US-based infant formula manufacturer Mead Johnson has agreed to acquire spray drying and finishing capabilities from Australian food group Bega Cheese for A$200m. The deal includes one of Bega Cheese's spray dryers at Tatura and an infant ...
Tags: Cheese, infant formula
Werner-Todd will begin operating and conducting business under the Anderson Process name and brand from 6 March 2017. According to Anderson Process, the acquisition and merger creates one of the largest dedicated process equipment ...
Tags: Anderson Process, Werner-Todd, Pump
Innovative Chemical Products (ICP Group) has acquired US firm MinusNine Technologies for an undisclosed sum. Based in Birdsboro of Pennsylvania, MinusNine is engaged in the formulation and manufacturing of UV/EB coatings, adhesives, ...
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
KapStone Paper and Packaging reported preliminary results for the fourth quarter and year ended December 31, 2016. As compared to 2015's fourth quarter, results for 2016's fourth quarter: Net sales of $777 million, up $13 million, or 2 ...
Tags: KapStone Paper, Packaging
US-based containerboard and corrugated packaging products producer KapStone Paper and Packaging has acquired the assets of Carolina-based Associated Packaging, and Fast Pak (API) for undisclosed amount. Employing 77 people, API is engaged ...
Tags: Kapstone Paper, Packaging
International technology group Andritz has purchased technology and intellectual property assets from Swedish firm Franssons Recycling Machines. Based in Sundsvall, Franssons Recycling manufactures and produces machinery for recycling ...
Tags: Andritz, International technology
TRU Aseptics, (TRU) has completed its acquisition of the former WILD Flavors Aseptics Facility in Beloit, Wisconsin from Chicago-based Archer Daniels Midland Company. The facility is 65,000 sq. ft. and sits on 5.2 acres. TRU will ...
Tags: TRU Aseptics
Clearwater Paper reported financial results for the fourth quarter of 2016. The company reported net sales of $425.6 million for the fourth quarter of 2016, down 1.4% compared to net sales of $431.6 million for the fourth quarter of 2015 ...
Tags: Clearwater Paper
Crown Holdings announced that Gerard Gifford has been appointed as executive vice president and chief operating officer effective 01 April 2017. In this new role, Mr. Gifford will continue to report to Timothy J. Donahue, President and ...
Tags: Crown Holdings, Beverage Packaging
Stone Canyon Industries (SCI), through its subsidiary BWAY, has agreed to acquire Mauser Group, a rigid packaging products supplier, from private investment firm Clayton, Dubilier & Rice (CD&R) for $2.3bn. German firm Mauser operates more ...
Tags: Stone Canyon, Packaging
Renault has acquired Power Vehicle Innovation (PVI), a specialist in the electrification of Light Commercial Vehicles. The assets of PVI, which boasts recognised expertise in the design and conversion of commercial vehicles running on ...
Lear, which supplies automotive seating and electrical systems, has agreed to acquire Grupo Antolin's automotive seating business. Grupo Antolin's seating business is headquartered in France with sales and operations concentrated in 5 ...
Tags: Lear, Antolin's Automotive, Seating Business
China's overseas direct investment is estimated to soar 40 percent to a record $189 billion in 2016 from the previous year, according to a study released by the US consultancy Rhodium Group and Berlin-based Mercatur Institute for China ...
The exponentially expanding appetite of Chinese mainland capital for international real estate assets reached a record high in 2016-and is likely to continue to play a significant role in the global property market in the next few ...
Tags: real estate assets