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
Canadian global automotive supplier Magna International has announced new management structure and financial reporting segments. The shift better aligns our global operations with our long-term strategy tied to the future of mobility. ...
Tags: automotive, roof systems, sealing systems
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
Berlin Packaging, the full-service supplier of glass, plastic, and metal containers and closures, has opened a 430,000ft2 office and distribution center in Fairfield. An impactful addition to the company's strong California presence, with ...
Tags: Berlin Packaging, plastic
Capitol City Produce Company has agreed to acquire the distribution operations of Table Fresh Foods, effective 30 December 2017 for an undisclosed price. Darin Arceneaux, COO of Capitol City Produce, said: "Table Fresh has a tremendous ...
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
UK-based Skymark Packaging invested in a Universal X6 laser perforation slitter rewinder to boost its flexible packaging production. The new laser perforation slitter rewinder from Universal Converting Equipment will allow Skymark to ...
Tags: Slitter Rewinder, Packaging
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
Guardian Optical Technologies announced the launch of breakthrough, patent-pending sensor technology for automobile manufacturers, supported by $5.1m in Series A funding from Maniv Mobility and Mirai Creation Fund. The company will use ...
Tags: automobile, Guardian Optical
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 ...
Clariant has launched new 3D Printing business to meet the demand of the fast-changing Additive Manufacturing market for premium and customized 3D printer filaments. Additive Manufacturing (AM) is growing at a rapid pace globally, with ...
Tags: 3D Printing, Additive
Constantia Flexibles has delivered the packaging decoration for chocolate Santa Claus, with its Tepro2 method. Every year, Constantia Flexibles manufactures packaging for more than 50 percent of the 150 million chocolate Santa Clauses ...
Tags: Constantia Flexibles, Packaging
The results of a controlled horticulture lighting study conducted by the US National Science Foundation (NSF)-funded Center for Lighting Enabled Systems and Applications (LESA) at Rensselaer Polytechnic Institute (RPI) in Troy, NY, USA have ...
Global 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 ...
Packaging firm Cascades has acquired four containerboard packaging plants in Ontario, Canada from Coyle family. The firm has also acquired 33% ownership stake in Tencorr, a manufacturer of sheet stock for box producers, as well as ...
Tags: Packaging, containerboard