HC Private Investments (HCPI), a Chicago-based private investment firm, has acquired Kruger Plastic Products (Kruger), a family-owned, custom injection molding manufacturer of niche products and components. Kruger’s senior ...
Zhejiang Geely, the Chinese automaker that owns Volvo, has agreed to acquire Terrafugia, a US-based startup company working on the development of a flying car. Terrafugia was founded in 2006 by five Massachusetts Institute of Technology ...
Paine Schwartz Partners has completed a strategic investment in Lyons Magnus, a developer and manufacturer of fruit and flavor solutions for the foodservice, healthcare and dairy industries. Financial terms of the transaction were not ...
Tags: packaging
Hong Kong-based pork supplying giant WH Group said that its subsidiary Smithfield Foods will acquire 100% stake of two Romanian packaged meats manufacturers Elit and Vericom for an undisclosed price. The acquisition will further expand ...
Tags: Smithfield Foods, Packaged Meats
Mercedes-Benz, a division of German firm Daimler, is commencing construction work for a new passenger car plant in Russia. “Establishing a passenger car production in Russia is a strategic investment in an important sales market for ...
Tags: Mercedes-Benz, Passenger Car
Golden West Packaging has acquired four independent Northern California packaging firms and their co-owned sheet feeder plant for an undisclosed sum. The company acquired Heritage Solutions, Capital Corrugated, PackageOne, Packaging ...
Tags: Golden West Packaging, Packaging
Mercedes-Benz has started construction on a new engine plant in Poland, which will be the company's second facility for engines outside of Germany. The company is building a 50ha plant in Jawor by investing €500m in the site and ...
Tags: Mercedes-Benz, Car
Glanbia Co-op has proposed to create a strategic joint venture named Glanbia Ireland encompassing Glanbia Ingredients Ireland, Consumer Products & Agribusiness. Glanbia Co-op also proposes a €100m “spin-out” of Glanbia ...
Tags: Glanbia, Premier Milk
Cascades Sonoco, a joint venture of recycled fibre packaging company Cascades and Sonoco, is planning to invest approximately $16m at its facility in Birmingham, Alabama, US to support development of new product line. The investment at ...
Tags: Cascades, fibre packaging
India-based rigid packaging firm Manjushree Technopack has acquired Varahi for undisclosed amount, in a bid to strengthen its business. Established in 1971, Varahi offers packaging solutions including plastic bottles, caps, closures, ...
Tags: Rigid Packaging, packaging
Russian meat producer Cherkizovo Group has started construction of a new $90m meat processing plant in the Moscow region. Expected to be the largest in the meat processing category in Europe once completed, the plant is located in Kashira ...
Tags: Cherkizovo, meat processing
The Hain Celestial Group has launched a new strategic platform Cultivate Ventures to invest in lifestyle brands, smaller portfolio brands and concepts as well as incubator opportunities. The company said that the investments should ...
Tags: Hain Celestial, Cultivate Ventures
Nestlé Health Science announced that it will make an equity investment of $145m in US-based Aimmune Therapeutics, which corresponds to a 15% stake after completion of the transaction. The parties also entered into a strategic ...
Tags: Food Allergies, Nestle
Toyota Motor will set up a mobility services platform (MSPF) to collaborate with several service providers, as well as telematics insurance. Based on the proliferation and popularity of mobility services, like car-sharing; the MSPF will ...
Opel has inaugurated a new global propulsion system center at its Rüsselsheim headquarters in Germany and the facility. Prime Minister of the federal state of Hesse Volker Bouffier, who took the opportunity to take a close look at ...
Tags: Opel, Global Propulsion Systems