Nestlé has agreed to sell its US confectionery business, made up of more than 20 brands, to Italian confectionery giant Ferrero for $2.8bn. The confectionery business of Nestle in the US makes up about 3% of US Nestle Group sales. ...
International Paper has completed the transfer of its North America Consumer Packaging business to Graphic Packaging. Graphic Packaging holds 79.5% stake in the combined company, while IP owns the remaining 20.5% interest. In October ...
Tags: Graphic Packaging, Packaging
Sustainable cardboard packaging supplier VPK Packaging Group has unveiled plans to invest in a new paper machine for light weight recycled containerboard. The investment plan is part of the company's move to increase the integration rate ...
Tags: cardboard packaging, paper machine
OptiGroup has acquired businesses in Romania and Finland to expand its operations of the industrial and safety solutions segment. Proxima Tapes and Proxima Comserv provide industrial packaging sales and services to the customers in the ...
Tags: OptiGroup, industrial packaging
Vietnam Beverage, ThaiBev’s domestic unit, has won a bidding to acquire 54% stake in Saigon Beer Alcohol & Beverage Corp (Sabeco) for $4.8bn. Sabeco is owned and under the authority of Vietnam's Ministry of Trade and Industry. The ...
Tags: Thai Beverage, Beverage
Berlin Packaging, the full-service supplier of glass, plastic, and metal containers and closures, has opened a 430,000ft2 office and distribution center in Fairfield. An impactful addition to the company's strong California presence, with ...
Tags: Berlin Packaging, plastic
Turkey-based Polinas Plastik Sanayii ve Ticareti has acquired flexible packaging solutions producer Propak. Polinas, which is owned by Ulker Group, has acquired Propak from Southeast Europe Equity Fund II (SEEF II) for an undisclosed sum. ...
Tags: Polinas, Flexible Packaging
Orkla Foods Sweden, through its Anamma division, has developed a new vegan burger for international fast-food chain McDonald's which will be launched in Sweden and Finland later this month. The jointly developed burger from Anamma and ...
UK-based Skymark Packaging invested in a Universal X6 laser perforation slitter rewinder to boost its flexible packaging production. The new laser perforation slitter rewinder from Universal Converting Equipment will allow Skymark to ...
Tags: Slitter Rewinder, Packaging
Tekni-Plex firm Dolco Packaging has developed new processor trays for meat and poultry products. The custom-designed trays will enable meat and poultry processors to be used for different products such as premium brats or sausages, meat ...
Tags: poultry products, Packaging
Luxembourg-based printing and packaging firm Flint Group has acquired Italy-based Eston Chimica for an undisclosed sum. Based in Padova, Eston Chimica produces and markets water-based inks for flexo and gravure applications to printers in ...
The Hain Celestial Group, a US-based organic and natural products company, has agreed to acquire Clarks UK, a sweetener, syrup and dessert sauce business, for an undisclosed price. The acquisition will be done through Hain Daniels, a ...
Tags: Hain Celestial, Sweeteners
Packaging firm Cascades has acquired four containerboard packaging plants in Ontario, Canada from Coyle family. The firm has also acquired 33% ownership stake in Tencorr, a manufacturer of sheet stock for box producers, as well as ...
Tags: Packaging, containerboard
Oncap has acquired US-based IntraPac International from funds managed by CI Capital Partners for an undisclosed sum. Based in Mooresville, North Carolina, IntraPac designs and produces specialty rigid packaging solutions such as including ...
Tags: personal care, household products
Evonik has agreed to acquire 3M’s high-concentrates additive compounding business for an undisclosed sum. Evonik will include the acquired operations in its interface and performance business line, which produces and markets ...