US-based Twin Rivers Paper has signed an agreement to acquire Mondi Group’s paper mill in Pine Bluff, Arkansas. Terms of the deal, which is expected to be completed in the second quarter of this year, have not been disclosed. Pine ...
Tags: Twin Rivers Paper, Paper Mill
US-based meat processing company Strauss Brands is offering CrossFit approved premium-quality meat via a multi-year deal brokered by IMG. A CrossFit Approved box, featuring a curation of Strauss' free-range chicken, grass-fed burgers, ...
Tags: Meat Products, meat
Consumer goods firm Unilever has collaborated with start-up firm Ioniqa and polyethylene terephthalate (PET) resin producer Indorama Ventures to pioneer a new technology that can turn PET waste into virgin grade material for use in food ...
Tags: Unilever, Virgin Grade Material
Groupe PSA is investing in Luton facility in the UK to manufacture a new Opel/Vauxhall Vivaro by 2019. The company said the success of its light commercial vehicle strategy needs further manufacturing capacity and the investment in Luton ...
Tags: Groupe PSA, Brexit Uncertainties
Packaging manufacturer Coveris has agreed to divest its Americas packaging business to Transcontinental (TC Transcontinental) in a deal worth $1.320bn. Coveris Americas, which is a subsidiary of Sun Capital Partners portfolio firm ...
Sky Group has launched a new investment vehicle to support ideas and businesses in resolving oceans plastic crisis. Sky Ocean Ventures is a new investment vehicle that will work with businesses and innovators to solve routine plastic ...
Tags: Sky Group, Plastic Waste
The Glasgow Distillery has signed a UK distribution agreement with Halewood Wines & Spirits for its Makar gin and G52 Urban Craft Vodka brands. Halewood’s enviable portfolio of artisanal spirits will now be bolstered by our Makar ...
Tags: Glasgow Distillery
Global meat processing company Danish Crown’s subsidiary DAT-Schaub has purchased a majority stake in Shanghai Natural Casing for an undisclosed price to expand its operations in China. The purpose of the acquisition is to gain ...
Tags: meat, meat processing
Smurfit Kappa said it has been recognised for its expertise in packaging creation and design with securing two awards at the NL Packaging Awards 2018. The 'Milner Packmaster 2.0' won gold in the 'Transport & Shelf-ready Packaging' ...
Tags: Smurfit Kappa, Packaging
Koenig & Bauer has fully achieved or exceeded its guidance for 2017, driven by strong revenue and earnings in the fourth quarter. The printing press manufacturer’s consolidated figures show that with the increase in revenue, ...
Tags: Koenig&Bauer, packaging
Packaging firm Sonoco has agreed to acquire US-based Highland Packaging Solutions for about $150m in cash. Based in Plant City of Florida, Highland Packaging manufactures thermoformed plastic packaging solutions for fresh produce and ...
Tags: Packaging, dairy products
US-based engineered equipment and automation solutions provider Duravant has acquired automation systems manufacturer, Key Technology, for about $175m. Based in Walla Walla of Washington, Key Technology is engaged in the design and ...
Tags: bucket elevator, rotary table
Cargill has commenced the official production of its EverSweet sweetener, which is claimed to offer a new choice for reduced and zero-calorie food and beverages. The sweetener is produced via a fermentation process that extracts stevia ...
Pairwise Plants has closed a $25m Series A funding round co-led by Deerfield Management and Monsanto Growth Ventures (MGV), the venture capital arm of Monsanto to accelerate crop innovation. Pairwise is an agricultural company focused on ...
Mercedes-Benz Cars is investing more than €100m in a battery factory in Thailand. With a strategic decision Mercedes-Benz Cars is enhancing the manufacturing footprint in South-East Asia addressing growing demand for electric ...
Tags: Mercedes-Benz Cars, battery