Hilton Foods has agreed to acquire chilled UK fish processor Icelandic Group UK (Seachill) for cash consideration of £80.8m. The Company also announces its intention to conduct a non-pre-emptive underwritten cash placing to raise ...
Tags: Hilton Foods, Fish Processor
US-based industrial packaging company Grief has reported net sales of $961.8m for the third quarter ended 31 July 2017, compared to $845m in the same quarter a year ago. The firm reported a gross profit of $187.1m, compared to $176.5m in ...
Tags: Grief, industrial packaging
Food packing firm Hilton Food Group has signed a long term supply agreement with Tesco Central Europe to produce fresh food. This development supports Hilton’s strategy of providing key retail partners globally with a diversified ...
Tags: Hilton Food, Fresh Food
Ultimate TechnoGraphics has joined the Ghent Workgroup (GWG), an international organization of graphic arts users, associations & developers building best practices for publishing, print and packaging workflows. Industry experts, ...
Tags: Ultimate, Ghent Workgroup, graphic arts
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
Industrial packaging services provider Greif has reported a net income of $36m, or $0.61 per diluted share, for the second quarter of 2017, compared to $31.4m, or $0.53 per diluted share, for the same period in 2016. The company’s ...
Tags: Packaging, flexible products
Inland has secured AWA Sleeve Label award for the year 2017. The winners were awarded at the AWA International Sleeve Label Conference and Exhibition in Miami. The Nestle Boost Chocolate Sensation Shrink Sleeve Label was awarded in the ...
Tags: Sleeve Label, Inland, Chocolate
Hilton Food Group has entered into an agreement with Sonae Modelo Continente to form a 50/50 joint venture for the supply of packaged meat products to Sonae stores in Portugal. The joint venture will supply a range of packaged beef, lamb, ...
Tags: Hilton, Meat Products
Food packing firm Hilton Food has entered into a joint venture (JV) with Portugese retailer Sonae Modelo Continente to supply its stores with a range of packaged beef, lamb, veal and pork products. As per terms of the deal, Hilton will ...
Tags: Hilton Food, Portuguese Market
Permitting continues for the proposed Elba Liquefaction Project, which consists of 10 small-scale liquefaction units to be purchased from Shell. They will be integrated with the existing Elba Island facility and enable rapid construction ...
General Motors (GM) and IBM have joined hands to bring the power of OnStar and IBM Watson together to create OnStar Go, the auto industry’s first cognitive mobility platform. Starting in early 2017, OnStar is expected to give ...
Tags: GM, IBM, Driving Experience
Schaeffler has signed a multi-year strategic partnership agreement with IBM to speed up the digital transformation of its entire operations and customer solutions using Watson’s cognitive intelligence and insight from billions of ...
Tags: Schaeffler, agreement, IoT
Digitech Venture Capital Fund, along with technology incubator Seed Sumo and Jason Calacanis, have invested in CarForce, a company that develops connected cars. CarForce was founded by a former eBay Motors executive and has a stellar ...
Tags: Digitech Venture Capital, CarForce
Researchers at the University of Illinois at Urbana Champaign (UIUC) say that they have developed a new method for making brighter and more efficient green LEDs (R. Liu and C. Bayram, 'Maximizing cubic phase gallium nitride surface coverage ...
Tags: Green LEDs, MOCVD
Hilton Food Group has signed an agreement with ModeloContinenteHipermercados (Sonae) to co-operate for the supply of retail packaged fresh meat into Sonae stores in Portugal. Under the terms of the agreement, Hilton will work with Sonae ...
Tags: fresh meat, food retailer