Seaboard Folding Box, a portfolio company of private equity firm Charter Oak Equity, has acquired paperboard specialist Imperial Packaging for an undisclosed price. Based in Pawtucket, Rhode Island, Imperial Packaging manufactures folding ...
Tags: Imperial Packaging, Seaboard
Conagra Brands (CAG) has signed an agreement to divest its Wesson oil brand to the J.M. Smucker (JMS). The transaction is subject to customary closing conditions, including the receipt of any applicable regulatory approvals. The ...
Tags: Conagra Brands
WestRock has agreed to acquire five corrugated converting facilities from U.S. Corrugated for about $192m. The deal includes facilities located in Ohio, Pennsylvania, and Louisiana. The facilities are used to offer a suite of products ...
Tags: WestRock, corrugated converting
NCC Automated Systems, an integrator and manufacturer in the food packaging, and ophthalmic automation industries, announced that the company has formed an ESOP (Employee Stock Ownership Plan). In the transaction, ownership sold a ...
Multi Packaging Solutions (MPS) International has reported a net income of $10.8m, or $0.14 diluted earnings per share, for the third quarter ended 31 March 2017, compared to $3.8m, or $0.05 diluted earnings per share, for the same period ...
Tags: Multi Packaging, Packaging
Sealed Air has announced financial results for first quarter 2017, as well as outlook for the complete year. Commenting on these results, Jerome A. Peribere, President and Chief Executive Officer, said, “2017 is a transformational ...
Tags: Sealed Air, Packaging
Verde Farms, a provider of 100% grass-fed and free range beef, has acquired El Raigon Natural Beef’s import division Estancia Beef. The acquisition is a natural next step in expanding Verde Farms' offerings nationwide while ...
Tags: Verde Farms, Beef
Viking Plastics has acquired Kentucky Manufacturing & Technology to expand into Southeast US and into new markets. Financial details about the transaction have not been disclosed. KMT is a manufacturer of high-precision, custom ...
Kohlberg & Company, a leading private equity firm specializing in middle-market investing, has announced that it has closed the acquisition of Pexco and successfully merged the business with PPC Industries, Inc. (“PPC”), a ...
Tags: Kohlberg, PPC Industries
For first-quarter 2017, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $94.4m, rebounding further from $93.6m last quarter and up 21% on $78m a year ago. This is above ...
Tags: LED Demand, LED industry
Berry Global Group has reported results for its second fiscal 2017 quarter, referred to in the following as the March 2017 quarter. Net income for the March 2017 quarter was $72 million ($0.54 per diluted share) compared to $59 million ...
Delphi Automotive is planning to spin off its Powertrain Systems segment into a new, independent publicly traded company, which will allow it to focus on technology for electrically powered and self-driving vehicles. The transaction is ...
Bosch is planning to divest its subsidiary Robert Bosch Starter Motors Generators, including all subsidiaries, to the purchaser consortium ZMJ (Zhengzhou Coal Mining Machinery Group Co., Ltd.), Zhengzhou, China, and CRCI (China Renaissance ...
Tags: Bosch, Motors, Generators
Eastside Distilling has acquired a controlling stake in Big Bottom Distilling (BBD), a Hillsboro, Oregon-based distiller of super premium gins, whiskeys, brandies, rum, and vodka. BBD was founded by Ted Pappas, a past president of the ...
Tags: Eastside Distilling, whiskeys
Parmalat has acquired two American dairy producers for an undisclosed price. With this transaction, the Parmalat Group acquires an important business active in the ethnic specialties segment in the United States, increasing its current ...
Tags: Parmalat, dairy producer