South African food company Pioneer Foods has announced that it would buy a 49.89% stake in major FMCG manufacturer Weetabix East Africa for an undisclosed amount. The acquisition is expected to establish a strategic beachhead for Pioneer ...
Tags: Pioneer Foods, Cereal
Samsung recently announced its plans to acquire connected car tech firm Harman, in a deal worth $8 billion – the company's largest ever acquisition. The move prompted many to speculate that Samsung could use Harman audio technology ...
Tags: Samsung, smartphone
UK food producer Cranswick has acquired Northern Irish pork processing business Dunbia Ballymena for an undisclosed amount. Cranswick purchased the entire issued capital of Dunbia Ballymena’s pork business for cash. Dunbia ...
Tags: Cranswick, food producer
Beverage dispensing equipment maker Celli Group has acquired Cosmetal United, which produces drinking water dispensing systems. Financial details about the acquisition have not been disclosed. The acquisition is part of Celli’s ...
Tags: Celli Group, Water Dispenser
Polaris Industries has completed the acquisition of TransAmerican Auto Parts (TAP), a manufacturer, distributor and retailer of off-road jeep and truck after market accessories for $665m. Polaris expects the TAP acquisition to contribute ...
Tags: Polaris, Auto Parts
Cargill has agreed to acquire Brazil-based SGS Microingredients for an undisclosed sum in a move to expand its business in the industrial oils segment. The acquisition of SGS Microingredients is said to be in line with Cargill’s ...
Tags: Cargill, Industrial Oils
Irish food company Greencore Group has announced the proposed acquisition of Peacock Foods for $747.5m to expand its presence in the US. The US based Peacock Foods is headquartered in Geneva, Illinois and is into producing frozen ...
Tags: Greencore, Peacock Foods
Austria-based Schur Flexibles Group has signed an agreement to acquire majority stake in the Dutch company Drukkerij Zwart for undisclosed amount. Drukkerij Zwart is engaged in developing and producing packaging products for the food ...
Tags: Packaging, Drukkerij Zwart
Cascades reports its unaudited financial results for the three month period ended 30 September 2016. Q3 2016 Highlights Sales of $1,021 million (compared to $998 million in Q2 2016 (+2%) and $1,026 million in Q3 2015 (stable))Adjusted ...
Tags: Cascades
Intertape Polymer Group Inc., released results for the third quarter ended September 30, 2016. Third Quarter 2016 Highlights (as compared to third quarter 2015): Revenue increased 3.0% to $206.6 million primarily due to the ...
B&G Foods has announced a 49.2% increase in net sales for the July-September quarter of this year. Highlights (vs. year-ago quarter where applicable): Net sales increased 49.2% to $318.2 millionNet income increased 63.6% to $32.4 ...
Tags: B&G Foods, Financial Results
Australia’s Nutrano Produce Group has entered into an agreement to acquire Seven Fields and Abbotsleigh Group businesses to strengthen its position in the fresh produce sector. However, the financial details of the transaction were ...
Tags: Fruit Producers, Nutrano Produce
Constellation Brands said it will submit a proposal to the US Department of Justice to acquire a brewery operation from Grupo Modelo, a subsidiary of Anheuser-Busch InBev SA/NV, for $600m. Located in Obregon, the brewery is expected to ...
US-based Berlin Packaging has closed the acquisition an Italian company Bruni Glass to expand its presence in European glass markets. The combined company is expected to have annual sales in excess of $1.2bn by the end of 2016 and a ...
Tags: Berlin Packaging, Bruni Glass
Print and packaging solutions provider Multi Packaging Solutions International (MPS) has acquired UK-based AJS Labels and US-based i3 Plastic Cards, expanding its range of products. AJS Labels is engaged in manufacturing of self-adhesive ...
Tags: Multi Packaging, Plastic Cards