The Hain Celestial Group has launched a new strategic platform Cultivate Ventures to invest in lifestyle brands, smaller portfolio brands and concepts as well as incubator opportunities. The company said that the investments should ...
Tags: Hain Celestial, Cultivate Ventures
Electric car-maker Tesla Motors has agreed to acquire German company Grohmann Engineering. Accelerating a sustainable energy future is only possible with high-volume factories. They allow us to manufacture high-quality products with ...
Tags: Tesla, Engineering
AmerisourceBergen subsidiary World Courier has introduced new Cocoon thermal packaging solution for pallet-sized shipments. The solution was developed by World Courier’s Climate Optimisation Research & Engineering (CORE) Labs, a ...
Tags: World Courier, Packaging
PT SMART is showcasing a range of innovative ingredients for bakery sector at SIAL Interfood Exhibition in Jakarta. The event is taking place from 9 to 12 November. The theme for this year’s event, “A Taste of Spring,” ...
Florida-based distiller Timber Creek has introduced the whiskey industry's first and only Bourbon Blending Kit. The limited edition gift set features a selection of 100% single grain whiskeys and Timber Creek's Bourbon Blending Guide ...
Tags: distiller, Timber Creek
Nestlé Health Science announced that it will make an equity investment of $145m in US-based Aimmune Therapeutics, which corresponds to a 15% stake after completion of the transaction. The parties also entered into a strategic ...
Tags: Food Allergies, Nestle
The food and drink industry is being urged to better protect itself from fraud in order to safeguard their businesses and consumers. The warning comes from the Chartered Institute of Environmental Health (CIEH) on the same day the ...
Tags: Fraud Good, CIEH
An organic industry watchdog contends the US Department of Agriculture (USDA) has quietly allowed a flood of hydroponically-produced fruits and vegetables, largely imported, to be illegally labeled and sold as "organic." This produce is ...
Tags: Cornucopia Institute, USDA
Detroit-based auto-parts maker American Axle & Manufacturing (AAM) has agreed to acquire Metaldyne Performance Group (MPG) in a transaction worth about $3.3bn. MPG provides lightweight components for use in powertrain and suspension ...
Tags: American Axle, Metaldyne
Flexible packaging converter American Packaging (APC) is planning to build a new $170m manufacturing plant in Monroe County, New York, US. Planned to be built on Beaver Road in the Town of Chili, the facility is scheduled to be ...
Tags: American Packaging, Packaging
Supremex, a North American manufacturer and marketer of a broad range of stock and custom envelopes and growing provider of packaging and specialty products, announced its results for the third quarter and nine-month period ended 30 ...
UK's Close Brothers Brewery Rentals (CBBR) and US-based MicroStar Logistics have collaborated to offer brewers quality, flexibility and efficiency with a combined scale of over 4 million kegs across the Atlantic. When it comes to ...
Donaldson Company has introduced new LifeTec technology for food and beverage process filtration. The filters are engineered for higher flow rates, greater strength, and longer life than comparable products, with a variety of media ...
Australian rigid and flexible packaging products provider Amcor has closed acquisition of plastic blow molding operations of the US-based packaging firm Sonoco Products for $280m. As part of the deal signed earlier, Amcor has purchased ...
Tags: flexible packaging, Amcor
Cellana and PIVEG have signed a letter of intent to jointly develop and commercialize Omega-3 oils and other high-value applications from algae biomass. Financial terms of the deal have not been disclosed. Cellana presently produces ...
Tags: Cellana, Omega-3 Oils