Canadian dairy giant Saputo has agreed to acquire Australia-based dairy processor Murray Goulburn Co-Operative (MG) for CAD1.29bn ($1.01bn). The is expected to complement the operations of Saputo's Dairy Division (Australia). Saputo ...
Tags: Saputo, dairy processor
Graphic Packaging will create a $6bn paper-based packaging firm by combining with International Paper’s (IP) North American consumer packaging business. IP has agreed to contribute its business for around $1.8bn, of which $660m will ...
Tags: Graphic Packaging, packaging
Food packaging manufacturer Linpac (Klockner Pentaplast) is set to introduce new EPS box solutions for foodservice sector. The company will offer five of its EPS box solutions in black color for fast food retailers and caterers. ...
Tags: Food packaging, EPS box solutions
KeyImpact Sales & Systems, a foodservice sales and marketing agency in the US, has announced the acquisition of Premium Packaging Group (PPG), a foodservice packaging and supply sales agency. This acquisition is the third by KeyImpact in ...
Tags: Keyimpact, Premium Packaging
Chilean fruit producer Hortifrut has agreed to take over the blueberry business of Talsa for $160m. In addition to the cash payment, Talsa will get a stake of 17.13% in the merged company alongside a result-based reward. Talsa, a ...
US global private equity firm, The Riverside Company, has agreed to acquire Texas-based food ingredients company Parker Products for an undisclosed price. Parker Products serves the baking, dairy, beverage, confectionery, RTE and snack, ...
Tags: Riverside, Food Ingredients, Parker Products
US-based poultry producer Simmons Prepared Foods has announced an investment of $300m to build a new chicken operation facility in Benton County, Arkansas. Operations at the new chicken processing plant, located between Decatur and ...
Post Holdings has agreed to acquire Ohio-based sausage maker Bob Evans Farms for nearly $1.5bn to strengthen its position in refrigerated retail and food-service channels. The acquisition, which will see the American packaged foods ...
Tags: Post Holdings, Sausage
Finnish food packaging specialist Huhtamaki has completed the purchase of International Paper's foodservice packaging operations in China. The divested business has two facilities in Shanghai and Tianjin and a workforce of about 200 ...
Tags: Foodservice Packaging, Paper
Ardo has acquired a majority stake in VLM Foods, a supplier of processed food in North America. Besides VLM Foods, the deal includes a controlling stake in Compañia Frutera La Paz S.A., Costa Rica’s largest frozen pineapple ...
US-based Hormel Foods has entered into South America with the acquisition of Brazilian meat company Cidade do Sol for about $104m. Cidade do Sol offers over 70 products in 15 categories that include meats like mortadella, sausage and ...
Tags: Cidade do Sol, sausage
UK-based bakery products manufacturer Finsbury Food Group is planning to close its Grain D'Or bakery business, putting around 250 jobs at risk. The company said that Grain D'Or has been historically loss making even after implementing ...
Tags: bakery products, bakery
American branded food giant Hormel Foods has purchased Italian meats company Fontanini Italian Meats and Sausages from Capitol Wholesale Meats for $425m. Based in Chicago, Fontanini is a branded foodservice business which was established ...
Tags: Hormel Foods, Meats
US-based meat-processing company Smithfield Foods has acquired Kansas City Sausage for an undisclosed price to grow its packaged meats business and boost its supply chain. Kansas City Sausage is a pre-rigor sausage producer and processor ...
Tags: Smithfield Foods, meat
American food giant Tyson Foods will invest $84m to expand its poultry plant in Tennessee, a move that will double its output capabilities and create over 300 jobs. The expansion project in Union City in Obion County which will begin this ...
Tags: Tyson Foods, chicken