Concerns about the global economy and political unrest in Canberra are cruelling appetite for takeovers, with some of the nation's top dealmakers tipping companies to remain on the sidelines until economic clouds clear. In a sign of the ...
England based food-manufacturing company 2 Sisters Food Group has sealed the deal for Packaging Automation with the hire of an in-line high speed tray sealer, the eclipse SL6. According to Packaging Automation, the machine, which can seal ...
Diversified manufacturing and distribution company Pro-Pac Packaging (PPG) has announced the acquisition of the business and assets of Eco Food Pack Australia for an undisclosed value. Eco Food, which develops and sells food packaging ...
Tags: Pro-Pac, Food Packaging
Five thousand food jobs in Scotland and Wales have been safeguarded after the Office of Fair Trading (OFT) approved the 2 Sisters Food Group’s acquisition of Vion UK’s poultry business. About 5,000 food manufacturing jobs ...
Tags: OFT approval, 2 Sisters, Vion
The UK's Office of Fair Trading (OFT) has approved a takeover of the Vion UK's poultry business by 2 Sisters Food, following an extensive review of the transaction. The OFT fully reviewed the transaction, including the combination of the ...
Tags: Poultry Business, Agriculture
HSBC has provided a £2.4m funding package to Gilbert's Foods, a food supplier based in Lancashire, UK, in order to help the company expand its export business. The funding package, which includes £2m invoice finance line and a ...
2 Sisters Food Group is considering a bid for Bernard Matthews, according to recent press reports. Speculation surrounds Bernard Matthews as the subject of potential takeover by 2 Sisters The meat processing group, which has hit the ...
Tags: Faccenda Group, Julian Wild, Seara Foods, 2 Sisters Food Group
Qatar-based Hassad Food, the agricultural investment arm of Qatar’s sovereign wealth fund, plans to invest $500m in India for the production of rice, coffee, cardamom and ready-made foods. The proposed plans comes after the Hassad ...
Tags: Boost Food Production, Hassad Food
Brazilian meat producer JBS has agreed to acquire local poultry and pork producer Seara Brasil, which is owned by Marfrig Alimentos, in a deal worth BRL5.85bn ($2.72bn) including the assumption of outstanding debt. As part of the deal, ...
In May, the consumer price index (CPI) went up by 2.1 percent year-on-year. The prices grew by 2.1 percent in cities and 2.2 percent in rural areas. The food prices went up by 3.2 percent, while the non-food prices increased by 1.6 percent. ...
Tags: economy, Consumer Prices, china
US agribusiness firm Cargill has opened a $40m chicken processing facility at its complex in Efremov, Russia, marking the company's first primary chicken processing operations in Russia. The facility will primarily supply McDonald's ...
Tags: Chicken, Food, chicken products
Demand for meat, poultry, and seafood packaging is forecast to increase 3.2 percent annually to $9.7 billion in 2017. Gains will be driven by increased meat, poultry, and seafood production along with accelerated foodservice revenue ...
Tags: Packaging, Protein Foods, 2017
Turkey processor Bernard Matthews has blamed the pressure of rising commodity prices for putting 55 jobs under threat at its cooked meats site in Great Witchingham, Norfolk. Rising input prices have put 55 jobs under threat at Bernard ...
Tags: Turkey processor, Bernard Matthews, Job cuts
The global market for advanced packaging solutions that includes active, controlled, intelligent packaging, and advanced packaging components was at $31.4 billion in 2011, according to a report from BCC Research entitled Active, Controlled, ...
Tags: Market, Packaging, Advanced Packaging
Refrigerator manufacturers are making more freshness claims. For example, LG's Push & Seal Crisper Drawer is supposed to remove air with the push of a button, "sealing the compartment to help maintain freshness within." GE's ClimateKeeper ...
Tags: Refrigerator, Food, Consumer Electronics