: Food Testing, Eurofins Scientific
Croatian food company Podravka has agreed to purchase 51.55% regular shares of Slovenia’s food producer Zito for a total amount of €33m. The Croatian firm will pay €180.1 per share and the acquisition is subject to ...
Tags: Podravka, food producer Zito
Canada based agribusiness joint venture G3 Global Grain Group (G3) is set to acquire 50.1% stake in grain handler CWB for C$250m ($201m). G3 is a joint venture between the Canadian subsidiaries of Saudi Agricultural and Livestock ...
Ford Motor has agreed to acquire a controlling interest in its joint venture (JV) with Russian car company Sollers as well as provide additional funding to the Ford Sollers JV. The Ford Sollers JV produces and imports Ford products, ...
Tags: Ford Motor, Russian JV
Thailand-based polyester and yarn manufacturer Indorama Ventures will be acquiring a 94.91% stake in polyethylene terephthalate (PET) polymers maker Bangkok Polyester for an undisclosed amount. A producer of PET polymers in Rayong, ...
Japanese automaker Nissan Motor is planning to temporarily suspend production at its St. Petersburg plant in Russia due to fall in sales of its products in the country. The production will be suspended between 16th March and 31st March. ...
Tags: suspend production, Russian sales, Nissan