Cenveo has reported financial results for the fourth quarter and full year ended 31 December 2016. The reported results for all periods presented exclude the operating results of the Company's packaging operating segment and its top-sheet ...
Canadian consumer packaged meats firm Maple Leaf Foods has agreed to acquire American refrigerated plant-based protein foods manufacturer Lightlife Foods from Brynwood Partners VI for approximately $140m. Maple Leaf will finance the ...
Tags: Maple Leaf, Lightlife Foods
US-based infant formula manufacturer Mead Johnson has agreed to acquire spray drying and finishing capabilities from Australian food group Bega Cheese for A$200m. The deal includes one of Bega Cheese's spray dryers at Tatura and an infant ...
Tags: Cheese, infant formula
Volkswagen has launched a new subsidiary designed to oversee $2bn in investments to promote zero-emission vehicles in the US. The new company, Electrify America, will be based in Reston, Virginia. It will invest in the construction and ...
Tags: Volkswagen, Zero-Emission Vehicles
Lear, which supplies automotive seating and electrical systems, has agreed to acquire Grupo Antolin's automotive seating business. Grupo Antolin's seating business is headquartered in France with sales and operations concentrated in 5 ...
Tags: Lear, Antolin's Automotive, Seating Business
China’s insurance regulator on Tuesday announced a ban on insurers acquiring listed firms in concert with non-insurance parties, in a latest move to limit insurance assets invested in equity markets. According to new rules set by ...
Crown Holdings has introduced new metal closures, which can be used for polyethylene terephthalate (PET) containers. Food manufacturers can use the new metal closures for different products such as jams, tomato sauce, salsa and pickles. ...
Tags: Crown, PET, PET Containers
US-based Chromatic Technologies (CTI) has introduced a new, high-pressure indicator ink for the food packaging industry. Incorporating anti-counterfeiting features, the patent-pending solution offers visual inspection validating the use ...
Tags: Indicator, Food Packaging
Shell has signed an agreement with Viva Energy Australia Pty Ltd (“Viva Energy”) for the sale of Shell Aviation Australia Pty Ltd for a total transaction value of approximately $250 million USD. It follows the sale of ...
Chinese mapping company NavInfo and internet services group Tencent, along with Singapore wealth fund GIC have announced plans to acquire 10% stake in HERE. HERE is a German-based open location platform company owned by automotive majors ...
Canadian label and packaging maker CCL Industries has signed an agreement to acquire Innovia Group, a UK-based manufacturer of specialty co-extruded, bi-axially oriented polypropylene (BOPP) films for C$1.13bn ($842m). Innovia Group, a ...
Tags: CCL Industries, polypropylene, BOPP films
DuPont Nutrition & Health has announced that it will sell its global food safety diagnostics business to a Warburg Pincus portfolio company Hygiena. However, the financial terms of the transaction were not disclosed. The acquisition ...
Tags: DuPont, Food Safety, Hygiena
German based food technology company GEA has bagged a contract valued in mid double-digit millions of euros to establish a nutritional powders plant in New Zealand for Mataura Valley Milk. The plant, which will come up at McNab, near Gore ...
Tags: Nutritional Powders Plant, GEA
US-based agricultural company Monsanto has secured an approval from its shareholders to merge its business with a subsidiary of German pharmaceutical company Bayer for $66bn. As per the terms of the merger deal, the shareowners will be ...
Tags: Monsanto, Merger Deal
One A shares of these two days is very lively, a Xu Jiayin a Yao Zhenhua, it is obvious that the two are playing off, and finally Dong Mingzhu Wang Shi into the biggest winner. Not long ago, we all look at Dong Mingzhu additional, ...