Molson Coors Brewing and AriZona Beverages' affiliate Hornell Brewing have entered into a partnership agreement whereby Molson Coors will market and distribute a new Flavored Malt Beverage (FMB) brand, Arnold Palmer Spiked Half & Half, in ...
Tags: Molson Coors, Arnold Palmer
Graphic Packaging International has completed the previously announced acquisition of Carton Craft and its affiliate Lithocraft. The deal, which was signed last month, was subject to standard closing requirements and regulatory review. ...
Tags: Graphic Packaging, paperboard
UK-based corrugated cardboard maker DS Smith is set to showcase e-commerce packaging solutions at Deliver #2 event in Germany. Deliver #2, which will take place on 27 and 28 June in Berlin, is an event that will bring together online ...
Tags: corrugated cardboard, Packaging
Schweiter Technologies AG has come to an agreement with the Swiss Rieter Group on the sale of all shares in the SSM Textile Machinery division and has executed the transaction simultaneously. SSM Textile Machinery (www.ssm.ch) is a ...
Tags: Schweiter, Textile Machinery
Spain-based food company Cerealto has closed the acquisition of Italian pasta maker Pastificio Mediterranea for an undisclosed price. The acquisition, which was completed following an approval from Concordato de Alessandria, also includes ...
Tags: Cerealto, Italian Pasta
PolyOne has acquired North American color and additive materials producer Mesa for an undisclosed sum. Established in 1990, Mesa manufactures both solid and liquid colorant technologies, which can be used in a range of end markets such as ...
Tags: PolyOne, additive materials
France’s new ecology minister Nicolas Hulot has announced that the country will ban the sale of petrol and diesel-powered vehicles by 2040. The announcement is part of the country’s commitment to Paris climate agreement. It ...
Tags: Fossil Fuel, petrol
UK-based corrugated cardboard maker DS Smith has signed a conditional agreement to acquire a majority stake in US packaging firm Interstate Resources from Merpas for $920m. DS Smith and its US subsidiary DS Smith Holdings have signed the ...
Tags: corrugated cardboard, packaging
Apetit Group has agreed to divest its seafood business in Finland, Norway and Sweden to Insula for an undisclosed price. The divested seafood segment of Apetit is made up of Apetit Kala fish processing business which salmon and rainbow ...
French food group Danone has signed a binding agreement to sell its US dairy subsidiary, Stonyfield, to Lactalis for $875m. The price of the deal represents 20 times its earnings before interest, tax, depreciation and amortization ...
International Paper has agreed to settle the Kleen Products antitrust class action lawsuit, which was filed in 2010 against it and seven other containerboard producers. The lawsuit is pending in the US District Court for the Northern ...
US-based Prinova has agreed to acquire the China and UK premix operations of Israeli-based Lycored. Prinova is a global supplier of ingredients, flavors, blending and contract manufacturing solutions for the food, beverage and nutrition ...
Tags: Prinova, liquid nutrient
A Brazilian federal court has blocked meat processing giant JBS’s proposal to divest its beef operations in three South American markets. JBS’ $300m sale of the select South American beef processing operations to rival ...
Tags: meatpacker, Minerva
The UK’s Wine and Spirits Trade Association (WSTA) has urged the new government to strike a full negotiated divorce settlement with the European Union (EU). WSTA stated that a failed negotiation with the EU, before the deadline is ...
Nestlé USA has forayed into the direct-to-consumer (DTC) prepared meals business by acquiring a minority stake in Freshly. The Nestle subsidiary was the leading investor in a $77m funding round in the DTC healthy prepared meals ...
Tags: Nestle, Prepared Meals