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
The US Missile Defense Agency has awarded Raytheon Company of Waltham, MA, USA a contract modification to develop a transition to production process to incorporate gallium nitride (GaN) components into existing and future AN/TPY-2 radars. ...
Jing Zhang, an engineering faculty member at Rochester Institute of Technology, has received a $305,000 grant from the US National Science Foundation (NSF) to acquire an inductively coupled plasma reactive-ion etching (ICP-RIE) system for ...
Tags: RIT, NSF, ICP-RIE system
NLI provides critical and safety-related equipment, equipment maintenance, equipment qualification and engineering services, including pumps and pump repair, to the worldwide nuclear industry. Engineering, design, manufacturing, testing ...
Tags: Westinghouse, NLI, acquisition
Macao in southern China -- renowned as Asia's Las Vegas -- has tabled plans to become a hub to make traditional Chinese medicine more standardized and scientific and to further develop it to enable its products to be sold around the world. ...
Tags: Medicine, Chinese Medicine
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 ...
US firm JBT has signed an agreement to acquire Tipper Tie from Dover for around $160m. Based in Apex of North Carolina, Tipper Tie provides protein processing and packaging solutions, and related consumables to the food industry. The ...
Tags: JBT, agreement, Tipper Tie
A new research has revealed that the number of UK breweries has increased by 8% to nearly 1,700 over the past year due to the continuous surge in popularity of craft beers. The research from UHY Hacker Young has found that the number of ...
Tags: UK breweries, rise, demand
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
South Africa-based Rhodes Food Group has announced plans to acquire domestic food producer Pakco for R200m ($14.5m), as part of its expansion strategy. Pakco owns popular brands, including the iconic Bisto brand, Hinds, Buffalo, Southern ...
Tags: Rhodes Food Group, Pakco, acquisition
US Foods has entered into an agreement to acquire specialty foods distributor Jeraci Foods to expand its reach in the Italian independent restaurant and pizzeria sectors. However, the terms of the transaction were not disclosed. Based ...
Tags: US Foods, Jeraci Foods, acquisition
Ausnutria Dairy has formed a joint venture with New Zealand based Westland to produce and sell dairy based powder products, including infant milk powder. Through the joint venture named Pure Nutrition, the companies will set up a new ...
Tags: Ausnutria Dairy, Westland, dairy based powder products
‘We are enthusiastic to join the KidKraft team because they understand our business, and we share the same passion for traditional and imaginative play,’ says Solowave’s Robert Bartucci. KidKraft is expanding into the ...
Tags: KidKraft, acquisition, Solowave Design
Tequila giant Jose Cuervo has filed for an initial public offering (IPO) on the Mexico stock exchange, with plans to raise about $1bn. The company revealed that the stock sale will be handled on its behalf by the local units of Morgan ...
Tags: Jose Cuervo, IPO, Mexico stock exchange