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North Africa
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Saudi Arabia's NADEC to Acquire Al Safi Danone
Mar 27, 2018National Agricultural Development Company (NADEC) has agreed to acquire 100% of Al Safi Danone (ASD) for an undisclosed price to consolidate its position in Saudi Arabian dairy market. ASD is a joint venture between the Saudi Arabia-based ...
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Smurfit Kappa Rejects $10bn Takeover Offer From International Paper
Mar 8, 2018Irish packaging firm Smurfit Kappa has rejected €8.6bn ($10.6bn) takeover offer from the US-based International Paper. Smurfit Kappa said the unsolicited proposal from International Paper failed to reflect the company's strong growth ...
Tags: Smurfit Kappa, packaging
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ADM to Buy 50% Stake in Aston Foods's Sweeteners and Starches Business
Mar 5, 2018Archer Daniels Midland (ADM) has agreed to acquire 50% stake in the sweeteners and starches business of Russia-based Aston Foods and Food Ingredients. ADM Europe, Middle East and Africa president Pierre Duprat said: “ADM has ...
Tags: Sweeteners, Aston Foods
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ADM, Cargill to Create Soybean JV in Egypt
Feb 28, 2018US food giants Archer Daniels Midland (ADM) and Cargill have signed an agreement to create a joint venture (JV) to meet increasing customer demand for soybean meal and oil in Egypt. The JV, which will be equally owned by the partners, ...
Tags: Archer Daniels Midland, soybean
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International Paper to Invest $300m to Convert Riverdale Paper Machine in Alabama, US
Sep 26, 2017International Paper (IP) has unveiled plans to invest around $300m to convert its No. 15 paper machine at the Riverdale Mill in Selma, Alabama, US. The company will convert the paper machine from uncoated freesheet to whitetop linerboard ...
Tags: International Paper, paper machine
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Huhtamaki Buys International Paper's Foodservice Packaging Operations in China
Sep 11, 2017Finnish food packaging specialist Huhtamaki has completed the purchase of International Paper's foodservice packaging operations in China. The divested business has two facilities in Shanghai and Tianjin and a workforce of about 200 ...
Tags: Foodservice Packaging, Paper
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Alpla to Buy Boxmore Packaging
Jul 11, 2017Plastic 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
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Biesterfeld Plastic Agrees to Distribute BASF's Polystyrene Products
Jul 5, 2017Biesterfeld Plastic has agreed to distribute BASF’s polystyrene in Europe, North Africa and the CIS region. Biesterfeld Plastic will distribute BASF’s polystyrene 158K and the recently commercialised polystyrene 148HQ from ...
Tags: Biesterfeld Plastic, Plastic
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Arla Foods Opens New Innovation Centre in Denmark
May 18, 2017Arla Foods has opened a new innovation centre in Aarhus, Denmark where researchers are expected to create novel packaging technologies for the dairy industry. The innovation center features a dairy pilot plant, several laboratories, a ...
Tags: Arla Foods, packaging
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Electronics Flight Ban: New US and UK Regulations Explained
Mar 27, 2017Electronics Flight Ban: What do the new US and UK rules for taking electronics on flights mean for travellers and their devices? Which airports, airlines, and countries are affected? Here's all you need to know about the ban, including all ...
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BRF Launches New Subsidiary for Halal Market in Middle East
Jan 10, 2017Brazilian meat company BRF has launched a new subsidiary named OneFoods to target the halal market in Middle East countries. The company has commenced the operations of the new subsidiary, which previously was called Sadia Halal. With ...
Tags: Halal Market, BRF
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NOKIA Battles Android Market, The First New Machine Prices!
Dec 12, 2016A few days ago, Andy by "NOKIA," China today return to to inform you about the return of NOKIA intelligent mobile phone market news, NOKIA mobile phone back to our eyes. NOKIA and its brand authorized service company Finland HMD ...
Tags: NOKIA, intelligent mobile phone, HMD
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Saudi Public Fund to Buy 50% Stake in Kuwait Food Company's Owner
Dec 2, 2016The Saudi Public Investment Fund (PIF) has announced plans to buy 50% stake in Adeptio Group’s, which controls the Kuwait Food Company (Americana). However, financial details of the transaction were not disclosed. Saudi Arabia's ...
Tags: Kuwait Food, Food
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Xylem Opens Pump Rental and Services Hub in Dubai
Oct 13, 2016Xylem Inc has set up a new pump rental and service business in Jebel Ali, Dubai to serve growing demand from the construction and infrastructure sectors, as well as municipal customers, across the Middle East and North Africa (MENA). The ...
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KACS to Distribute Edita Food Brands in Saudi Arabia
Oct 11, 2016Egpyt-based bakery group Edita Food Industries has signed an agreement with Khalifa A.Algosaibi Cold Stores (KACS) for distribution of its products in Saudi Arabia. As per the agreement, KACS will distribute the Edita’s ...
Tags: Edita Food Industries, KACS, agreement
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