Mexican corn miller and tortilla producer Gruma has acquired the European unit of US-based Azteca Foods in a €45m deal. The acquisition includes all shares and ownership interests representing the capital stock of Azteca Foods ...
Tags: Gruma, wheat products, Food
RPM International Inc. has announced that its Rust-Oleum Group has acquired Spraymate Group, producer of South Africa’s leading aerosol paint brand. Spraymate is based in Randvaal, South Africa outside Johannesburg. Terms of the ...
Global independent toy firm is looking to expand in the RC sector, an 'important category' to its growth plans. Goliath has acquired the leading French RC developer, manufacturer and distributor, Modelco. Known for its portfolio of ...
Tags: Global independent toy, Flying Dragon, Toys
Chairman Jimmy Chu of the Fair Friend Ent. Group, Taiwan's biggest machine-tool conglomerate by revenue, announced plans to go public in Taiwan around the end of 2017 by consolidating resources of all of its subsidiaries worldwide. The ...
Tags: machine-tool, horizontal machining
PPG Industries has completed the acquisition of certain assets of Flood Australia, which manufactures and distributes specialty wood stain and paint additive solutions for consumer, commercial and industrial applications. Financial terms ...
Tags: PPG Industries, paint additive
Catalent Pharma Solutions, a US-based provider of advanced delivery technologies and development solutions for drugs, biologics and consumer health products, has acquired Australian pharmaceutical packaging business, Pharmapak Technologies, ...
Tags: delivery technologies, Pacific, Packaging
equipped its Alcalá plant in Madrid, Spain, with a Jetmaster-Inkjet single-pass digital printer which will help customers differentiate and increase sales. Capable of printing on any kind of substrate, the flexible printer will ...
Marine logistics company Oricon Enterprises (OEL), a flagship company of Parijat Enterprises, will be acquiring 70% stake in India-based Oriental Containers for $16.77m (INR105cr). OEL will buy the company from its Mauritius-based joint ...
Tags: OEL, water closures, Packaging
Over the past year, the LED industry had pondered about the company that would eventually take over Philips lighting component (Philips Lumileds) and automotive business. Previous market rumors pointing towards CVC and KKR consortium as ...
Tags: Philips, LED Patent Issues, Lights
Dutch bottler of soft drinks and juices Refresco Gerber BV has raised $597m (€548m) through initial public offering on Amsterdam stock exchange. This is its third IPO this year, reported Bloomberg. Refresco sold 37.8 million ...
Tags: juices, facilities, Food
Saudi Arabia-based dairy food company Almarai is looking to acquire confectioner Rashidi El-Mizan and dairy firm Dina Farms, as well as planning to invest $500m towards the expansion of its current projects in Egypt. The investment ...
Sika has agreed to acquire Construction Technologies Australia Pty Ltd (CTA), one of the leading suppliers of tile adhesives and associated mortar products in Australia. CTA generated sales of CHF 22 million in 2014 and has 51 employees. ...
US-based leading wine producer and distributor E & J Gallo Winery has agreed to acquire sparkling wine producer J Vineyards & Winery. Established in 1986 by Judy Jordan, J Vineyards & Winery is located in Sonoma County's Russian River ...
Specialty chemicals producer Clariant has inaugurated a new manufacturing facility that it acquired through its recent purchase of healthcare packaging company VitaPac. The addition of the manufacturing facility, located in southeast ...
Tags: packets, Manufacturing, Packaging
Japan-based Mitsui has announced an agreement to acquire 15% stake in Turkey’s integrated packaging manufacturer Sarten Ambalaj Sanayi ve Ticaret. In a statement, Mitsui said that it will acquire the stake after accepting a ...