Packaging solutions provider Massman Automation Designs has completed the acquisition of EDL Packaging Engineers for undisclosed amount. EDL is engaged in manufacturing shrink wrappers, shrink bundlers, corrugated tray formers and ...
Tags: Packaging, EDL Packaging
Detroit-based auto-parts maker American Axle & Manufacturing (AAM) has agreed to acquire Metaldyne Performance Group (MPG) in a transaction worth about $3.3bn. MPG provides lightweight components for use in powertrain and suspension ...
Tags: American Axle, Metaldyne
Global packaging firm Sonoco has acquired privately held flexible packaging company Plastic Packaging (PPI) in a bid to expand its capabilities in Southeast US. However, the financial terms of the deal were undisclosed. PPI is engaged ...
Tags: Sonoco, Plastic Packaging
KapStone Paper and Packaging Corporation reported results for the third quarter ended 30 September 2016. Third Quarter Operating Highlights Consolidated net sales of $777 million in the third quarter of 2016 were $31 million, or 4 ...
Supremex, a North American manufacturer and marketer of a broad range of stock and custom envelopes and growing provider of packaging and specialty products, announced its results for the third quarter and nine-month period ended 30 ...
Gores Holdings has completed the acquisition of US-based fresh baked sweet goods maker Hostess Brands. The combined company will be renamed as Hostess Brands and will trade on NASDAQ under the symbols TWNK and TWNKW, respectively. Gores ...
Tags: Gores Holdings, Twinkies
Ball Corporation reported, on a US GAAP basis, breakeven net earnings attributable to the corporation and earnings per diluted share for the third quarter 2016 on sales of $2.8bn, compared to $45m of net earnings attributable to the ...
Tags: Ball Corporation, Packaging
Dutch-based Jacobs Douwe Egberts (JDE), through its wholly owned subsidiary Sapphire Investments, has made an offer to acquire Singapore based Super Group for $1.45bn. Super Group is an instant food and beverage brand owner and ...
Tags: Super Group, Jacobs Douwe Egberts
SpartanNash has agreed to acquire certain assets of Indianapolis based Caito Foods Service and its Blue Ribbon Transport (BRT) logistic operations for approximately $217.5m. Additionally, SpartanNash will bear certain transaction costs ...
Tags: SpartanNash, Caito Foods
Australian rigid and flexible packaging products provider Amcor has closed acquisition of plastic blow molding operations of the US-based packaging firm Sonoco Products for $280m. As part of the deal signed earlier, Amcor has purchased ...
Tags: flexible packaging, Amcor
Ben E. Keith Company has acquired MenuMax, a recipe and menu management software company that provides innovative solutions for the foodservice industry. The sale was complete on November 1, 2016 and terms of the acquisition were not ...
North Dakota based Anchor Ingredients has acquired a rail-loading and storage facility in Montana for an undisclosed sum. The new pulse facility acquisition according to Anchor Ingredients is said to increase its sourcing network which ...
International Flavors & Fragrances announced that it has entered into an agreement to acquire Fragrance Resources. Founded in 1987, Fragrance Resources is a privately-held, family-owned fragrance company. For almost 30 years, it has ...
Tags: Fragrance Resources, Fragrance
Taiwan’s government has focused on expanding the island’s PV power generation as part of its plan to abandon nuclear power. In terms of targets, Taiwan aims to add 1.52GW of PV capacity between mid-2016 and mid-2018 and ...
Tags: PV Markets, PV power
Apple MacBook Pro 2016 release date, news, rumours, specs and price – everything you need to know Update (26 October 2016): With just a day to go until the expected MacBook Pro 2016 launch, new images of an OLED touch bar have been ...
Tags: MacBook Pro, Apple