Seoul-based materials and component manufacturer LG Innotek (a subsidiary of South Korean electronics company LG Group) has developed what is claimed to be the first 100mW UV-C LED, two years ahead of the industry forecast of 2020. The firm ...
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
Paper and packaging products supplier Sappi North America has invested $5.94m to upgrade Paper Machine 12 (PM12) at Cloquet mill in Minnesota, US. The investment was used to replace the headbox on PM12. It has added an advanced and ...
Tags: Paper, packaging products
For third-quarter 2017, POET Technologies Inc of Toronto, Canada and San Jose, CA, USA —a designer and manufacturer of optoelectronic devices, including light sources, passive waveguides and photonic integrated circuits (PIC) for the ...
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
US-based Alpha Packaging has acquired Graham Packaging’s blow molding facility located in Etten-Leur, Netherlands, in a bid to expand its operations in the European market. Terms of the deal have not been disclosed. The acquired ...
Tags: Alpha Packaging, Packaging
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
Tokyo-based Mitsubishi Electric Corp has agreed to acquire the Mitsubishi Electric power device sales business currently handled by Powerex Inc of Youngwood, PA, USA (a 50:50 joint venture between Mitsubishi Electric and General Electric), ...
Tags: Mitsubishi Electric, Power Device
German automotive parts supplier Continental has agreed to acquire Israeli start-up Argus Cyber Security for an undisclosed amount. Post the acquisition, Argus Cyber Security will be part of Continental’s subsidiary Elektrobit (EB). ...
Tags: automotive parts
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
FUJIFILM North America Corporation, Graphic Systems Division announces it will be increasing the prices of its offset printing plates. The price increase is a result of raw material cost increases, most significantly driven by substantial ...
Spanish frozen seafood company Original Gourmet has selected RPC Superfos’ reusable polypropylene packaging solution for its shellfish range. The Spanish firm selected RPC’s injection moulded rigid SuperCube pack to replace ...
RPC Group subsidiary RPC Massmould has introduced a next-generation sports cap to provide maximum product safety and integrity with enhanced consumer convenience. Developed in conjunction with RPC Astra Plastique, the new Secure Flip ...
Tags: RPC, Sports Cap
TricorBraun WinePak, North America's leading wine bottle distributor, has hired Steve Grande as a Packaging Consultant, according to Andrew Bottene, Senior Vice President at TricorBraun WinePak. "Steve has a wide and varied base of ...
Tags: TricorBraun, Packaging
Swedish automaker Volvo Cars and its parent company Geely Holdings will be investing €640m in their new electric vehicle brand Polestar. The investment will be used to establish a manufacturing facility in Chengdu, China which is ...
Tags: Volvo Cars, Geely, electric vehicle