Australian food manufacturing firm Patties Foods has accepted a $232m acquisition bid made by a private equity firm. Earlier this week, the company said it was approached by Pacific Equity Partners (PEP) with a takeover offer of $1.65 per ...
Standard Motor Products has signed a definitive agreement to acquire General Cable Corporation's automotive ignition wire business for approximately $71m, subject to post-closing adjustments. The acquisition will include the purchase of ...
US-based diversified holding company HC2 Holdings has made an offer to buy agricultural company Andersons for $1bn in cash. The offer, which was made through a letter, valued Andersons' shares at $37 per share, a 43% premium on closing ...
Tags: HC2 Holdings, ethanol, rail sectors
US-based food manufacturer Hormel Foods has entered into a definitive agreement to acquire Justin’s, a nut butter-based snacking brand for $286m. Justin's four nut butter-based snack lines include spreads, squeeze packs, peanut ...
Tags: Snacking Brand, Hormel Foods
US Foods has entered into an agreement to acquire fresh fruit and vegetable processing company Freshway Foods for an undisclosed sum. Freshway Foods also repacks and distributes fresh fruits and vegetables to customers throughout the ...
Tags: Fresh Fruit, Vegetable
Specialty label and packaging solutions provider CCL Industries has agreed to acquire privately held companies Eukerdruck and Pharma Druck CDM (Euker) for approximately $31m including its debt. The two companies have common shareholders ...
Tags: CCL Industries, packaging
Owens Corning (OC) has acquired InterWrap, a British Columbia based manufacturer of roofing underlayment and packaging materials, for $450m. InterWrap, through its facilities in the US, Canada, India and China, produces synthetic roofing ...
Tags: Owens Corning, InterWrap
California-based cheese manufacturing company Cowgirl Creamery has been sold to Swiss dairy company Emmi for an undisclosed sum. Cowgirl Creamery co-founder Sue Conley was quoted by pressdemocrat.com as saying: "We have merged our company ...
Nissan Motor is reportedly in talks with to acquire a one-third stake in Mitsubishi Motors for about JPY200bn ($1.8bn). The talks are in preliminary stages and have not been finalised. The companies are discussing several matters ...
Tags: Mitsubishi Motors, Nissan Motor
Australian dairy processor Burra Foods has signed an agreement with dairy farming company Inner Mongolia Fuyuan Farming, allowing the company to gain a majority shareholding in it. The move is part of Burra's growth plans to improve ...
Tags: Burra Foods, dairy processor
Ventura Foods has agreed to acquire Cargill’s dressings, sauces and mayonnaise (DSM) business for an undisclosed sum. Ventura Foods president and CEO Chris Furman said: "The acquisition of Cargill's DSM business is a strong fit ...
Tags: Ventura Foods, Sauces
Magna International has agreed to acquire Telemotive, an engineering service provider for automotive electronics. Subject to regulatory approval, the transaction is expected to close in the second quarter of 2016. Once complete, ...
Tags: Magna, Telemotive
Brazilian poultry exporter BRF has entered into an agreement to acquire the remaining stake in Oman-based frozen food distributor Al Khan Foodstuff (AKF). Currently, BRF owns 40% stake in AKF and the total acquisition is is estimated ...
Tags: Frozen Food, frozen food products
Luxembourg-based packaging maker Ardagh has signed an agreement to acquire certain metal beverage can manufacturing facilities in Europe, Brazil and the US from US-based beverage can makers Ball and Rexam for $3.42bn. The deal is a ...
Tags: Beverage Can, metal can
US-based flexible and rigid packaging solutions provider Bemis has agreed to acquire medical device packaging operations and related value-added services from SteriPack Group for an undisclosed sum. As part of the transaction, Bemis will ...
Tags: Bemis, Acquisition, Medical device packaging, SterPack Group