Private equity firms L Catterton and Ambienta have agreed to acquire Italy-based beauty packaging firm Pibiplast for an undisclosed sum. Based in Correggio, Pibiplast is engaged in designing and manufacturing of beauty and personal care ...
The UK food industry has fallen short of the 5% target of sugar reduction across food products set by Public Health England (PHE) in the first year of its 4-year sugar reduction program. According to a report unveiled by the executive ...
Tags: Food Industry, Sugar
The Canadian government passed legislation to introduce plain packaging for tobacco products despite evidence that the policy doesn't work and is not supported by Canadians. A study by Forum Research shows Canadians believe requiring ...
Tags: Plain Packaging, Packaging
Eurofins Scientific has agreed to acquire Covance Food Solutions, the food testing and consulting business of global life sciences company LabCorp, for $670m. The global bioanalytical testing firm said that the acquisition will expand its ...
Tags: Eurofins, Covance Food
PET Technologies has introduced the 4th generation of PET stretch blow molding machines APF-Max with output range 6 000 - 14 000 bph for bottles volume of 0.2 – 3.0l. The product range consists of basic 3 models: APF-Max 4, APF-Max ...
US-based Twin Rivers Paper has signed an agreement to acquire Mondi Group’s paper mill in Pine Bluff, Arkansas. Terms of the deal, which is expected to be completed in the second quarter of this year, have not been disclosed. Pine ...
Tags: Twin Rivers Paper, Paper Mill
Finland-based packaging solutions provider Huhtamaki has agreed to acquire India-based Ajanta Packaging to expand its operations in the region. Huhtamaki is paying €13m to acquire the manufacturer of pressure sensitive (PS) labels. ...
Tags: Ajanta Packaging, Packaging
Futamura, a producer of plastic and cellulose (NatureFlex & Cellophane) films, and sustainable packaging manufacturer Bio4Pack have teamed up to create a new compostable packing solution for Dutch organic cereal producer De Halm. The new ...
Tags: Futamura, Organic Cereal
Packaging firm Sonoco has agreed to acquire US-based Highland Packaging Solutions for about $150m in cash. Based in Plant City of Florida, Highland Packaging manufactures thermoformed plastic packaging solutions for fresh produce and ...
Tags: Packaging, dairy products
RPC Group, a UK-based plastic packaging solutions provider, has agreed to acquire industrial and consumer packaging firm, Nordfolien, for €75m. Nordfolien is engaged in the design and manufacturing of polythene films for industrial ...
Tags: plastic packaging
German automotive manufacturing firm Continental has agreed to establish a joint venture (JV) with China’s CITC to manufacture 48-volt battery systems. The companies, via their respective subsidiaries, will set up the JV for the ...
Tags: automotive, Continental
The UK’s Public Health England (PHE) has asked the food industry to cut down calories in their products by 20% by 2024, in a move to implement the government’s strategy to tackle childhood and adult obesity. According to the ...
Tags: food industry, healthcare
Daimler Mobility Services said that it acquire the 25% stake in car2go Europe from joint venture partner Europcar Group. The acquisition means that following approval of the transaction by the relevant authorities, 100 percent of the ...
Tags: Daimler, Daimler Mobility Services
Archer Daniels Midland (ADM) has agreed to acquire 50% stake in the sweeteners and starches business of Russia-based Aston Foods and Food Ingredients. ADM Europe, Middle East and Africa president Pierre Duprat said: “ADM has ...
Tags: Sweeteners, Aston Foods
Danish Crown’s Polish meat business Sokolow has revealed its intentions to acquire its rival Gzella Meat Group. Gzella Meat's operations are confined to the northern region of Poland. The deal between the two Polish meat firms ...
Tags: Polish meat, Gzella Meat