LyondellBasell has agreed to purchase a 50% stake in Netherlands-based plastics recycling firm Quality Circular Polymers (QCP). The remaining 50% stake in the plastics recycling firm will be owned by French water and waste management firm ...
Tags: plastic products, food packaging
Denmark-based Danish Crown through its subsidiary ESS-Food has agreed to buy 70% stake in Overberg Food Distributors, a South African foodservice business, for an undisclosed price. Overberg Food Distributors, which is based in Cape Town, ...
Tags: Danish Crown, ESS-Food
French automaker Groupe PSA has signed a joint venture (JV) agreement with three Algerian partners to build cars in the North African country. The Algerian partners include Condor Electronics, Palpa Pro and Entreprise Nationale de ...
Tags: Algerian Market, PSA, Cars
Singapore-based Jardine Cycle and Carriage (JC&C) has agreed to acquire 5.53% stake in Vietnam Dairy Products Joint Stock Company (Vinamilk) for $616.6m through its subsidiary Platinum Victory. The stake has been purchased via an auction ...
Tags: Jardine Cycle, Milk
Pioneer Food will acquire full ownership of Heinz Foods South Africa (Heinz Foods SA) by purchasing the remaining 50.1% stake in the joint venture (JV) from Kraft Heinz Company’s subsidiary Heinz SA. Financial terms of the ...
Tags: Pioneer Food, Heinz Foods
Arla Foods has decided to sell its 8% share in Brazilian dairy company Vigor with immediate effect following a change in ownership of the latter. Brazil’s leading dairy company Vigor S.A. (“Vigor”) has been sold by ...
Tags: Arla Foods, dairy
Mars Food has completed the acquisition of Connecticut-based Preferred Brands International, a manufacturer and marketer of all-natural, ready-to-heat Indian and Asian food products sold mainly under the Tasty Bite brand. Preferred Brands ...
Tags: Mars Food, food products
Constantia Flexibles has completed the €1.15bn ($1.3bn) divestiture of its labels division to Ohio-based printing company Multi-Color Corporation following the receipt of regulatory authorities. As part of the deal, Constantia ...
Tags: Constantia Flexibles, labels
Canadian dairy giant Saputo has agreed to acquire Australia-based dairy processor Murray Goulburn Co-Operative (MG) for CAD1.29bn ($1.01bn). The is expected to complement the operations of Saputo's Dairy Division (Australia). Saputo ...
Tags: Saputo, dairy processor
Switzerland-based Hoffmann Neopac has purchased a majority stake in India-based 3D Technopack for an undisclosed sum. Based in Mumbai, 3D Technopack is engaged in the production of plastic tubes for the health and beauty care markets. ...
Tags: Neopac, 3D Technopack
Graphic Packaging will create a $6bn paper-based packaging firm by combining with International Paper’s (IP) North American consumer packaging business. IP has agreed to contribute its business for around $1.8bn, of which $660m will ...
Tags: Graphic Packaging, packaging
Netherlands-based Weener Plastics has acquired Brazilian firm Orange Products Plasticos (OPB) for an undisclosed sum. Based in Santo Amaro da Imperatriz of Santa Catarina, the OPB manufactures Roll-on Balls for deodorants. The company ...
Belgium-based VPK Packaging Group has agreed to acquire a 30% stake in corrugated sheet manufacturer CorrBoard UK for an undisclosed price. As part of the transaction, VPK Packaging has agreed for a capital increase and will acquire the ...
Tags: VPK Packaging, Packaging
Chilean fruit producer Hortifrut has agreed to take over the blueberry business of Talsa for $160m. In addition to the cash payment, Talsa will get a stake of 17.13% in the merged company alongside a result-based reward. Talsa, a ...
Automakers Toyota and Mazda and auto components supplier Denso have signed a joint technology development contract for electric vehicles. The new company has been named EV C.A. Spirit Corporation to efficiently implement joint ...
Tags: Toyota, Mazda, Electric Vehicles