Shareholders of Refresco Group have approved the acquisition of Cott's bottling activities for $1.25bn in cash. The deal is anticipated to close in the fourth quarter of this year subject to certain closing conditions and regulatory ...
Tags: Refresco Group, bottling
Canada-based Agropur Cooperative has signed an agreement with Agrifoods to acquire Ultima Foods. Ultima Foods was a 50-50 joint venture by two of Canada’s leading cooperatives; Agrifoods and Agropur. With more than 40 years of ...
Tags: Ultima Foods, Agropur
Premier Foods has entered into a strategic global partnership with Mondelēz to renew its license of producing and marketing Cadbury branded cakes and other ambient dessert products. This is further to the announcement on 8 May 2017 ...
Tags: Premier Foods, Cadbury Cake
US-based Hormel Foods has entered into South America with the acquisition of Brazilian meat company Cidade do Sol for about $104m. Cidade do Sol offers over 70 products in 15 categories that include meats like mortadella, sausage and ...
Tags: Cidade do Sol, sausage
Investment holding firm Long4Life has agreed to acquire South-Africa based contract packaging firm Inhle Beverages for around R360m ($27.2m). Based in Heidelberg of Gauteng, Inhle is specialized in the canning and bottling of carbonated ...
Packaging Corporation of America (PCA) has agreed to purchase all assets of Sacramento Container and acquire 100% membership interests of Northern Sheets and Central California Sheets for $265m. As per the agreement, PCA will take over ...
Tags: Packaging, Sacramento Container
Systech International has showcased its serialization and authentication solutions at Institute of Packaging Professionals (IOPP) - Puerto Rico Chapter Conference, August 24, 2017 in San Juan, PR. Conference Highlights: Systech subject ...
Tags: Systech International, Packaging
Corrugated packaging firm WestRock has priced $500m aggregate principal amount of 3.00% senior notes due 2024 and $500m aggregate principal amount of 3.375% senior notes due 2027. The notes will be guaranteed by certain WestRock ...
Tags: Corrugated packaging, packaging
Naturally Splendid Enterprises has executed a definitive agreement with Prosnack Natural Foods and and iCream Capital to acquire 100% of Prosnack. Prosnack is a Canadian company based in North Vancouver. Under the terms of its agreement ...
Tags: Natural Foods
For second-quarter 2017, POET Technologies Inc of San Jose, CA, USA — which has developed the proprietary planar optoelectronic technology (POET) platform for monolithic fabrication of integrated III-V-based electronic and optical ...
Tags: POET Technologies, sensors
Flexible liquid packaging solutions manufacturer Liqui-Box has earned NSF/ANSI 18 certification for their QCD series connectors from global public health organization NSF International. The Liqui-Box QCD series connectors include the ...
Anheuser-Busch InBev (AB InBev) is merging its operations in Russia and Ukraine with Turkey's brewer, Anadolu Efes. The companies plan to merge their businesses in a 50-50 merger and create a new company to be known as AB InBev-Efes. ...
Japanese automaker Nissan has agreed to sell its electric battery business to GSR Capital, a Chinese investment firm, for an undisclosed amount. As per the agreement, Nissan will be selling its battery subsidiary Automotive Energy Supply ...
Tags: Nissan, Electric Battery
French automaker Renault has agreed to boost its presence in Iran and step up the brand's growth. The company signed a joint venture (JV) agreement with the Industrial Development & Renovation Organization of Iran (IDRO) and PARTO NEGIN ...
Tags: Renault, Renault products
Japanese brewing company Sapporo has agreed to acquire US-based Anchor Brewing for an undisclosed amount. Sapporo aims to continue Anchor’s traditions and legacy in San Francisco while growing the brand globally. Anchor Brewing ...
Tags: Sapporo, Anchor Brewing