Flint Group has acquired Printec Industries, a manufacturer of water-based inks for flexo and gravure applications in the North American region, for undisclosed amount. Printec is a supplier of inks for high-end paper cups, plates, ...
Tags: Flint Group, Printec Industries, acquisition
Constantia Flexibles Group has agreed to acquire flexible packaging business of Italian company Lamp San Prospero in a bid to strengthen its pharmaceutical packaging business in Europe. The transaction is planned to be completed in the ...
UNI Packaging has designed new digitally printed bags for Barry Callebaut Bensdorp brand’s new cocoa and chocolate drink powders. The company has developed 750g vertical form filled seal and three-ply laminated stand-up bags for ...
Schaeffler has signed a multi-year strategic partnership agreement with IBM to speed up the digital transformation of its entire operations and customer solutions using Watson’s cognitive intelligence and insight from billions of ...
Tags: Schaeffler, agreement, IoT
German luxury car-maker Audi is expanding its production footprint worldwide by opening a new automobile plant in San José Chiapa, state of Puebla, Mexico. The plant has an annual production capacity of approximately 150,000 ...
Tags: Audi, automobile plant
The Continental Corporation has announced targeted acquisitions to expand its technology expertise. The international automotive supplier, tire manufacturer and industrial partner has acquired the tire specialist Hoosier Racing Tire ...
Tags: Continental Corporation, acquisition, technology expertise
Italian firm Pelliconi Group has selected Sacmi, a manufacturer of the aluminium cap liner-making and application machine, to supply a metal cap production line to boost its business in China. Sacmi will provide the firm with lines which ...
Tags: Pelliconi, Sacmi, metal cap production line
Sheetfed offset printing presses manufacturer KBA-Sheetfed has partnered with specialty chemicals group Altana’s subsidiary Actega Coatings & Sealants in the field of inline finishing. The partnership will ensure the availability of ...
American confectionary giant Mars has unveiled plans to combine merge chocolate and wrigley segments to form a new company aimed at unifying its chocolate and candy business. Named as Mars Wrigley Confectionery, the new company will help ...
Tags: Mars, chocolate and wrigley segments, merger
Global plant protein manufacturer Axiom Foods will enter India to produce natural rice bran oil to tap the vast potential of the market. In India, Axiom Foods will produce a range of stabilized rice bran ingredients for both human food ...
Tags: Axiom Foods, rice bran oil
Private equity firm Grey Mountain Partners has acquired Mediterranean food maker and distributor Kronos Foods. Financial details about the acquisition have not been disclosed. Based in Glendale Heights, Illinois, Kronos sells gryo meat, ...
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
Global food processing company Archer Daniels Midland Company (ADM) has acquired the assets of Illinois based Caterina Foods for an undisclosed sum. Based in Lake Bluff in the US state of Illinois, Caterina Foods is a toll manufacturer of ...
Tags: ADM, Caterina Foods, acquisition
Hormel Foods has announced several new leadership appointments across business segments. James M. Splinter has been appointed to the position of group vice president, corporate strategy. In this new role, Splinter will have responsibility ...
Tags: Hormel Foods, appointment, new leader
‘We are enthusiastic to join the KidKraft team because they understand our business, and we share the same passion for traditional and imaginative play,’ says Solowave’s Robert Bartucci. KidKraft is expanding into the ...
Tags: KidKraft, acquisition, Solowave Design