Irplast has revealed its intentions to invest in two cogeneration plants and three new cutting machines to boost its operations. While the cogeneration plants are expected to cut down on the energy costs, the new cutting machines will be ...
Tags: Irplast, Cutting Machine
US-based PPG has opened a nearly $3m expansion for packaging coatings manufacturing at its Oak Creek facility in Wisconsin. As part of the expansion project, the firm added a new 3,300ft² facility to produce food-can coatings to help ...
Tags: PPG, packaging coatings
Real Good Food announced that it has acquired an 84.33% stake in Brighter Foods for total consideration of up to £9m, on a cash and debt free basis. The two companies announced a new partnership to build on the success for the Wales ...
Tags: Real Good Food, snack bar
Danone has agreed to divest one of its US dairy subsidiaries, Stonyfield, to secure approval from US antitrust authorities for its $10bn acquisition of soy-milk maker WhiteWave Foods. The French dairy giant has reached an agreement in ...
Pretium Packaging has acquired Patrick Products, a supplier of packaging and container for the janitorial, automotive, and household chemical market sectors. US-based Patrick is engaged in the manufacturing of rigid blow-molded plastic ...
Archer Daniels Midland Company (ADM) has secured exclusivity in relation to the proposed acquisition of Chamtor, a France-based manufacturer of wheat-based sweeteners and starches. Pierre Duprat, president, ADM Europe, Middle East and ...
Tags: wheat, sweeteners
Sanderson Farms has selected sites in Smith and Wood Counties for building a new feed mill, hatchery, poultry processing plant and waste water treatment facility. These facilities will comprise a state-of-the-art poultry complex with the ...
Tags: Sanderson Farms, Poultry Complex
Italian confectionery giant Ferrero International has agreed to acquire US-based Fannie May Confections Brands from 1-800-Flowers.com for $115m in cash. The deal also includes Fannie May's subsidiaries Fannie May Confections and London ...
Samsung's Gear VR proved to be the most popular of the VR headsets last year, with the company shipping 4.51 million units and outselling the Oculus Rift, HTC Vive and PlayStation VR combined. Which means Sammy will be keen to keep the ...
Tags: Gear VR 2, VR headsets
Glanbia Co-op has proposed to create a strategic joint venture named Glanbia Ireland encompassing Glanbia Ingredients Ireland, Consumer Products & Agribusiness. Glanbia Co-op also proposes a €100m “spin-out” of Glanbia ...
Tags: Glanbia, Premier Milk
Private equity firm Kohlberg & Company has agreed to acquire Pexco, a North American specialty plastics manufacturer, from Odyssey Investment Partners. Upon completion of the deal closes, Pexco will merge with Kolhberg portfolio company ...
Tags: Kohlberg, specialty plastics
Cascades Sonoco, a joint venture of recycled fibre packaging company Cascades and Sonoco, is planning to invest approximately $16m at its facility in Birmingham, Alabama, US to support development of new product line. The investment at ...
Tags: Cascades, fibre packaging
Swedish confectionery and nuts firm Cloetta has agreed to acquire Candyking, a concept supplier of pick and mix candy in the Nordic countries and the UK. The acquisition strengthens Cloetta’s position within pick and mix and creates ...
An exclusive design exhibition featuring an all-new artisanal furniture collection, Wander from Within is co-designed by Cultural Tastemaker Adrian Cheng and award-winning Japanese designer Shigeru Uchida. The exhibition will run from April ...
Tags: furniture collection, Wander
Crown Holdings announced its financial results for the fourth quarter and year ended 31 December 2016. Highlights Earnings per share $0.47 for the quarter; $3.56 full year versus $2.82 in 2015Adjusted earnings per share $0.71 for the ...
Tags: Crown, beverage can