International Paper, a US based pulp and paper company, has signed an agreement to divest its corrugated packaging business to Xiamen Bridge Hexing Equity Investment Partnership Enterprise, for approximately $150m. Under the terms of the ...
Kiefel, the German manufacturer of thermoforming machines and a unit of Brückner Group, has announced to acquire 100% stake in Mould & Matic Solutions, an Austrian supplier of tools and of automation solutions to the packaging ...
Tags: Kiefel, Mould&Matic, Haidlmair Group
Finnish food company Atria is entering Swedish poultry business by acquiring Lagerberg i Norjeby (Lagerbergs). The financial terms of the deal have not been disclosed. Through this deal, the company is purchasing the entire share ...
Tags: Atria, Swedish Poultry, Aquisition
US-based yogurt maker Chobani is planning to enter the beverages segment with Drink Chobani line, after it turned down acquisition offer from PepsiCo. With this new drink range, which will be a blend of fruits with its trademark Greek ...
Tags: Chobani, Aquisition, Beverage segment
Italian producer of pharmaceutical glass packaging, Stevanato Group has acquired the operating units of Balda Group, a Germany based supplier of precision plastic solutions, for €95m ($105m). Under the terms of the deal signed ...
Tags: Stevanato Group, Balda, Aquisition
General Motors announced that it is acquiring Cruise Automation, a startup company that makes self-driving kits for certain types of cars. With this deal, General Motors will add Cruise Automation's software talent and rapid ...
Belgian beverage giant AB InBev says it will allow a Chinese Government owned company to acquire SABMiller’s Chinese beer business if AB InBev itself can acquire SABMiller. AB InBev last week revealed it will allow China Resources ...
Tags: AB InBev, China Market
United Natural Foods has reported financial results for the second fiscal quarter and six months ended January 30, 2016. The Company also announced today that it has acquired certain assets of Global Organic/Specialty Source, Inc. and ...
Dutch dairy company Royal FrieslandCampina is planning to acquire 51% stake in Pakistani-based Engro Foods for $460m. The European dairy company has approached the Pakistan company to buy around 391 million shares from its parent company ...
European bottler of soft drinks and fruit juices, Refresco Gerber has signed an agreement to acquire the bottling facility in Hamburg, Germany from food and beverage company PepsiCo in a bid to strengthen its co-bottling activities. The ...
Tags: Refresco Gerber, soft drinks, fruit juices
The Australian Federal Government's Foreign Investment Review Board (FIRB) is allowing China's Moon Lake Investments to acquire Australia's largest dairy producer, Van Diemen's Land Company (VDL). The purchase price is AUD$280 million for ...
The Australian treasury has given its approval to the sale of the country's largest dairy farm Tasmanian Land Company (TLC) including Van Diemen's Land Company (VDL), to Chinese billionaire Lu Xianfeng's Australian arm Moon Lake Investments ...
Tags: VDL, Dairy Farm
Broadband wireless and wireline communications component maker Anadigics Inc of Warren, NJ, USA says that on 20 February II-VI Inc of Saxonburg, PA, USA submitted a further revised set of proposed amendments to its original 15 January ...
Mondi Group has agreed to acquire the Simet corrugated plant located in Grabonóg, near Poznań in Poland. The plant is designed to produce a wide range of flexo printed packaging including American cases, die-cut and multipoint ...
Broadband wireless and wireline communications component maker Anadigics Inc of Warren, NJ, USA says that, on 18 February, II-VI Inc of Saxonburg, PA, USA delivered a set of proposed amendments to its 15 January agreement to acquire ...
Tags: wireline communication