US agricultural commodities trader Cargill has sold its wheat flour division in Argentina to Molino Canuelas Sacifia for undisclosed sum. Following the acquisition, Canuelas is expected to control 24% share in the flour in the country. ...
Automotive and energy storage firm Tesla Motors has offered to acquire SolarCity for about $2.86bn. Tesla Motors CEO Elon Musk is the major shareholder in both the companies with 19% in Tesla and 22% in SolarCity. The company is ...
Tags: Tesla Motors, electric vehicles
UK’s packaging materials supplier Kite Packaging has acquired Northamptonshire-based packaging distributor, Phoenix Box. Established in 1993, Phoenix Box is engaged in the JIT and direct line supply of corrugated cases and other ...
Tags: packaging materials, Phoenix Box
Snow Phipps Group-owned Teasdale Foods has acquired Louisville, Kentucky-based Mesa Foods for undisclosed sum. Founded in 1984, Mesa is a producer of private label tortillas, flatbreads, taco shells, taco kits and chips. The acquisition ...
Tags: Mesa Foods, Snow Phipps Group
US-based beverage can manufacturer Ball Corporation has received an approval from the European Commission (EC) for its proposed £4.4bn acquisition of Rexam. The move marks the final regulatory clearance in Europe for the company to ...
Tags: Rexam, beverage can manufacturer
Dean Foods Company has announced that it has completed the acquisition of Friendly's ice cream manufacturing and retail distribution business for $155m in cash. Dean Foods is a Texas-based food and beverage firm and a processor and ...
Rigid box supplier Pollard Boxes has acquired the business and assets of Clarke Rubicon, a UK based presentation packaging manufacturer. Clarke Rubicon is engaged in supplying a wide range of products to both the retail and commercial ...
Nosco, Inc,a full-service supplier of printed packaging, plans to expand its industry-leading operations by doubling production capabilities for digital printed cartons. The company just announced, in conjunction with HP Indigo, the ...
Nippon Paper Industries has signed an agreement with US based timber company Weyerhaeuser to acquire liquid packaging board business for $285m in cash. Under the terms of the deal, Nippon Paper will acquire Weyerhaeuser's mill located in ...
Tags: packaging board, Paper Industries
McLaren Packaging, which operates from four sites across Scotland has completed a significant investment in its manufacturing capabilities. The company has just finalised a £350k investment in its Stirling-based operation Blue Box ...
Tags: McLaren Packaging, Blue Box Design
Fulham Company Group, a leading supplier of lighting components and electronics for commercial and specialty applications, has signed a definitive agreement to acquire certain assets of the LED Driver business of Lumotech, based in Alkmaar, ...
Olymel L.P. is acquiring all the assets of La Fernandière, a food company in Trois-Rivières specializing in the manufacture of a wide range of sausages sold under La Fernandière brand. The announcement was made ...
Olam International has acquired a 100% stake in Brooks Peanut Company for $85m. Brooks, which was established in 1959, is based in Samson, Alabama. It is currently the sixth largest peanut sheller in the US. The company processes about ...
Tags: Olam International, Brooks, peanut
UK based packaging maker RPC Group has agreed to acquire packaging firm British Polythene Industries (BPI) in a deal worth about £261m ($379m). Under the terms of the deal, each shareholder of BPI will receive 470 pence in cash and ...
Tags: Polythene Industries, packaging
Label Products has purchased new Xeikon 3300 digital label press to increase the production of its products. The company will use the new digital label press to print on transparent materials for beverage and food packaging. Xeikon ...