Graphic Packaging International, a subsidiary of Graphic Packaging, has acquired the converting assets of Staunton-based Carded Graphics, an award winning printed folding carton producer with a strong regional position in the food, craft ...
Chinese consumers of luxury products are spending increasingly big money online, as growing use of smartphones makes Internet shopping ever easier, according to a new industry report. The report, by auditor KPMG, Chinese e-retailer ...
Tags: luxury items, smartphones
Crown Paper Group has completed the acquisition of Montebello Container, an independent corrugated sheet manufacturer based in Southern California, US. Montebello president Anthony Salcido and vice-president John Salcido will continue ...
Tags: Crown Paper, corrugated sheet, sheet feeder, Container
Singapore-based commodity major Olam International is keen to make acquisitions of up to SGD$2.72bn ($1.4bn) as it plans to benefit from the dip in prices of agricultural commodities. Olam CEO Sunny Verghese was quoted by Bloomberg as ...
Tags: Olam, agricultural commodities, cocoa, nuts, wheat
Anheuser-Busch InBev is exploring the acquisition of competitor SABMiller, a deal that would lead to a $275bn merged entity which would produce one out of every three beers globally. If the deal goes through, it would be one of the six ...
Tags: Anheuser-Busch InBev, SABMiller, beer
US-based food manufacturer Kellogg Co is creating a joint venture with the African unit of Singapore's Tolaram Group, as part of its strategy to drive future growth in the West African market and advance its breakfast and snack food ...
Tags: Kellogg, Tolaram, breakfast, snack food
US-based Flowers Foods has completed the acquisition of organic bread producer Dave's Killer Bread (DKB) for approximately $275m in cash. The acquired entity will run as an independent subsidiary of Flower Foods. In August, the company ...
Tags: Flowers Foods, DKB, packaged bakery foods
Transcontinental has entered into an agreement to buy US-based flexible packaging supplier Ultra Flex Packaging in a deal worth $80m. The amount requires to be paid in cash at closing, along with an additional consideration payable ...
Tags: Flex Packaging, TC Transcontinental, Packaging acquisition
The Dow Chemical Company has commenced its exchange offer for the split-off of a significant portion of its chlorine value chain. The split-off transaction is the next step in the separation, from Dow, of its U.S. Gulf Coast Chlor-Alkali ...
Tags: Dow Chemical, Epoxy
Hindustan Unilever Limited (HUL) has entered into an agreement for the sale and transfer of its bread and bakery unit, which functions under the name of Modern to Nimman Foods for an undisclosed amount. Nimman Foods is an investee company ...
Bunge Brasil, a subsidiary of global agribusiness and food company Bunge, has reportedly agreed to acquire Moinho Pacifico, a wheat processor in Brazil. With this acquisition, Bunge would increase its share in wheat flour and other ...
Tags: Wheat Processor, soybean, corn
Asahi Kasei completed its acquisition of Polypore International. On February 23, 2015, Asahi Kasei announced a definitive merger agreement to acquire Polypore through a US subsidiary. This acquisition was completed on August 26, 2015, US ...
Tags: Asahi Kasei, Polypore
Foods and beverage ingredients firm BioNeutra Global has increased its manufacturing capacity with the acquisition of a production plant in Edmonton, Alberta, Canada. The transaction is valued at around $7.85m. The company will develop ...
Tags: EFSA approval, FDA
PPG Industries announced that it has reached a definitive agreement to acquire the remaining interest in Chemfil Canada Limited, a joint venture of PPG and Madinal Enterprises. The transaction is expected to close in the third quarter, ...
Japan's integrated beverages company Kirin is reportedly planning to acquire 55% stake in Myanmar Brewery from Singapore-based beverage producer Fraser and Neave (F&N) for $560m. Reuters cited sources familiar with the matter as saying ...
Tags: beverage, beverage manufacture, Kirin, company acquisition