Meadow Foods has raised funds from Paine & Partners to grow its business through organic expansion and acquisitions. While the US-based Paine & Partners is a global food and agribusiness investment firm, Meadow Foods is a UK-based ...
Tags: Meadow Foods, Paine&Partners, funds, Expansion
Crestview Partners has agreed to acquire Accuride, which supplies components to the North American and European commercial vehicle industries. Crestview Partners is a New York based private equity firm, which will acquire Accuride for ...
Tags: Crestview Partners, Accuride, acqusition
RiceBran Technologies announced that its board of directors has named Dr. Robert Smith, the company's chief operating officer, as interim CEO, effective immediately. Dr. Smith will succeed W. John Short, who will remain with the Company ...
The profit of Royal FrieslandCampina decreased by 16.7 percent over the first half-year 2016 to 160 million euros compared to the same period in the previous financial year. Due to the significant increase in the member dairy ...
Tags: Royal FrieslandCampina, profit
Dean Foods announced that executive vice president and COO Ralph Scozzafava will succeed Gregg A. Tanner as the company's CEO and as a member of the company's board of directors, effective January 1, 2017. In order to ensure a smooth ...
Tags: Dean Foods, Ralph Scozzafava, CEO
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
The net turnover of the Ebro Group grew by 16.1% year on year in 2015, rising to €2462m (€2.4bn). The EBITDA, or gross operating profit, was considerably better than year-end projections, closing at €314.8 million, up 9.6% ...
Tags: Ebro Group, net turnover, EBITDA
The J. M. Smucker Company announced results for the first quarter ended July 31, 2016, of its 2017 fiscal year. All comparisons are to the first quarter of the prior fiscal year, unless otherwise noted. Executive Summary Net sales ...
Tags: J.M.Smucker Company, results
Platinum Equity has signed an agreement to acquire Foam Plastic Solutions and Flow Control Devices (FCD) businesses from Broadway Industrial Group. FPS provides protective packaging, insulation and component products to the medical, ...
Amira Nature Foods, a global provider of branded packaged specialty rice, has announced that the court granted the Company’s motion to dismiss class action lawsuit. In February 2015, two proposed shareholder class action lawsuits ...
Tags: Amira Nature Foods, Class Action
One of Great Britain’s most established and innovative bed makers, Harrison Spinks, has appointed a finance and business expert as head of business change, in order to drive the company forward and achieve its vision to double its ...
UK based packaging maker RPC Group has acquired packaging firm British Polythene Industries (BPI) for about £261m ($379m). BPI is focused on manufacturing and supplying of about 275,000t of polythene films annually for markets ...
Tags: retail food, waste polythene, RPC
Greiner Packaging has established a joint venture (JV) company in India, in a bid to expand its operations in the country. The European company, along with Indian plastic packaging firm Century Ultrapack, has established a new JV firm ...
TriMas announced financial results for the quarter ended 30 June 2016. The Company reported second quarter net sales from continuing operations of $203.3 million, a decrease of 9.6% compared to second quarter 2015. The Company reported ...
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