Swanline Paper and Board (SPB) has introduced two new folding boxboards – PankaLux and PankaBrite – for the luxury packaging and food packaging markets. PankaLux and PankaBrite provide brands and packers with quality solutions ...
Tags: Swanline, Pankabrite Boxboards
CM Equity Partners's portfolio firm Graco Supply Company has divested the assets of the Ball Ground aircraft sealant repackaging business to Royal Adhesives & Sealants. Financial details of acquisition have not been disclosed by both the ...
Tags: Graco, Sealant Repackaging
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
Canadian yeast and bacteria specialist Lallemand has acquired surface and ripening cultures business from DSM Food Specialties for an undisclosed sum. The surface and ripening cultures businesses will be integrated into Lallemand's ...
Tags: Lallemand, Ripening Cultures
Delta Electronics Inc. of Taiwan, a major maker of power supply products that has been aggressively developing new-energy businesses, said earlier that it is scheduled to kick off mass production of lithium-ion (Li-ion) rechargeable ...
Tags: Li-Ion Cells, Delta's product
It’s the world’s largest manufacturer of carton packaging for the food and beverage industry. Toronto private equity firm, Onex Corporation, the largest buyout firm in Canada, has agreed to buy SIG Combibloc from Rank Group New ...
Tageos, one of the leading RFID label makers for the apparel industry based in France, has signed an agreement with Round Rock Research LLC, a technology investigation and patent licensing company, for radio frequency identification (RFID) ...
Tags: RFID labels, RFID License, Textile
Federal-Mogul Corp. announced that its European subsidiaries have entered into a definitive purchase agreement to acquire certain business assets of the Honeywell automotive and industrial brake friction business including two recently ...
Tags: Acquirement, Federal-Mogul, Honeywell
Leading RFID label maker Tageos announced the launch of a new item level apparel label set to cut retailers’ RFID budget while delivering improved tag performance. Equipped with the next generation NXP Ucode 7 chip, the lower cost ...
Japanese steelmaker Kobe Steel has announced that, to increase the competitiveness of its steelworks, it has decided on large-scale investments including a new hot-metal treatment plant, a new heat treatment furnace for steel plate, and ...
Tags: Japan, Far East, investments, steelmaking, Kobe Steel, Istanbul
Mattex — a Saudi Arabia-owned, Dubai-based producer of carpet backings, artificial grass backings, and woven and nonwoven geotextiles — will invest $60 million to establish a U.S. headquarters and manufacturing operation in ...
Danish healthcare company Radiometer Medical has purchased Quest Diagnostics' HemoCue diagnostic products business for $300m plus customary adjustments for cash balances. Quest will use the proceeds to repurchase approximately $300m of ...
US snack food manufacturer McKee Foods has been selected as the leading stalking horse bidder to acquire Hostess Brands' Drake's snack cake business for $27.5m. Hostess Brands stated that the deal will be presented to the US Bankruptcy ...
Tags: Mckee Foods, Drake's Snack Cake, Food
THE Dow Jones Industrial Average has edged closer to an all-time closing high, as investors brushed off steep losses in China's equity markets and pushed major benchmarks higher. The Dow rose 38.16 points, or 0.3 per cent, to 14127.82, to ...
Flavored beverages producer Dr Pepper Snapple Group (DPS) has acquired the business assets and territory of Dr Pepper/7-UP Bottling in Reno, Nevada, US, for an undisclosed sum. According to DPS, the acquisition includes rights to the ...
Tags: Nevada bottler, bottling, Packaged Beverages