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
Sustainable packaging solutions provider Ball has announced plans to shut down three beverage packaging facilities in the US. The company also intends to build new and advanced beverage packaging facility in Goodyear, Arizona. Expected ...
Tags: Sustainable packaging, packaging
Private equity firm Levine Leichtman Capital Partners (LLCP) has collaborated with management to purchase FlexXray, a provider of x-ray inspection services focused exclusively on food safety. FlexXray assists Fortune 100 food ...
Tags: FlexXray, food safety
UK-based corrugated cardboard maker DS Smith has completed acquisition of a 80% stake in American packaging firm Interstate Resources from Merpas for $835m. DS Smith holds the option to buy out the remainder 20% stake in Interstate ...
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
Valmet has completed the annual shutdown of Klabin Monte Alegre paper mill in Brazil. The company wrapped up the entire shutdown project from planning and execution to a safe start-up. The shutdown was happened between 24 April and 5 ...
Tags: Valmet, Paper Mill
Voith Paper has been commissioned to rebuild the headboxes and shoe presses of Jianhui PM 3 and PM 4 as well as Jinzhou PM 3 and PM 4 in China. Voith Paper, Huazhang Technology, Jianhui Paper and Jinzhou Paper have signed an agreement to ...
Tags: Voith Paper, paper formation
Impossible Foods says that it has passed important milestones for food safety, including a unanimous expert-panel affirmation of the safety of a key ingredient used in its products. A panel of food safety and allergy experts at three ...
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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
Guardian Industries is investing in a new float and coated glass manufacturing facility in Czestochowa, Poland. The new plant will meet the increasing demand for float, coated and fabricated glass products across Europe. Located next to ...
Tags: Guardian Industries, Coated Glass
A study carried out by denkstatt on behalf of Austrian converter Alpla has revealed that recycled PET (rPET) results in a much higher carbon dioxide saving than assumed earlier. The tests were undertaken using rPET from Alpla's subsidiary ...
Tags: PET, carbon emissions
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
Brynwood Partners VII has acquired Cold Spring Brewing Company from its current owner, the Lenore family, for an undisclosed amount. Located in Cold Spring, MN, Cold Spring is a leading beverage manufacturer that produces energy drinks, ...
Tags: Brynwood Partners, Cold Spring
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
Green packaging and tissue products manufacturer Cascades is investing $80m to build a new containerboard packaging facility in Piscataway, New Jersey, US. The new center, which is due to start operations in 2018, will produce corrugated ...
Tags: packaging, tissue products