Packaging products and machinery manufacturer Intertape Polymer Group (IPG) has agreed to acquire Canadian Technical Tape (Cantech) for about $63m. Based in Montreal, Canada, Cantech is a privately-owned North American supplier of ...
Tags: Packaging products, machinery
Reckitt Benckiser’s $16.6bn acquisition of US-based infant formula manufacturer Mead Johnson Nutrition is all set to be closed after securing the final regulatory approval. Subject to the meeting of customary closing conditions, the ...
Tags: Reckitt Benckiser, infant formula
Lighting manufacturer Osram GmbH of Munich, Germany has agreed to acquire LED Engin Inc of San Jose, CA, USA (which develops and makes LED emitters, optics components and light source modules in a high-lumen-density, multi-die package for ...
Advent International backed Sovos Brands has agreed to acquire Rao's Specialty Foods, the owner of Rao's Homemade pasta sauce made from natural ingredients. The transaction is expected to be completed during the third quarter of this ...
Tags: Sovos Brands, Specialty Foods
Packaging solutions provider Molins has agreed to divest its instrumentation and tobacco machinery (I&TM) division to Coesia subsidiary G.D S.p.A for around £30m. The company intends to use the proceeds from the deal to invest in ...
Tags: Packaging, Tobacco Machinery
US-based corrugated packaging firm WestRock has completed the acquisition of Multi Packaging Solutions International (MPS) for a total enterprise value of $2.28bn. Under the deal, WestRock purchased all of the outstanding shares of MPS ...
Tags: corrugated packaging, WestRock
US Foods has agreed to acquire F. Christiana, a Louisiana-based food service and retail distributor for an undisclosed price. F. Christiana focuses on the major center-of-the-plate categories along with dairy and dry goods. A ...
Central National Gottesman’s (CNG) Lindenmeyr Munroe paper distribution division has agreed to acquire Independent Paper Group (IPG), which is based in St. Paul, Minnesota, US. Financial details of the transaction, which is expected ...
Luxembourg-based United Caps has agreed to acquire Dewit Plastics’ acquire caps, closures and handles business for an undisclosed sum. Under the deal, United Caps will acquire screw, tamper-evident (TE) and child-resistant (CRC) ...
Tags: United Caps
WestRock has agreed to acquire five corrugated converting facilities from U.S. Corrugated for about $192m. The deal includes facilities located in Ohio, Pennsylvania, and Louisiana. The facilities are used to offer a suite of products ...
Tags: WestRock, corrugated converting
LyondellBasell has announced that its Supervisory Board has authorized the company's Management Board to declare a dividend of $0.90 per share, representing a 5.9 percent increase over the company's first quarter 2017 dividend. The ...
Tags: LyondellBasell, plastics
Rigid plastics manufacturer One Fifty One’s (One51) has agreed to to acquire US-based firm Macro Plastics for around $150m. Based in Fairfield of California, Macro Plastics is engaged in the manufacturing of rigid plastic bulk bins, ...
Tags: Rigid plastics, plastics
General Motors (GM) said it will phase out its Chevrolet brand in India and South Africa by the end of this year. The move is part of key restructuring actions in the company's GM International operations to strengthen global business ...
Tags: General Motors, Chevrolet
Multi Packaging Solutions (MPS) International has reported a net income of $10.8m, or $0.14 diluted earnings per share, for the third quarter ended 31 March 2017, compared to $3.8m, or $0.05 diluted earnings per share, for the same period ...
Tags: Multi Packaging, Packaging
Chinese dairy firm Inner Mongolia Yili Industrial Group is preparing an $850m bid to acquire US organic yogurt business, Stonyfield, from Danone. In a statement to the Shanghai stock exchange, Yili Group mentioned that the bid for 100% of ...