British-Dutch multinational consumer goods firm Unilever has rejected American food giant Kraft Heinz’s merger proposal worth $143bn. It is not yet sure whether Kraft Heinz will be looking to approach another target following its ...
Ardian has divested its stake in Germany-based food company frostkrone for an undisclosed sum to Emeram Capital Partners. frostkrone, which was established in 1997, manufactures frozen finger food and snack products in Europe. The ...
Tags: Ardian, snack products
US-based infant formula manufacturer Mead Johnson has agreed to acquire spray drying and finishing capabilities from Australian food group Bega Cheese for A$200m. The deal includes one of Bega Cheese's spray dryers at Tatura and an infant ...
Tags: Cheese, infant formula
Nestlé’s KitKat brand has launched a new peanut butter flavour of its shareable KitKat Bites. The introduction of the new flavour marks the first time that the praline layer of KitKat has been replaced. Peanut butter fills ...
Tags: KitKat, Peanut Butter
DS Smith’s plastic business unit Rapak North America has introduced new DuraBev beverage bags for bag-in-box (BIB) packaging formats. The company has designed new packaging solution for BIB applications such as post-mix syrup and ...
Tags: Beverage Bags, Beverage
Swedish furniture brand IKEA is set to innovate its way further into the design world with a micro-festival opening during Salone del Mobile in Milan from April 4 to 9. After partnering up with Ilse Crawford, Form Us With Love, Tom Dixon ...
UK-based packaging firm RPC Group has signed an agreement to acquire Letica, a US-based manufacturer rigid plastic packaging and foodservice products, for $640m. Letica is engaged in manufacturing rigid plastic packaging and foodservice ...
Tags: packaging, RPC Group, rigid plastic
TRU Aseptics, (TRU) has completed its acquisition of the former WILD Flavors Aseptics Facility in Beloit, Wisconsin from Chicago-based Archer Daniels Midland Company. The facility is 65,000 sq. ft. and sits on 5.2 acres. TRU will ...
Tags: TRU Aseptics
Crown Holdings announced that Gerard Gifford has been appointed as executive vice president and chief operating officer effective 01 April 2017. In this new role, Mr. Gifford will continue to report to Timothy J. Donahue, President and ...
Tags: Crown Holdings, Beverage Packaging
Switzerland-based Nespresso has launched a limited-edition aged coffee for its machines. Made from fresh Arabica coffee sourced from high in the Colombian mountains and plains, the Selection Vintage 2014 coffees were harvested three years ...
Graphic Packaging Holding Company, a provider of packaging solutions to food, beverage and consumer product companies, reported Net Income for fourth quarter 2016 of $34.9m , or $0.11 per share, based upon 317.9 million weighted average ...
Tags: Graphic Packaging, Packaging
Stone Canyon Industries (SCI), through its subsidiary BWAY, has agreed to acquire Mauser Group, a rigid packaging products supplier, from private investment firm Clayton, Dubilier & Rice (CD&R) for $2.3bn. German firm Mauser operates more ...
Tags: Stone Canyon, Packaging
UK-based Amberley Labels has added folding cartons to its offering in order to meet the increasing demand for this type of packaging. The company partnered with an undisclosed printed folded carton packaging products firm to provide more ...
Tags: Carton Packaging, Packaging
Green chemistry firm Carbios has developed a new technological solution for recycling of opaque polyethylene terephthalate (PET) plastics such as milk bottles. Since 2012, the company has been involved in developing an enzymatic recycling ...
Tags: Carbios, Opaque Plastics
Austria-based Erema has unveiled new ReFresher system to produce odourless recyclate from post-consumer material such as household packaging waste. Designed for recyclers and producers, the new ReFresher produces filtrated, degassed and ...