Singapore-based Neo Group is planning to acquire surimi-based seafood products manufacturer Thong Siek Holdings (TS Group) in the country. The company will acquire 55% stake in TS Group in a deal worth $5.55m, DealStreetAsia reported. ...
Tags: Surimi-Based Foods, Neo Group
AR Packaging will invest €3m in the newly acquired plants at Krakow in Poland and Graz in Austria. With the investment at the two facilities, the German company is expecting to strengthen its foothold in the European packaging ...
Food testing services provider Eurofins Scientific has agreed to acquire 65% majority stake in Vietnamese food testing company Sac Ky Hai Ang (EDC-HD) for an undisclosed amount. EDC-HD, a merger between the Ho Chi Minh City Center of ...
Tags: Food Testing, Eurofins Scientific
Australia’s love for takeaway meals is a major reason for the UK’s online delivery service Just Eat moving to acquire Australia’s equivalent Menulog for $A855 million. The Australian and New Zealand delivery market is ...
Swiss agribusiness Syngenta has rejected $45bn acquisition offer from global seed technology major Monsanto for the second time citing unfavorable terms for shareholders. If the proposed deal advances, an industry leader with combined ...
Tags: Syngenta, agribusiness
TreeHouse Foods has recorded first quarter earnings of $0.41 per fully diluted share when compared to $0.38 per fully diluted share reported for the first quarter of 2014. The Company reported adjusted earnings per share in the first ...
Tags: TreeHouse Foods, Q1 Results
Orkla has reported a 10% increase in operating profit , totalling NOK 725m in the first quarter of 2015. The Branded Consumer Goods business achieved EBIT (adj.) of NOK 769 million, an improvement of 11% from the first quarter of 2014. ...
Tags: Orkla, Hydro Power
Extrusion and thermoforming company Par-Pak Europe, the UK division of the Waddington Group, has bought packaging firm Deltaform and its subsidiary Chiltern Thermoforming, to expand its position in the European market. Deltaform and ...
Tags: Par-Pak Europe, European market
Paper and packaging firm Antalis has bought 1st Class Packaging, Donington Packaging Supplies and Parkside Packaging from PaperlinX UK. PaperlinX UK was placed into administration in April, but the performance of the three distribution ...
Tags: Antalis, Paper packaging
Tesla Motors is acquiring US-based stamped parts manufacturer Riviera Tool for an undisclosed amount The company is looking at increasing the production of its Model S electric sedan and new luxury electric crossover, the Model X and ...
Tags: Tesla Motors, Stamped Parts
Columbus Exploration Corporation has entered into a memorandum of understanding to acquire organic food company Agricola Nuova Terra Guatemala for more than $6.5m. Agricola currently offers fresh organic and conventional products to ...
Tags: Organic Food, food packaging
The protein and sandwich supplier AdvancePierre Foods has completed the acquisition of the manufacturing assets of American stuffed sandwich maker Better Bakery on undisclosed terms. Better Bakery's production operations will now be moved ...
Tags: protein, sandwich, AdvancePierre Foods
Sysco Canada has agreed to acquire foodservice distributor Tannis Trading for an undisclosed amount. Headquartered in Ottawa, Canada, Tannis Trading supplies food products to the food service industry. It offers institutional food ...
Tags: Sysco Canada, foodservice
China's top trainmaker, China CSR Corp is planning to issue 11.14 billion new shares for the acquisition of CNR, which is approved by the China Securities Regulatory Commission. CSR was founded in 2007. The company was listed on both the ...
Last week, Faerch Plast announced its arrival in Australia. This week it has announced its acquisition of Anson, a manufacturer of thermoformed packaging solutions. The acquisition takes place just a year after private equity fund EQT VI, ...
Tags: Faerch Plast, Packaging