The Hershey Company has agreed to acquire Amplify Snack Brands for about $1.6bn to boost its position in the snacking aisle and expand its portfolio of savory snacking brands. The transaction amount also includes around $600m of net debt ...
Tags: Hershey, Amplify Snack
Honda is taking new approach with Insight Prototype, which will be debuted at 2018 North American International auto show in Detroit on 15 January 2018. The company stated that its new Insight sedan will be above the Civic in its ...
Tags: Honda, Detroit Auto Show, passenger car
Consumer packaging firm Crown has agreed to acquire Signode Industrial Group Holdings (Bermuda) from Carlyle Group for $3.91bn. The transaction is expected to add strong franchise business to Crown's existing metal packaging business. ...
Tags: Industrial Packaging, packaging
XPENG Motors has completed three rounds of series A+ financing and scheduled to disclose series B round in early 2018. He Xiaopeng, Chairman of XPENG Motors, announces that the company has completed three rounds of series A+ financing and ...
Tags: XPENG Motors, Alibaba
Ford Motor has decided to relocate its autonomous and electric vehicle business to Detroit, US. The company is moving its autonomous and electric vehicle business and strategy teams to the recently renovated industrial complex called The ...
Tags: Ford, Electric Vehicle
Flint Group has increased the prices of its packaging inks products due to incremental cost escalation forces. Further to announcements made in March 2017, it has become clear that the raw material markets for many components within Flint ...
Tags: Flint Group, Packaging Inks
Packaging firm Schaumaplast has launched a product made from biomass-balanced Styropor from BASF. The firm produced the new Styropor packaging for ice cream from IceGuerilla.de, a start-up engaged in sending ice creams in Germany. ...
Tags: Packaging, Styropor packaging
US-based printing services provider DPI Direct has invested in eight-color Edale FL3 flexographic press, in a bid to enhance its production operations. The Edale FL3 flexographic press features 430mm web width, AiiR system and converting ...
Tags: Flexographic Press
US-based differentiated paper and packaging solutions provider WestRock has signed agreements to acquire all of the assets of Plymouth Packaging, a corrugated packaging company, for an undisclosed amount. Under the terms of the deal, ...
Tags: Westrock, Plymouth Packaging
Volvo Cars has started testing its autonomous drive cars through taking the support of Swedish families in Gothenburg. Under the Drive Me project, the company has provided two Volvo XC90 premium SUVs to Hains and Simonovskis families to ...
Tags: Volvo Cars, Autonomous Drive Cars
Cybersecurity software and services provider BlackBerry has partnered with Qualcomm Technologies to develop and manufacture advanced automotive platforms for the next generation connected vehicles. Under a non-exclusive strategic ...
Tags: Blackberry, Qualcomm, Automotive
Beyond Meat has closed a new financing round led by Cleveland Avenue, a venture capital firm founded by Don Thompson, former CEO of McDonald’s Corporation. “We see Beyond Meat as a strategic and compelling consumer-focused ...
Tags: Tyson Foods, Beyond Meat
GEA, a global equipment and process technology provider for the food industry and other industries, has introduced the latest generation of aseptic filling technology for the beverage industry. The new Fillstar CX EVO system can be used ...
Tags: Multi-Functional System, Beverage
Groupe PSA has designed an electrified light vehicle under Efficient Urban LIght Vehicle (EU-LIVE) project. The European EU-LIVE consortium includes 12 partners from six countries, with Groupe PSA being the only carmaker. The consortium ...
Tags: Groupe PSA, Light Vehicle
Ford 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 ...