Suntory Beverage & Food (SBF) has signed a basic agreement to buy beverage business of Japan Tobacco (JT) for $1.2bn. According to SBF, the deal also includes acquisition of canned coffee brand Roots and peach-flavored drink brand Momono ...
Tags: Suntory, Japan Tobacco
Archer Daniels Midland (ADM) has agreed to acquire China-based sweetener manufacturer Meiweiyuan Biotechnology. Both the companies have reached an agreement to this effect. Subject to regulatory approval, the acquisition offers ADM ...
Tags: ADM, Meiweiyuan Biotechnology
With ongoing concerns about health and the reduction of sugar in the diet, the sugar-free confectionery market should be booming, particularly in the face of ongoing technical developments that have improved sensory properties, and the ...
Diageo is set to be the first alcohol company to voluntarily provide nutritional information including calories per typical serve and alcohol content on all of its products. The information will be displayed on packaging as well as on its ...
The Apple Watch could launch within a month or so, according to the most recent batch of rumors and indications from the company itself. While the device is expected to have more health-tracking functionality than any iDevice before it, ...
Tags: Apple Watch, Health Tracking
Smurfit Kappa will acquire non-integrated corrugated, folding cartons and flexible packaging manufacturer Grupo CYBSA to enhance its footprint in the growing Central American market. CYBSA operates five packaging plants in El Salvador ...
The Australian Foreign Investment Review Board (FIRB) has approved $1.13bn bid by JBS USA to acquire Australian Consolidated Food Holdings (Primo), said treasurer Joe Hockey. With this approval, US subsidiary of the Brazilian meat ...
Tags: meat processing, Pork
Australian Prime Minister Tony Abbott began waging a war against red tape, even launching a website dedicated to the notion. The deregulation of the country’s medical device and pharmaceutical industries has been included in that ...
Tags: Medical Device, Medicine
UK-based Essentra has completed the acquisition of Clondalkin’s specialist packaging division (SPD) for $455m, paving way for opening up the US market to Essentra as well as boost its existing presence across Europe. Clondalkin ...
Tags: Essentra, packaging division
Cereal maker Post Holdings has agreed to acquire ready-to-eat and natural cereals producer MOM Brands, in a $1.15bn deal. An agreement to this effect was signed by MOM Brands. MOM Brands offers Malt-O-Meal brand ready-to-eat cereals, ...
Tags: hot cereals, Agriculture
Moody's Investors Service said that Bass Pro Group, LLC's Dec. 11, 2014 announcement that it has agreed to acquire fishing boat maker Fishing Holdings, LLC from Platinum Equity is a modest credit negative because leverage will increase ...
Tags: Debt Ratings, Sporting Goods
Grupo Herdez has agreed to acquire Nestlé’s ice cream business in Mexico, Helados Nestlé, for around MXN1bn ($68.7m). The acquisition covers an ice cream manufacturing facility in Lagos de Moreno, Jalisco, as well ...
Tags: Ice Cream, equipment, freezers, Agriculture
Posted in Regulatory and Compliance by Kristopher Sturgis on December 12, 2014 Bill Maisel, director of science at the FDA’s Center for Devices and Radiological Health, holds CRM devices. Earlier this week the science chief of ...
Tags: Medical Device, Drug Administration, Health
It’s the world’s largest manufacturer of carton packaging for the food and beverage industry. Toronto private equity firm, Onex Corporation, the largest buyout firm in Canada, has agreed to buy SIG Combibloc from Rank Group New ...
The merger, should it proceed, is intended to create a leader in sustainable packaging. The proposed merger is subject to completion of satisfactory due diligence by both parties, execution of a sale agreement, shareholder and regulatory ...