Daimler Mobility Services said that it acquire the 25% stake in car2go Europe from joint venture partner Europcar Group. The acquisition means that following approval of the transaction by the relevant authorities, 100 percent of the ...
Tags: Daimler, Daimler Mobility Services
Bobst Group, a Swiss-based supplier of equipment and services to the packaging and label industries, has reported consolidated sales of CHF1 529m ($1,629m) in 2017, an increase of CHF82m, or 5.7%, compared to 2016. The operating result ...
Tags: packaging, label industries
Fonterra Ventures has partnered with German active nutrition start-up foodspring via an investment in its parent firm, Goodminton. The new partnership will enable Fonterra to tap into the rapidly growing active nutrition consumer segment, ...
Tags: Fonterra, Start-up Foodspring
German industrial packaging firm Mauser Group has acquired the manufacturing assets of MaschioPack North America for an undisclosed amount. MaschioPack North America is engaged in manufacturing 275-gallon and 330-gallon Intermediate Bulk ...
Tags: industrial packaging
South African pulp and paper firm Sappi has acquired specialty paper business of Cham Paper Group for CHF146.5m ($149m). The deal, which was signed in December 2017, involves acquisition of CPG’s Carmignano and Condino Mills in ...
US food giants Archer Daniels Midland (ADM) and Cargill have signed an agreement to create a joint venture (JV) to meet increasing customer demand for soybean meal and oil in Egypt. The JV, which will be equally owned by the partners, ...
Tags: Archer Daniels Midland, soybean
BMW Group has signed a letter of intent with Great Wall Motor on local production of future battery-electric MINI vehicles in China. In addition to production of the first battery electric MINI at the main plant in Oxford starting in ...
Groupe PSA has acquired controlling stake in Chinese automotive spare parts distributor Jian Xin. With this acquisition, Groupe PSA will be able to accelerate the rollout of its aftermarket offering in China by rapidly establishing its ...
Tags: automotive spare parts, Jian Xin
Eltete Group, a provider of transport packaging solutions, has acquired the remaining 55% stake in Poland-based Packprofil. Eltete, which owned 45% stake in Packprofil before 2001, now became the sole owner of the company by purchasing ...
Tags: Eltete Group, edgeboards
Tyson Foods said that it will launch several new products this year and modernize its $1bn brands as part of its transformation into a modern food company. Speaking at the 2018 Consumer Analyst Group of New York conference, Tyson Foods ...
Tags: Tyson Foods
US-based custom blow-molder Apex Plastics has purchased a new Aoki 250LL-50S injection blow molding machine to boost its blow-molded plastic products manufacturing capabilities. The Aoki’s versatile injection blow-molding machine is ...
The Hain Celestial Group, a US-based organic and natural products company, is exploring sale of its pure protein business to focus on core brands. The business, known as Hain Pure Protein, comprises the company’s organic poultry ...
Tags: organic products, natural products
Coca-Cola has set a goal to collect and recycle every bottle or can it sells by 2030. The company announced the new packaging commitment as part of its ‘World Without Waste’ campaign which looks to make all its packaging 100% ...
Peregrine Semiconductor Corp of San Diego, CA, USA – a fabless provider of radio-frequency integrated circuits (RFICs) based on silicon-on-insulator (SOI) – has announced its corporate name change to pSemi Corp, a Murata company ...
Tags: Semiconductor, integrated circuit
Tetra Pak said that it will support the European Commission’s plastics strategy in a bid to reduce plastic pollution. The company will collaborate with industry partners to use recycling solutions for all components of beverage ...
Tags: Tetra Pak, Plastics Strategy