Plastic packaging solutions provider Alpla has agreed to acquire South Africa-based Boxmore Packaging for an undisclosed sum. Based in Samrand of Johannesburg, Boxmore manufactures PET pre-forms, PET bottles and closures for the customers ...
Tags: Plastic packaging, packaging
Telsa Motors CEO Elon Musk said that the production of the Model 3 electric car would start this week and the first deliveries are expected to be done by the end of this month. Musk tweeted the latest model from Tesla has received ...
Tags: Telsa Motors, electric cars
PureCircle has developed the first commercially viable stevia antioxidant product providing food and beverage companies new access to health and wellness ingredients for their consumers. While researchers have known that antioxidants are ...
Reckitt Benckiser’s $16.6bn acquisition of US-based infant formula manufacturer Mead Johnson Nutrition is all set to be closed after securing the final regulatory approval. Subject to the meeting of customary closing conditions, the ...
Tags: Reckitt Benckiser, infant formula
Chinese dairy firm Inner Mongolia Yili Industrial Group is preparing an $850m bid to acquire US organic yogurt business, Stonyfield, from Danone. In a statement to the Shanghai stock exchange, Yili Group mentioned that the bid for 100% of ...
American food giant Conagra Brands has agreed to acquire Thanasi Foods, which makes Duke's meat snacks and BIGS seeds. The financial terms of the transaction were not disclosed by the parties. Based in Colorado, Thanasi Foods is a small ...
Tags: Seed Snack, Meat
Canadian consumer packaged meats firm Maple Leaf Foods has agreed to acquire American refrigerated plant-based protein foods manufacturer Lightlife Foods from Brynwood Partners VI for approximately $140m. Maple Leaf will finance the ...
Tags: Maple Leaf, Lightlife Foods
Shell has signed an agreement with Viva Energy Australia Pty Ltd (“Viva Energy”) for the sale of Shell Aviation Australia Pty Ltd for a total transaction value of approximately $250 million USD. It follows the sale of ...
Chinese mapping company NavInfo and internet services group Tencent, along with Singapore wealth fund GIC have announced plans to acquire 10% stake in HERE. HERE is a German-based open location platform company owned by automotive majors ...
Permitting continues for the proposed Elba Liquefaction Project, which consists of 10 small-scale liquefaction units to be purchased from Shell. They will be integrated with the existing Elba Island facility and enable rapid construction ...
The sale is subject to regulatory approval and is expected to be completed in 2015. The transaction includes a Retail Brand Licence Agreement which will ensure that Shell’s brand remains highly visible in Norway and that ...
Tags: the sale, the transaction, the deal
SpartanNash has agreed to acquire certain assets of Indianapolis based Caito Foods Service and its Blue Ribbon Transport (BRT) logistic operations for approximately $217.5m. Additionally, SpartanNash will bear certain transaction costs ...
Tags: SpartanNash, Caito Foods
Polaris Industries has entered into an agreement to acquire Transamerican Auto Parts (TAP), a manufacturer of off-road Jeep and truck accessories, for $665m. After adjusting for the $115m estimated net present value of future tax ...
Tags: Polaris Industries, Auto Parts
East is East and West is West and never the twain shall meet" Rudyard Kipling famously wrote, but a recent high level international conference in Frankfurt, Germany, is determined to prove him wrong, at least with regards healthcare, by ...
Shell has reached an agreement with Dansk Olieselskab ApS for the sale of A/S Dansk Shell in Denmark, which consists of the 70 thousand barrels per day Fredericia refinery and local trading and supply activities, for approximately $80 ...
Tags: Shell, agreement, Dansk Olieselskab ApS