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Key Safety Systems Buys Vehicle Safety Systems Supplier Takata for $1.5bn
Apr 16, 2018A consortium of Ningbo Joyson Electronic (Joyson Electronics) and Asia-based private equity firm PAG have offered funding to Key Safety Systems (KSS) in acquiring the all of the global assets of Japan-based airbag-maker Takata. Takata's ...
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TCGRx Buys Arxium's Panasonic Fastpak EXP and FastPak 71 Pouch Packaging Business
Apr 8, 2018TCGRx, a provider of pharmacy packaging and automation solutions, has acquired ARxIUM’s Panasonic FastPak EXP and FastPak 71 pouch packaging business line. The acquisition will help TCGRx to provide enhanced services to the hospital ...
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Nestle to Sell US Confectionery Business to Ferrero for $2.8bn
Jan 18, 2018Nestlé has agreed to sell its US confectionery business, made up of more than 20 brands, to Italian confectionery giant Ferrero for $2.8bn. The confectionery business of Nestle in the US makes up about 3% of US Nestle Group sales. ...
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Ford Plans to Introduce More Than 50 New Vehicles in China by 2025
Dec 8, 2017Ford has outlined the next phase of its China expansion strategy, focused on SUVs, electric and connected vehicles, a streamlined business structure and closer connections to Chinese customers. Executive Chairman Bill Ford and CEO Jim ...
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Ferrero Acquires Candy Manufacturer Ferrara Candy
Dec 6, 2017Global confectionary group, The Ferrero Group has completed its previously announced acquisition of Ferrara Candy Company from L Catterton through one of its affiliated companies. “We are pleased to complete this acquisition and ...
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Ferrero to Acquire US Confectioner Ferrara Candy
Oct 23, 2017The Ferrero Group has agreed to acquire Illinois-based non-chocolate confectioner Ferrara Candy from private equity firm L Catterton for an undisclosed price to expand its US business. The transaction made by an affiliated company of ...
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Dawn Meats and Dunbia Finalize Partnership Deal
Oct 9, 2017Dawn Meats has closed its strategic partnership and acquisition agreement with Dunbia after securing all relevant regulatory approvals. Dawn has agreed a strategic partnership with Dunbia to establish a joint venture in the United Kingdom ...
Tags: Dawn Meats, Meats
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Constantia Flexibles to Divest Labels Division for $1.3bn
Jul 19, 2017Multi-Color Corporation has agreed to acquire Constantia Flexibles’ labels division for around €1.15bn ($1.3bn). Once the deal concludes, Constantia Flexibles will have 16.6% stake in Multi-Color and two representatives will ...
Tags: Flexibles labels, beverage
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International Paper Elects Christopher Connor to Board
Jul 18, 2017Renewable fiber-based packaging, pulp and paper products producer International Paper has elected Christopher Connor to its board of directors effective 1 October 2017. Mr. Connor, age 61, retired as Executive Chairman of The ...
Tags: packaging, paper products
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Delphi Automotive Plans to Spin off Powertrain Segment
May 5, 2017Delphi Automotive is planning to spin off its Powertrain Systems segment into a new, independent publicly traded company, which will allow it to focus on technology for electrically powered and self-driving vehicles. The transaction is ...
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Eastside Distilling Acquires Majority Stake in Big Bottom Distilling
May 4, 2017Eastside Distilling has acquired a controlling stake in Big Bottom Distilling (BBD), a Hillsboro, Oregon-based distiller of super premium gins, whiskeys, brandies, rum, and vodka. BBD was founded by Ted Pappas, a past president of the ...
Tags: Eastside Distilling, whiskeys
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Lux Global Acquires Certain Assets of National Label
May 2, 2017Lux Global Label has purchased certain assets from Pennsylvania-based global package printing firm National Label for an undisclosed price. Lux Global Label is a newly formed holding company backed by private equity company Resilience ...
Tags: Lux Global, package
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Europac Buys Integrated Packaging Plant in Lucena, Spain
Apr 7, 2017Spanish containerboard and corrugated packaging manufacturer Europac Group has acquired packaging plant in the town of Lucena, in Cordoba, for €9.8m to boost its packaging operations. The firm acquired two companies that jointly own ...
Tags: Integrated Packaging, packaging
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Real Good Food Acquires Majority Stake in Brighter Foods
Apr 7, 2017Real Good Food announced that it has acquired an 84.33% stake in Brighter Foods for total consideration of up to £9m, on a cash and debt free basis. The two companies announced a new partnership to build on the success for the Wales ...
Tags: Real Good Food, snack bar
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Eastside Distilling Acquires Motherlode Craft Spirits Bottling Business in US
Mar 27, 2017Oregon-based hand-crafted spirits company Eastside Distilling has acquired MotherLode Craft Distillery, a bottling services provider. Since its founding in 2014 by Allen Barteld, the mission of MotherLode has been to enable craft ...
Tags: MotherLode, Craft Spirits
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