Finnish firm Valmet has opened four performance centers for energy, pulp, paper and board and tissue customers. Valmet has also launched a new industrial internet offering and signed a partnership agreement with software and services ...
Plastic packaging solutions provider Alpla has acquired Gehl Foods’ bottle manufacturing facility located in the US state of Wisconsin. Situated 30 miles north of Milwaukee, the West Bend standalone facility features around ...
Tags: Alpla, Plastic packaging
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
Tyson Foods has completed the acquisition of AdvancePierre Foods, a provider of ready-to-eat sandwiches, snacks and other food products, for about $4.2bn. The acquisition to expands its Tyson Foods’ portfolio of prepared foods and ...
Tags: Tyson Foods, sandwiches, snacks
Molson Coors Brewing has agreed to import, market and distribute Heineken's Sol beer brand in the US. Heineken and Molson Coors Brewing have signed a 10-year import agreement, which offers both brewers an opportunity to focus on important ...
Tags: Molson Coors, Beer
Ride-hailing company Lyft is collaborating with autonomous vehicle technology firm nuTonomy to optimize passenger experience in self-driving cars. Under the partnership, the two companies will align their technology platforms to collect ...
Canada-based Brick Brewing has completed a brand licensing agreement for the rights to the Chudleigh's brand for cider. The agreement is for an initial ten-year term, with provision for further extensions. “This is an exciting ...
Tags: Brick Brewing, cider
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 ...
Technology firm Continental has partnered with Chinese search-engine giant Baidu to work in the areas of automated driving, connected vehicles and intelligent mobility services. The two companies have signed a strategic cooperation ...
Tags: Connected Vehicles, Continental
Milacron expects to continue the production of Ferromatik injection molding machines at its Malterdingen facility in Germany due to increasing customer demand. Last year, Milacron stated that it will transfer the injection molding machine ...
Tags: Milacron, Ferromatik Machine
Packaging, digital marketing and experiential agency Alliance Creative Group has partnered with Abcon Products, which delivers plastic packaging solutions for produce and packaged food requirements. Together, the companies help their ...
Tags: Packaging, digital marketing
German automaker Daimler and its Chinese partner BAIC Group have signed a new framework agreement for the production of electric vehicles. The agreement is focused on two significant investments. The first part is that Daimler will invest ...
Tags: Daimler, Electric Vehicles
Conagra Brands (CAG) has signed an agreement to divest its Wesson oil brand to the J.M. Smucker (JMS). The transaction is subject to customary closing conditions, including the receipt of any applicable regulatory approvals. The ...
Tags: Conagra Brands
Campbell Soup has invested $10m in Chef'd, the US online meal-kit business, to expand its e-commerce capabilities. The investment which is part of a Series B funding round makes the New Jersey-based canned soup producer the largest ...
Tags: Campbell Soup, meal