US-based packaging firm Sonoco has completed its purchase of flexible and forming plastic packaging films manufacturer Clear Lam Packaging for about $170m. Clear Lam Packaging, which was established in 1969, operates manufacturing plants ...
Tags: Sonoco, Lam Packaging
Sovos Brands, a new food and beverage firm established by Advent International, has completed its the acquisition of Rao's Specialty Foods. Financial terms were not disclosed. Rao's Specialty Foods is the second acquisition in less than ...
Tags: Specialty Foods, food, beverage
Mitsubishi Heavy Industries America (MHIA) has completed the construction of a two-train polyethylene facility in the US for ExxonMobil Chemical. MHIA, a subsidiary of Mitsubishi Heavy Industries (MHI), secured the construction order from ...
Graphic Packaging International has completed the previously announced acquisition of Carton Craft and its affiliate Lithocraft. The deal, which was signed last month, was subject to standard closing requirements and regulatory review. ...
Tags: Graphic Packaging, paperboard
Sycamore Brewing is set to release a brand-new suite of cans brewed in their recently completed $2.5 million-dollar production facility and cannery in the North End neighborhood of Charlotte, North Carolina. Since opening in 2014, ...
Intertape Polymer Group (IPG) has completed the previously announced acquisition of Montreal, Canada-based tape manufacturing Canadian Technical Tape (Cantech). The purchase allows IPG to expand its tape manufacturing capabilities not ...
Tags: Intertape Polymer, Polymer
Avery Dennison announced that it has completed the acquisition of Yongle Tape Company, a manufacturer of specialty tapes and related products in a variety of industrial markets, from its management and private equity firm ShawKwei & ...
Tags: Avery Dennison, tapes
Nokia has announced a pair of new smart health devices as it completes the rebranding from the Withings company it purchased one year ago. The company has introduced the new Nokia Body smart scale, which at just £55/$60, is much ...
Tags: Nokia, smart health device
Brandtjen & Kluge and Kurz Transfer Products have partnered co-market the Kurz Digital Metal technology in the US and Canada. The partnership will combine Kurz's knowledge in the development and manufacturing of foil for the packaging and ...
Tags: Digital Metal Solution, labels
UK-based resource management firm Veolia has introduced a new coffee cup recycling solution, in a bid to reduce cup contamination and increase recycling rates. The solution has been designed based on coffee cup disposal habits and trials ...
Tags: Veolia, Coffee Cup
Tyson Foods has completed the acquisition of AdvancePierre Foods, a provider of ready-to-eat sandwiches, snacks and other food products, for about $4.2bn. The acquisition to expands its Tyson Foods’ portfolio of prepared foods and ...
Tags: Tyson Foods, sandwiches, snacks
Dow Chemical has completed the construction of its new ELITE enhanced polyethylene production facility in Freeport, Texas, US. Part of the firm’s $6bn expansion on the US Gulf Coast, the 400,000 metric ton polyethylene facility is ...
Tags: Dow Chemical, polyethylene
US-based corrugated packaging firm WestRock has completed the acquisition of Multi Packaging Solutions International (MPS) for a total enterprise value of $2.28bn. Under the deal, WestRock purchased all of the outstanding shares of MPS ...
Tags: corrugated packaging, WestRock
Canada-based Brick Brewing has completed a brand licensing agreement for the rights to the Chudleigh's brand for cider. The agreement is for an initial ten-year term, with provision for further extensions. “This is an exciting ...
Tags: Brick Brewing, cider
Samsung SDI has completed the construction of an electric vehicle (EV) battery plant in Hungary. Samsung SDI President Jun Young-hyun hosted a completion ceremony for the state-of-art electric vehicle (EV) battery plant scheduled to open ...
Tags: Samsung SDI, electric vehicle, battery