Citic Capital China Partners is in advanced talks with Oaktree Capital Management to acquire French cosmetic packaging solutions provider Axilone. Based in Paris, Axilone designs and manufactures plastic and metal packaging solutions for ...
Tags: Citic Capital, Cosmetics Packaging
Packaging solutions provider Nosco has acquired assets of Knight Packaging Group, a US-based offset folding carton printer, for undisclosed amount. The acquisition is a part of Nosco’s strategy to add new products and capabilities ...
Tetra Pak has introduced a new package which will enable dairy and juice drinks to be produced and distributed in small carton pouches at room temperature. They can also be turned into frozen products in shops or in a consumer’s ...
Tags: Tetra Pak, Liquid Dairy Producers
Constantia Flexibles has completed the €1.15bn ($1.3bn) divestiture of its labels division to Ohio-based printing company Multi-Color Corporation following the receipt of regulatory authorities. As part of the deal, Constantia ...
Tags: Constantia Flexibles, labels
Flexible intermediate bulk containers (FIBC) provider Conitex Sonoco USA has introduced new multi-layer barrier bag product line. Launched through the company's BulkSak flexible products division, the new multi-layer barrier film bags are ...
Tags: Flexible intermediate, containers
Xeikon is set to exhibit a range of digital printing solutions for the graphic arts, label and packaging industries at this year’s IPEX event in the UK. The event will take place between 31 October and 3 November in Birmingham. ...
Tags: Xeikon, Digital Printing
India-based Creative Graphics has invested in Esko’s platforms, in a bid to enhance its production operations. India’s largest packaging prepress and flexographic plate provider has expanded in the past three years with its ...
Tags: Creative Graphics, packaging
Crown Holdings has announced its financial results for the third quarter ended 30 September 2017. Third Quarter Highlights Earnings per share $1.32Adjusted earnings per share $1.41$62 million of Q3 share repurchases; $339 million ...
UK-based packaging distribution from Kite Packaging has introduced Stretch Safe system for faster wrapping of pallets. Designed to wrap any pallet under 2m in height, the Kite’s new manual mobile wrapping system is said to be fast, ...
Tags: Kite Packaging, Pallets Wrapping
Graphic Packaging will create a $6bn paper-based packaging firm by combining with International Paper’s (IP) North American consumer packaging business. IP has agreed to contribute its business for around $1.8bn, of which $660m will ...
Tags: Graphic Packaging, packaging
Hilton Foods has agreed to acquire chilled UK fish processor Icelandic Group UK (Seachill) for cash consideration of £80.8m. The Company also announces its intention to conduct a non-pre-emptive underwritten cash placing to raise ...
Tags: Hilton Foods, Fish Processor
CapitalG, a growth investment fund under Alphabet has led $1bn round of investment in ride-hailing company Lyft. With this investment, Lyft’s valuation has gone up to $11bn. CapitalG’s partner David Lawee will be joining ...
Tags: CapitalG, Rival Lyft
The Ferrero Group has agreed to acquire Illinois-based non-chocolate confectioner Ferrara Candy from private equity firm L Catterton for an undisclosed price to expand its US business. The transaction made by an affiliated company of ...
Food testing services provider Eurofins Scientific has acquired Institut Nehring, a food testing laboratory in the German market. Institut Nehring was established in 1905; today the company is well-known in the German market thanks to its ...
Tags: Eurofins, Food Testing Lab
The high-brightness LED market will rise at a compound annual growth rate (CAGR) of 10% during 2016-2023, forecasts Occams Business Research and Consulting in its report ‘Global High Brightness LED Market Research Report Insights, ...
Tags: LED market, LED components