US corrugated packaging firm WestRock has agreed to acquire all the assets of New York-based Island Container and an affiliate named Combined Container Industries. Island Container and Combined Container are independent producers of ...
Graphic Packaging International has agreed to acquire Carton Craft and its affiliate Lithocraft for an undisclosed sum. Under the deal, Graphic Packaging will purchase all the assets of both firms, helping to expand the operations of ...
Tags: Graphic Packaging, Packaging
Packaging products and machinery manufacturer Intertape Polymer Group (IPG) has agreed to acquire Canadian Technical Tape (Cantech) for about $63m. Based in Montreal, Canada, Cantech is a privately-owned North American supplier of ...
Tags: Packaging products, machinery
Reckitt Benckiser’s $16.6bn acquisition of US-based infant formula manufacturer Mead Johnson Nutrition is all set to be closed after securing the final regulatory approval. Subject to the meeting of customary closing conditions, the ...
Tags: Reckitt Benckiser, infant formula
Design and technology needs funding and young talent needs encouragement for the future of many of UK's industries, says toy design firm, Fuse London. The future of the toy industry may hang in the balance, depending on the ...
Tags: Toy Industry, Toy
Tyson Foods is recalling about 2.4 million pounds of ready-to-eat breaded chicken products because of misbranding and undeclared allergens. The known allergen ingredient in the form of milk had come from one of the company's suppliers who ...
Tags: Tyson Foods, Chicken Products
Brazil-based meat processing company JBS has agreed to sell its beef operations in three South American markets to companies controlled by Minerva for $300m. Under the deal, JBS’ beef businesses in Argentina, Uruguay and Paraguay ...
Tags: Beef Operations, Minerva
Conagra Brands (CAG) has signed an agreement to divest its Wesson oil brand to the J.M. Smucker (JMS). The transaction is subject to customary closing conditions, including the receipt of any applicable regulatory approvals. The ...
Tags: Conagra Brands
LyondellBasell has announced that its Supervisory Board has authorized the company's Management Board to declare a dividend of $0.90 per share, representing a 5.9 percent increase over the company's first quarter 2017 dividend. The ...
Tags: LyondellBasell, plastics
Loews has completed the acquisition of US rigid plastic packaging manufacturer Consolidated Container Company (CCC) from Bain Capital Private Equity for about $1.2bn. Based in Atlanta of Georgia, CCC provides packaging solutions to the ...
Tags: Loews, plastic packaging
Rigid plastics manufacturer One Fifty One’s (One51) has agreed to to acquire US-based firm Macro Plastics for around $150m. Based in Fairfield of California, Macro Plastics is engaged in the manufacturing of rigid plastic bulk bins, ...
Tags: Rigid plastics, plastics
Coloredge, a provider of visual marketing solutions for upscale brands and retailers, has acquired Color By Number, a New York-based supplier of package prototyping and design services. Headquartered in New York City, Color By Number ...
Tags: Packaging
Multi Packaging Solutions (MPS) International has reported a net income of $10.8m, or $0.14 diluted earnings per share, for the third quarter ended 31 March 2017, compared to $3.8m, or $0.05 diluted earnings per share, for the same period ...
Tags: Multi Packaging, Packaging
Canada-based High Liner Foods has agreed to acquire Rubicon Resources, an American seafood importer, for about $107m in a cash-cum-stock deal. Rubicon primarily imports frozen shrimp products that are sustainably sourced and distributes ...
Tags: High Liner Foods, Shrimp
LED maker Lumileds of San Jose, CA, USA has launched the LUXEON CoB Core Range – High Density, a family of chip-on-board (CoBs) LEDs with double the luminous flux of the LUXEON CoB Core Range (Gen 3) devices. Focusing on the most ...