Private equity firm GenNx360 Capital Partners has signed an agreement to sell its portfolio company Novel Ingredients to specialty ingredients provider Innophos Holdings. Novel Ingredients, which was acquired by GenNx360 in March 2014, is ...
Tags: Innophos, raw materials
Mexican dairy company Grupo Lala has agreed to acquire Brazil-based dairy and food firm Vigor Alimentos for BRL 5.725 bn ($1.84bn). The deal follows approval by Grupo Lala’s board of directors, with the favorable opinion of the ...
Tags: dairy company, dairy products
Mexican dairy company Grupo Lala is nearing an agreement to acquire Brazil-based dairy and food firm Vigor Alimentos. Grupo Lala completed the negotiation process to complete the purchase of Vigor Alimentos, including its shareholding in ...
WestRock has purchased Australian paperboard-packaging manufacturer Hannapack for A$75m ($59m) to expand its consumer packaging portfolio. Hannapack, which was established by Charles Hanna in 1967, provides folding cartons to a range of ...
Tags: WestRock, Consumer Packaging
French automaker PSA Group (Groupe PSA) has completed the acquisition of General Motors' (GM) European brands Opel and Vauxhall. With the acquisition now being officially complete, PSA Group has become the second largest automaker in ...
Tags: PSA Group, General Motor
Otsuka Pharmaceutical has agreed to acquire Canada-based Daiya Foods which specializes in the manufacturing plant-based foods. The acquisition, reported at 405 million Canadian dollars, is expected to help increase Daiya's presence ...
Tags: Otsuka, plant-based foods
Chinese paper and pulp company Anhui Shanying Paper Industry has agreed to acquire Swedish firm Nordic Paper from Special Situation Venture Partner lll and Petek. Special Situation Venture Partner lll and Petek, each hold 60% and 40% ...
Tags: Nordic Paper, Anhui Shanying Paper
Bormioli Luigi has partnered with Funds advised by Triton to acquire the Pharma and Tableware business divisions of the Bormioli Rocco group. Both business divisions will be owned and run independently of each other, as Bormioli Luigi ...
Tags: Bormioli Luigi, Tableware
Multi-Color Corporation has agreed to acquire Constantia Flexibles’ labels division for around €1.15bn ($1.3bn). Once the deal concludes, Constantia Flexibles will have 16.6% stake in Multi-Color and two representatives will ...
Tags: Flexibles labels, beverage
Graphic Packaging International has completed the previously announced acquisition of Carton Craft and its affiliate Lithocraft. The deal, which was signed last month, was subject to standard closing requirements and regulatory review. ...
Tags: Graphic Packaging, paperboard
Plastic packaging solutions provider Alpla has agreed to acquire South Africa-based Boxmore Packaging for an undisclosed sum. Based in Samrand of Johannesburg, Boxmore manufactures PET pre-forms, PET bottles and closures for the customers ...
Tags: Plastic packaging, packaging
Swedish confectionery and nuts company Cloetta has agreed to divest Cloetta Italy to Katjes International. The sale equals an Enterprise Value (EV) of approximately SEK 450m. The proceeds will generate a positive net cash effect of ...
Tags: Cloetta
India-based Jindal Poly Films (JPFL) has agreed to acquire Netherlands-based Apeldoorn Flexible Packaging Holding (AFP) for around €82.3m. AFP, which is incorporated in 2014, manufactures load security films, bread and cheese ...
Tags: Flexible Packaging, Packaging
Apetit Group has agreed to divest its seafood business in Finland, Norway and Sweden to Insula for an undisclosed price. The divested seafood segment of Apetit is made up of Apetit Kala fish processing business which salmon and rainbow ...
French food group Danone has signed a binding agreement to sell its US dairy subsidiary, Stonyfield, to Lactalis for $875m. The price of the deal represents 20 times its earnings before interest, tax, depreciation and amortization ...