Bright Blue Foods (BBF) has agreed to acquire Greencore Group’s cakes and desserts business in Hull, UK for an undisclosed sum. The transaction along with an earlier announced closure of a desserts facility in Evercreech will enable ...
Tags: Bright Blue Foods, Cakes
Evolve Brands has conditionally agreed to buy US-based snacking brands Gorilly Goods and Supernola for an undisclosed price. Privately-held Evolve Brands is a newly founded health-focused snacking company, set to debut at Fancy Food Show ...
Tags: Evolve Brands, snacking
Vietnam Beverage, ThaiBev’s domestic unit, has won a bidding to acquire 54% stake in Saigon Beer Alcohol & Beverage Corp (Sabeco) for $4.8bn. Sabeco is owned and under the authority of Vietnam's Ministry of Trade and Industry. The ...
Tags: Thai Beverage, Beverage
Consumer packaging firm Crown has agreed to acquire Signode Industrial Group Holdings (Bermuda) from Carlyle Group for $3.91bn. The transaction is expected to add strong franchise business to Crown's existing metal packaging business. ...
Tags: Industrial Packaging, packaging
General Motors has launched the automotive industry’s first commerce platform for on-demand reservations and purchases of goods and services. With Marketplace, drivers can now order and pay for their favorite coffee — and much ...
Tags: General Motors, Automotive
Evonik has agreed to acquire 3M’s high-concentrates additive compounding business for an undisclosed sum. Evonik will include the acquired operations in its interface and performance business line, which produces and markets ...
LyondellBasell has agreed to purchase a 50% stake in Netherlands-based plastics recycling firm Quality Circular Polymers (QCP). The remaining 50% stake in the plastics recycling firm will be owned by French water and waste management firm ...
Tags: plastic products, food packaging
Denmark-based Danish Crown through its subsidiary ESS-Food has agreed to buy 70% stake in Overberg Food Distributors, a South African foodservice business, for an undisclosed price. Overberg Food Distributors, which is based in Cape Town, ...
Tags: Danish Crown, ESS-Food
Zhejiang Geely, the Chinese automaker that owns Volvo, has agreed to acquire Terrafugia, a US-based startup company working on the development of a flying car. Terrafugia was founded in 2006 by five Massachusetts Institute of Technology ...
Pioneer Food will acquire full ownership of Heinz Foods South Africa (Heinz Foods SA) by purchasing the remaining 50.1% stake in the joint venture (JV) from Kraft Heinz Company’s subsidiary Heinz SA. Financial terms of the ...
Tags: Pioneer Food, Heinz Foods
Citic Capital China Partners is in advanced talks with Oaktree Capital Management to acquire French cosmetic packaging solutions provider Axilone. Based in Paris, Axilone designs and manufactures plastic and metal packaging solutions for ...
Tags: Citic Capital, Cosmetics Packaging
Forum Research study has revealed that majority of people in Canada consider plain packaging for cigarettes is an unnecessary waste of government resources. Commissioned by JTI, the new research showed that eight out of ten Canadians ...
Tags: Plain Packaging, packaging
Scottish craft brewery BrewDog has launched a limited edition beer to challenge the US Government’s decision to withdraw from the Paris Agreement. The new beer, Make Earth Great Again, will be served directly from a beer tap built ...
American food company Hormel Foods has agreed to acquire deli meat and salami company Columbus Manufacturing from Arbor Investments for about $850m. The acquisition places Hormel as a complete deli solutions provider and also boost its ...
Tags: Hormel Foods, authentic products
Hearthside Food Solutions has agreed to acquire Standard Functional Foods Group (SFFG), a unit of Standard Candy Company, subject to regulatory approval and customary closing conditions. SFFG is a contract manufacturer of nutritional and ...
Tags: Hearthside Food, Functional Foods