US-based food manufacturer Hormel Foods has entered into a definitive agreement to acquire Justin’s, a nut butter-based snacking brand for $286m. Justin's four nut butter-based snack lines include spreads, squeeze packs, peanut ...
Tags: Snacking Brand, Hormel Foods
US Foods has entered into an agreement to acquire fresh fruit and vegetable processing company Freshway Foods for an undisclosed sum. Freshway Foods also repacks and distributes fresh fruits and vegetables to customers throughout the ...
Tags: Fresh Fruit, Vegetable
Owens Corning (OC) has acquired InterWrap, a British Columbia based manufacturer of roofing underlayment and packaging materials, for $450m. InterWrap, through its facilities in the US, Canada, India and China, produces synthetic roofing ...
Tags: Owens Corning, InterWrap
Ford Motor is formulating and testing new foam and plastic components using carbon dioxide as feedstock. Researchers expect to see the new biomaterials in Ford production vehicles within five years. Formulated with up to 50 percent ...
Korea-based food company Pulmuone Foods has completed acquiring almost all the assets of Vitasoy USA for an undisclosed sum. The acquisition is intended to strengthen Pulmuone's position in the tofu market, while fortifying its operations ...
Tags: Pulmuone Foods, USA market
Sprout Nutrition and CROSSMARK have entered into a new nationwide partnership to bring organic whole foods to babies, toddlers and all family members. The "win-win" partnership gives Sprout expanded category presence and broad access to ...
Tags: Sprout Organic, CROSSMARK
PSA Group and Dongfeng Motors (DFM) have signed an agreement to design an electric version of their Common Modular Platform (CMP). The CMP was jointly developed by the two companies since April 2015. The deal was signed at the ...
Tags: PSA Group, Dongfeng Motors
TerraVia and Bunge are introducing whole algae DHA as a sustainable specialty feed ingredient, which is an omega-3 fatty acid important for humans and animals, especially fish, for healthy growth and development. The two companies will ...
Tags: TerraVia, Bunge, Specialty Feed Ingredient
Cascades, a leader in the recovery and manufacturing of green packaging and tissue paper products, announces that the Greenpac Mill located in Niagara Falls, NY, a company created in partnership with the Caisse de dépt et de ...
Tags: Cascades, green packaging
Australian dairy processor Burra Foods has signed an agreement with dairy farming company Inner Mongolia Fuyuan Farming, allowing the company to gain a majority shareholding in it. The move is part of Burra's growth plans to improve ...
Tags: Burra Foods, dairy processor
For full-year 2015, Riber S.A. of Bezons, France, which manufactures molecular beam epitaxy (MBE) systems as well as evaporation sources and effusion cells, has reported revenue of €12.8m, down 23% on 2014's €16.6m. This is due ...
LED maker Lumileds of San Jose, CA, USA and Arrow Electronics announced a strategic agreement for the global distribution of Lumileds comprehensive portfolio of application-optimized LEDs including high-power, mid-power, low-power, ...
US-based food company Hormel Foods has entered into an agreement to sell Diamond Crystal Brands (DCB) to a partner of private equity firm Peak Rock Capital for an undisclosed sum. DCB, which was founded in 1980, manufactures and ...
Brazilian poultry exporter BRF has entered into an agreement to acquire the remaining stake in Oman-based frozen food distributor Al Khan Foodstuff (AKF). Currently, BRF owns 40% stake in AKF and the total acquisition is is estimated ...
Tags: Frozen Food, frozen food products
Luxembourg-based packaging maker Ardagh has signed an agreement to acquire certain metal beverage can manufacturing facilities in Europe, Brazil and the US from US-based beverage can makers Ball and Rexam for $3.42bn. The deal is a ...
Tags: Beverage Can, metal can