Conner Industries, a provider of integrated packaging solutions, has received from existing investors additional growth capital which, when added to the investment made in April 2017, totals $10m. The capital infusion will be used for ...
Food and agriculture investment firm Arlon Group has purchased a minority stake in Brazil-based CBL Alimentos (Betania). Betânia is the largest dairy company in the Northeast Region of Brazil, producing fluid milk, dairy drinks and ...
Tags: Arlon, milk production
RISI announced that the China RCP Conference will combine with international containerboard expertise to provide a holistic view of the market dynamics of Containerboard. Named the 6th International Recycled Fiber and Containerboard ...
Tags: Containerboard, Fiber
Australian horticultural company Costa Group has agreed to acquire Lankester Avocado's orchards and packing operations in Queensland for an undisclosed price. The avocado business owned by the Lankester family cultivates the fruit in a ...
Tags: Costa Group, packing
Flexible packaging products manufacturer Bemis is planning to close two manufacturing facilities and separately cut about 300 jobs as part of its measures to reduce cost structure. The company unveiled its restructuring and cost savings ...
Tags: Flexible packaging, packaging
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
RPC Group has reported a 67% increase in its revenue to £2.74bn for full year ended 31 March 2017, compared to £1.64bn for the same period in 2016. The British packaging giant stated that overall like-for-like sales improved ...
API Group has invested more than $8.5m in a North American Center of Excellence in Lawrence, Kansas. The project will consolidate API’s decorative holographic and foil manufacturing on the existing site, with the addition of new ...
Real Good Food announced that it has acquired an 84.33% stake in Brighter Foods for total consideration of up to £9m, on a cash and debt free basis. The two companies announced a new partnership to build on the success for the Wales ...
Tags: Real Good Food, snack bar
Pretium Packaging has acquired Patrick Products, a supplier of packaging and container for the janitorial, automotive, and household chemical market sectors. US-based Patrick is engaged in the manufacturing of rigid blow-molded plastic ...
UK-based packaging firm RPC Group has signed an agreement to acquire Letica, a US-based manufacturer rigid plastic packaging and foodservice products, for $640m. Letica is engaged in manufacturing rigid plastic packaging and foodservice ...
Tags: packaging, RPC Group, rigid plastic
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
On december 16, Dongfeng Commercial Vehicle Company held 2017 Distributors Conference in Wuhan. In the conference, Dongfeng increased the target of market share to 15%. In terms of the target, Dongfeng has four upgrade of all the series ...
Tags: Dongfeng
Brazilian meat company BRF has launched a new subsidiary named OneFoods to target the halal market in Middle East countries. The company has commenced the operations of the new subsidiary, which previously was called Sadia Halal. With ...
Tags: Halal Market, BRF
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