Volkswagen is nearing a $4.3bn settlement with the US regulators that would include pleading guilty to several criminal charges in the diesel emissions scandal. The company is in advanced discussions with the USDepartment of Justice and ...
Tags: Volkswagen, Diesel Emissions
Irish dairy products firm Ornua has entered into an agreement to supply New Zealand homemade yogurt brand EasiYo’s products in the UK and Europe. In this regard, Ornua Nutrition Ingredients (ONI) has signed a 5-year ...
Tags: dairy products, European Markets
Pure Growth Organic has secured an undisclosed minority investment from Colorado based start-up accelerator Sunrise Strategic Partners. With the new investment, the New York based producer and marketer of organic snacks intends to move to ...
The company has partnered with Cookies by Design to launch a range of themed baskets featuring an iconic bear and handmade cookies. Build-A-Bear Workshop is set to launch a collection of cookie baskets complete with one of its iconic ...
Tags: Build-a-Bear, Baskets
Linx Printing Technologies has selected packaging equipment supplier Multicheck as its distributor for Denmark. The deal allows Linx to expand its operations in the Scandinavian region. Multicheck will distribute the company's range of ...
Volkswagen has agreed to recall an additional 83,000 vehicles and pay $250m to partially settle claims related to its emissions cheating scandal. The company signed an agreement with the US Department of Justice (DOJ) on behalf of the ...
Tags: Volkswagen, Vehicles
Nexgen Packaging has collaborated with Turkey-based KT Label to bring a range of leather labels to its global clients. The deal allows Nexgen retail and other customers to access a range of KT leather label designs and distribute label ...
Tags: Packaging, Nexgen Packaging
Finland-based pulp and paper manufacturer Stora Enso has divested its 100% stake in packaging machine producer Formeca to Amitec for undisclosed amount. Formeca, Stora Enso’s Finnish subsidiary, is engaged in providing high-quality ...
Tags: Amitec, Packaging Machine
Fortis Solutions Group, a provider of printing, packaging, and labeling solutions, has acquired US-based Action Packaging Systems to strengthen its business. Action Packaging Systems is engaged in providing pressure sensitive prime, ...
China Mengniu Dairy has agreed to acquire China Modern Dairy (CMD) for HK$6.4bn ($826m) to consolidate its position in the high-end dairy products sector. As part of the deal, China Mengniu will buy 965.47 million shares in CMD from a ...
Tags: Mengniu Dairy, Dairy
The agreement follows the successful co-operation between Trends UK and Wind Designs that was initiated in 2016 with the joint launch of the popular Wet Head game from Zing Toys. Trends UK has signed a distribution deal with Wind Designs ...
Volvo Cars and Autoliv have signed a final agreement to set up a new joint venture (JV) for the development of software for autonomous driving and driver assistance systems. The deal is based on the letter of intent announced during fall ...
Tags: Volvo Cars, Autoliv
Food packing firm Hilton Food has entered into a joint venture (JV) with Portugese retailer Sonae Modelo Continente to supply its stores with a range of packaged beef, lamb, veal and pork products. As per terms of the deal, Hilton will ...
Tags: Hilton Food, Portuguese Market
Canadian label and packaging maker CCL Industries has signed an agreement to acquire Innovia Group, a UK-based manufacturer of specialty co-extruded, bi-axially oriented polypropylene (BOPP) films for C$1.13bn ($842m). Innovia Group, a ...
Tags: CCL Industries, polypropylene, BOPP films
Philippines canned food company Century Pacific Food (CNPF) will acquire 100% stake in a group of unnamed Chinese distribution companies for a total price of $2.56m to further expand its branded exports business. In this regard, CNPF is ...
Tags: Century Pacific, exports business