Pritzker Group Private Capital has agreed to acquire flexible packaging company ProAmpac from private equity firm Wellspring Capital Management for undisclosed amount. ProAmpac, which operates under Prolamina, Ampac and Tulsack brands, ...
Swedish firm AR Packaging Group has signed an agreement to acquire a majority stake in Indonesian paper packaging firm PT Maju Jaya Sarana Grafika (MJSG) for undisclosed amount. Maju Jaya provides services from design, prepress, ...
Tags: AR Packaging, Packaging
US-based cereal maker Kellogg has entered into an agreement to acquire Ritmo Investimentos, a controlling shareholder of Brazilian food group Parati Group. The purchase price of the acquisition is about $429m and it will be an all-cash ...
Tags: Kellogg, emerging markets
JBT Corporation, a global technology solutions provider to high-value segments of the food & beverage industry, announced the completion of its previously disclosed agreement to purchase the assets of Cooling and Applied Technologies. The ...
Tags: beverage industry, JBT
More than a dozen Chinese and the U.S. enterprises on Friday signed agricultural transaction contracts worth 2.1 billion U.S. dollars, under which Chinese enterprises will import 5.1 million tons of farm products from the U.S. companies. ...
Tags: Agricultural, Soybeans, Corn
US based global fruit and vegetable producer Dole Food Company has acquired TrucFrut farms and packing facilities in Chile for an undisclosed sum. The acquisition move is to increase volumes and variety of Dole’s produce, in ...
Tags: Dole Food, TrucFrut, acquisition
US-based sandwich producer AdvancePierre Foods has acquired raw and cooked beef and chicken Philly steak product maker Allied Specialty Foods from Steven Zoll for $60m in cash. However, the transaction amount is subject to certain ...
Tags: AdvancePierre Foods, Allied Specialty Foods, acquisition
DXP Enterprises Inc has sold Vertex Corporate Holdings Inc, a master distributor of industrial fasteners, to Houston Wire & Cable Co (HWC). DXPE received approximately US$31.0 million in net cash proceeds, subject to customary transaction ...
Tags: DXPE, Vertex Corporate Holdings, HWC
Friedrichshafen / Stockholm – ZF Friedrichshafen AG, through its wholly-owned subsidiary ZF International B.V. (“ZF”), announced today that it has withdrawn its recommended public cash offer (the “Offer”) to ...
Tags: ZF, withdraw, public cash offer, Haldex
Constantia Flexibles Group has agreed to acquire flexible packaging business of Italian company Lamp San Prospero in a bid to strengthen its pharmaceutical packaging business in Europe. The transaction is planned to be completed in the ...
The Continental Corporation has announced targeted acquisitions to expand its technology expertise. The international automotive supplier, tire manufacturer and industrial partner has acquired the tire specialist Hoosier Racing Tire ...
Tags: Continental Corporation, acquisition, technology expertise
Canada-based organic food company SunOpta has raised $85m from funds managed by Oaktree Capital Management to reduce its debt. The company said that it will utilise the funds to repay its debt and to increase financial flexibility. The ...
Tags: SunOpta, Oaktree Capital Management, fund
The European Commission (EC) has approved the joint acquisition of Slaney Foods JV and Slaney Proteins by ABP Group and Fane Valley. The proposal for acquisition of the stake has been cleared unconditionally by Europe’s competition ...
Tags: EC, joint acquisition, ABP, Fane Valley
Food technology company JBT has entered into an agreement to acquire Tipper Tie for $160m to expand its protein platform. However, the transaction value is subject to customary post-closing adjustments. Expected to close in the fourth ...
Tags: JBT, Tipper Tie, acquisition
Cargill reported financial results for the fiscal 2017 first quarter ended 31 August, 2016. Key measures include: Adjusted operating earnings rose 35 percent to $827 million in the first quarter, compared with $611 million in the ...
Tags: Cargill, fiscal results