Marine logistics company Oricon Enterprises (OEL), a flagship company of Parijat Enterprises, will be acquiring 70% stake in India-based Oriental Containers for $16.77m (INR105cr). OEL will buy the company from its Mauritius-based joint ...
Tags: OEL, water closures, Packaging
Chinese food establishment Cofco is exploring deals for possible acquisitions or partnerships in the US, a move that could provide the company with access to the world’s largest source of corn and a top soybean grower. Cofco ...
Tags: Cofco, Grain Market, Food
French Can-Dom has released its range of silicone lid for aluminum cans in the US and European market. The new lids are claimed to prevent beverage spillage from the cans and also address the problem of leakage. Created by a French ...
A recent study across the US revealed that highly processed foods were at the top of the American consumers shopping list, which consisted of more sugar, salt and fat than foods that were less processed—equalling 60% in calories of ...
Tags: shopping list, Foods
Brazilian private equity firm 3G Capital Partners is in talks to acquire American Food Company Kraft Foods, in a deal potentially valued at more than $40bn. According to people familiar with the matter, the private equity firm would ...
Tags: Kraft Foods, market, brands
WWE and Authentic Brands Group, LLC announced a joint venture for Tapout, a newly repositioned fitness lifestyle brand. Tapout is now the official fitness and training partner of WWE, and will be integrated across WWE’s global ...
Tags: WWE, Repositioned fitness, Sporting Goods
Hong Kong based startup Vitargent has developed a food testing technology with fish embryos to detect toxic substances in food. Though the technology has been developed for food and beverages, it also has applications in areas such as ...
Tags: food safety, fish, EEDs
Starbucks and China’s leading food and beverage producer Tingyi Holding have signed an agreement to manufacture and expand the distribution of the US company's ready-to-drink (RTD) products throughout mainland China. As per the ...
South African food company Pioneer Foods is planning to buy more assets in African countries following the acquisition of major stake in Nigerian firm Food Concepts. The South African firm, which recently completed the $7m purchase of ...
Tags: beverages, investments, Food
Frutarom Industries has acquired Belgian flavours company Taiga International in a $ 2.9m deal. Taiga currently offers flavours for the food, beverages and tobacco industries, including the leading chocolate manufacturers. The company ...
Tags: tobacco, Frutarom Group, Food
Mumbai-based private equity firm Kedaara Capital has forayed into the packaging sector by investing close to $32m (Rs 200 crore) in an unlisted folding cartons and paper packaging company, Parksons Packaging. The company said that it ...
Tags: folding cartons, paper packaging, Packaging
Philippines-based food, beverage and packaging company San Miguel Corporation (SMC) has acquired Australia’s Vinocor for an undisclosed amount. Vinocor specialises in supplying wine bottle closures and customised bottles in ...
Tags: Wine Packaging, beverage packaging
Private equity firm, The Onex Group, has completed the acquisition process of SIG Combibloc Group, suppliers of carton packaging and filling machines for beverages and food, for €3.75bn. SIG is a part of the New Zealand-based Rank ...
Tags: packaging materials, corresponding filling machines, SIG
The decline in soft drink consumption among Australians has slowed. For young Australians aged under 25 years, soft drink consumption is actually increasing year-on-year, according to new findings from market research organisation Roy ...
Tags: Soft Drinks, Coca-Cola
Who are the world’s biggest polluters? A report by non-profit environmental and social responsibility organisation, As You Sow, and the Natural Resources Defense Council (NRDC), examined the packaging practices of forty-seven fast ...
Tags: plastic packaging, packaging