Paper and packaging firm WestRock has agreed to acquire Cenveo Packaging in a $105m deal. Based in Connecticut, the US, Cenveo Packaging operates six facilities across North America where it produces folded carton, shrink sleeve and ...
Tags: WestRock, Packaging, Cenveo Packaging
DS Smith is expanding its market share in Spain after agreeing to buy Spanish company Grupo Lantero's corrugated products business. The recyclable corrugated packaging provider said the €190 million purchase, including assumed debt, ...
Tags: DS Smith, corrugated packaging
Grupo Modelo, an arm of beverage major Belgium-based Anheuser-Busch InBev, will pump in $325m in two plants in Yucatan, Mexico, including an aluminum beer-can unit. The cans manufactured at the new unit will replace those being currently ...
Tags: Grupo Modelo, Packaging
Swiss food major Nestle is reportedly engaged in advanced level talks to sell its frozen food unit Davigel to Brakes Group, which is owned by Massachusetts based buyout fund Bain Capital. A person familiar with the situation told ...
Tags: Nestle, Brakes Group
French drinks group sale of icts Mexican RTD brand Caribe Cooler to Grupo Bepensa. The deal amount has not been revealed, reports The Spirit Business. Mexico-based conglomerate Bepensa had agreed to acquire the RTE brand in December ...
Tags: RTE brand, wine cooler, Food
Canada Bread, a manufacturer and distributor of fresh bakery products, is set to shut down its bakery in Halifax, Nova Scotia, in November. The company will gradually phase out operations from as early as June, and will consolidate ...
Tags: Canada Bread, Villaggio, Food
Dutch brewing company Heineken is planning to build a new brewery in northern Mexico, which will see an investment of around $470m. The proposed plant will be capable of producing nearly 5 million hectoliters of beer annually. The ...
Smurfit Kappa will acquire non-integrated corrugated, folding cartons and flexible packaging manufacturer Grupo CYBSA to enhance its footprint in the growing Central American market. CYBSA operates five packaging plants in El Salvador ...
Mexican baking company Grupo Bimbo's subsidiary Canada Bread has completed the acquisition of Saputo Bakery in a C$120m ($103.27m) deal. Earlier in December 2014, Canada Bread has entered into an agreement to this effect. Saputo ...
Tags: Saputo Bakery, baking company
The Cutrale and Safra Group has extended its previously announced tender offer for the acquisition of US-based banana producer Chiquita Brands International until 12:00 midnight, New York City time, at the end of the day on January 5, 2015. ...
Tags: farming, processing, technology, sourcing, Agriculture
Grupo Herdez has agreed to acquire Nestlé’s ice cream business in Mexico, Helados Nestlé, for around MXN1bn ($68.7m). The acquisition covers an ice cream manufacturing facility in Lagos de Moreno, Jalisco, as well ...
Tags: Ice Cream, equipment, freezers, Agriculture
Mexican baking company Grupo Bimbo's subsidiary Canada Bread has agreed to acquire Saputo Bakery, a subsidiary of Canadian dairy company Saputo, in a C$120m ($103.27m) deal. This acquisition of Canada's leading producer of snacks cakes ...
Tags: Canada Bread, Saputo Bakery, snacks cakes
Mexican food firm Grupo LALA has agreed to acquire assets of Nicaraguan food company Eskimo for an undisclosed amount. An agreement to this effect was signed by both the companies, with the transaction to be closed after obtaining ...
Tags: ice cream, milk and yoghurt, Agriculture
Mexican corn miller and tortilla producer Gruma has announced plans to invest $50m in a new plant in Russia, over the next two years. Located in the Moscow Region, the new plant will be capable of producing around 31,500 tonnes of corn ...
Tags: tortilla wraps, tortilla, tortilla chips, Agriculture
Global brewing major SABMiller has agreed to expand its product presence to Brazil, under a partnership with Grupo Petropolis. Earlier in 2012, the company terminated its operations in Brazil citing a difficult exchange rate that made ...
Tags: Beer Market, SABMiller, Agriculture