Australian food company Beston is planning to acquire milk processor United Dairy Power for an undisclosed amount. United Dairy's milk processing plants in Murray Bridge and Jervois which were closed after the company went into ...
Tags: Milk Processor, Dairy Product
Swedish chicken producer Scandi Standard has agreed to acquire Lagerbergs in a SEK105m ($12.7m) deal. The company has signed an agreement to this effect which is subject to Swedish competition authority approval. Said to be the third ...
US-based Goodyear Tire & Rubber Company has decided to part ways with Japanese Sumitomo Rubber Industries on the global front, bringing an end to the alliance formed in 1999. Both the companies have inked an agreement that would address ...
Tags: Tire, Tyre, Auto Parts, Goodyear Tire
French automotive logistics firm Groupe CAT has commissioned US-based technology firm Axway with devising a system to improve schedule and delivery of finished vehicles, motorcycles and spare parts across its network of manufacturers and ...
Tags: Automotive
Swiss chocolate maker Barry Callebaut has agreed to acquire assets of nut-based ingredients manufacturer American Almond Products for an undisclosed amount. Under the agreed terms, Barry Callebaut will acquire the customer portfolio, ...
Indonesian pulp and paper major Asia Pacific Resources International (April) has decided to make peace with green activists, throwing its weight behind the drive to put an end to deforestation. In response to international pressure group ...
Tags: Packaging, Paper, Environment Protection
Charoen Pokphand Foods (CP Foods) is reportedly planning to build a new shrimp processing plant in India. The proposed shrimp facility will be built in proximity to the company's farms in the southern state of Andhra Pradesh. CP Foods ...
Tags: Shrimp Processing Plan, CP Foods
Praedium, the Spanish investment Group which owns Nylstar, a producer of polyamide yarns and fabrics, has acquired acrylic fibre manufacturer Montefibre Hispania SA. Praedium has invested €2 million to acquire a 90 per cent stake in ...
Tags: Praedium, Acrylic Fibre
Hormel Foods has agreed to acquire Applegate Farms, a natural and organic meat products manufacturer, for around $775m. The companies have reached a definitive agreement to this effect. Applegate will operate as a separate, stand-alone ...
Suntory Beverage & Food (SBF) has signed a basic agreement to buy beverage business of Japan Tobacco (JT) for $1.2bn. According to SBF, the deal also includes acquisition of canned coffee brand Roots and peach-flavored drink brand Momono ...
Tags: Suntory, Japan Tobacco
Global packaging and paper group Mondi has agreed to acquire two extrusion coating facilities from Walki Group for EUR60m. The transaction includes Walki's industrial packaging facilities in Pietarsaari, Finland and Wroclaw, Poland. ...
Tags: paper packaging, Packaging
Overall revenue growth of the global wide format and speciality print community from 2007 to 2015 was about 9 per cent CAGR for the overall business and 7 per cent for digital wide format. This is one among the key findings of the ...
Tags: Format Printer, speciality print
Brazilian meat processor JBS is exploring opportunities for possible acquisitions in North and South America and Australia. The company will consider acquisitions in the chicken, pork and branded, packaged food industries this year, ...
Tags: meat processor, JBS
Ascena Retail Group and Ann Inc entered into a definitive merger agreement under which Ascena will acquire Ann Inc for a combination of cash and stock in an accretive transaction. Upon closing, Ann Inc stockholders will receive $37.34 in ...
Tags: Ascena, Women's Apparel
Chicken producer Scandi Standard has agreed to acquire Finnish food producer Huttulan Kukko for €10m. Huttulan, which started operations in a newly built facility last year, has developed a concept based on Finnish chicken which it ...
Tags: Huttulan Kukko, Scandi Standard