Cargill has agreed to acquire Brazil-based SGS Microingredients for an undisclosed sum in a move to expand its business in the industrial oils segment. The acquisition of SGS Microingredients is said to be in line with Cargill’s ...
Tags: Cargill, Industrial Oils
Australian rigid and flexible packaging products provider Amcor has closed acquisition of plastic blow molding operations of the US-based packaging firm Sonoco Products for $280m. As part of the deal signed earlier, Amcor has purchased ...
Tags: flexible packaging, Amcor
After numerous LED manufacturers forecasted their future earnings, Chinese LED enterprises finally released their financial results for 3Q16. For those with irrational fear that the LED industry is still in the phase of “increasing ...
Food technology company JBT has entered into an agreement to acquire Tipper Tie for $160m to expand its protein platform. However, the transaction value is subject to customary post-closing adjustments. Expected to close in the fourth ...
Tags: JBT, Tipper Tie, acquisition
Speaking at the AFR Retail Summit in Melbourne, Australian Competition and Consumer Commission chairman Rod Sims stressed the importance of competition. “Competition is essential to our economic prosperity; it drives innovation and ...
Tags: ACCC, Retail Competition
With demand for notebooks stronger than expected and notebook component suppliers conservative about their shipments, several components including panel, battery and solid state drive (SSD), reportedly are suffering from shortages, ...
Tags: Notebook, Solid State Drive
US based Advantis has purchased and installed new N2Pack packaging equipment for preserving cannabis. The N2 Packaging Systems-built equipment will be used by Advantis to hermetically seal cannabis within specially designed containers in ...
Norwegian conglomerate Orkla has signed an agreement to acquire 70% stake in Broer Bakkerijgrondstoffen to expand its presence in the Netherlands. Broer is a manufacturer of almond paste, bakery ingredients and ice cream powder. Orkla ...
Sweden-based vegetable oils and fats producer AAK has announced the completion of the acquisition of California Oils (CalOils). In July, AAK announced that it was acquiring CalOils, which is based in Richmond, California, from ...
Tags: AAK, CalOils, acquisition
Nippon Paper Industries has completed the acquisition of Weyerhaeuser’s liquid packaging board business for $285m. Under the deal, which was first announced in June, Nippon acquired Weyerhaeuser’s mill situated in Longview of ...
Tags: Nippon, Weyerhaeuser, acquisition
Vetropack Group significantly enhanced its revenue in the first half of 2016. Vetropack Italia, a member of the Group since early August 2015, making a major contribution of over 10%. Net sales from goods and services amounted to CHF ...
Australian packaging company Amcor has signed an agreement to acquire the North American plastic blow molding operations of US-based packaging firm Sonoco Products for $280m. Under terms of the deal, Amcor will acquire Sonoco Specialty ...
Tags: Amcor, Sonoco Products, agreement
The net turnover of the Ebro Group grew by 16.1% year on year in 2015, rising to €2462m (€2.4bn). The EBITDA, or gross operating profit, was considerably better than year-end projections, closing at €314.8 million, up 9.6% ...
Tags: Ebro Group, net turnover, EBITDA
China’s Aoxin Tianli Group, a producer of breeder hogs, market hogs and black hogs, has signed an agreement with Shangzhi Xiaop (Dalian) E-Commerce to sell its products online. As per the agreement, Aoxin Tianli will sell its ...
Chinese manufacturers technology have advanced in the past year to result in large GaN price fluctuations, and have entered III-V EPI-wafer synthesizing industry to build a comprehensive IoT and telecommunication supply chain in the ...
Tags: GaN Technology, LED manufacturer